The growing use of photo albums by wildlife photographers, fashion designers, artists, and other professionals to showcase their creativity is expected to drive global demand in the coming years. Additionally, the tradition of married couples preserving wedding albums as cherished keepsakes is contributing to market growth in countries such as India, Japan, Singapore, and the U.S. For example, PlanetArt, LLC—a subsidiary of CLARANOVA S.E.—reported a 21.0% increase in total sales, reaching USD 445.63 million in the 2020–2021 fiscal year.
Market Overview:
According to Fortune Business Insights, global Photobook and Album Market size was valued at USD 3.42 billion in 2024. The market is projected to grow from USD 3.51 billion in 2025 to USD 4.95 billion by 2032, exhibiting a CAGR of 5.02% during the forecast period. North America dominated the photo album market with a market share of 37.72% in 2024. Moreover, the photobook & album market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.64 billion by 2032, driven by growing popularity of photography to intensify product adoption.
List of Key Players Mentioned in the Report:
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Segments:
Flash Mount Segment to Gain Prominence Owing to Superior Quality
Based on product type, the market for photobook and album is subdivided into flush mount, lay flat, and standard. The flush mount segment is anticipated to depict an appreciable surge over the forecast period. The rise is attributed to the durability and superior quality of the product.
Landscape Segment to Depict Notable Growth Due to Advantage of Better Storage