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2018 Market Analysis & Industry Outlook: Photofinishing

Overview: the U.S. Photofinishing Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Photofinishing: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Photofinishing industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Digital Photo And Photofinishing Services

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Photofinishing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Photofinishing industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Photofinishing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 3%

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Chief Executives0%
General and Operations Managers2%
Personal Care and Service Occupations 33%
Animal Care and Service Workers 25%
Nonfarm Animal Caretakers 24%
Nonfarm Animal Caretakers 24%
Sales and Related Occupations 7%
Retail Sales Workers 5%
Office and Administrative Support Occupations 9%
Transportation and Material Moving Occupations 37%
Other Transportation Workers 30%
Parking Lot Attendants 30%
Parking Lot Attendants 30%
Source: Bureau of Labor Statistics

Photofinishing Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Mom365 trademarks "EVERY BABY DESERVES A BEAUTIFUL PORTRAIT" - Photography services - 02/23/2018
  • Duggal Visual Solutions trademarks "GIVE US YOUR BEST WORK. WE'LL GIVE YOU OURS." - Photographic prints; Stretched photographic canvases - 01/13/2018
  • Louisville Photographic Booth Company LLLC trademarks "MAGBOOTH" - Rental of portable photography and/or videography booths for taking of pictures and videos - 02/16/2016
  • Colorcentric patents Methods For Managing Digital Images And Systems Thereof - 09/10/2009

  • Top Innovators

    CompanyInnovation Score
    Duggal Visual Solutions

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • America's 24 dying industries - Meanwhile, online news platforms and photo sharing social media applications have played a considerable role in the the decline of newspaper publishing, photofinishing, and libraries and archives. In the past decade, the number of Americans working in each ... (01/06/2018)
    • America’s 25 dying industries include sound studios, textiles, newspapers - Employment change 2007-2016: -59.2% Employment total: 9,703 Wage growth 2007-2016: 63.3% Avg. annual wage: $55,433 Photofinishing is another prime example of an industry gutted by the rise of digital technology and media. An estimated 95% of Americans own ... (12/28/2017)
    • America’s 25 Dying Industries - Click here to see America’s 25 dying industries. Click here to see America’s 25 thriving ... has greatly reduced employment in both telephone manufacturing and photofinishing, industries where employment has declined by 51% and 60%, respectively. (12/09/2016)
    • N.J.'s wide gender pay gap detailed by Census for the first time - The median earnings for all NJ residents was $41,982 ... death care services, pet care services, photofinishing services, temporary parking services, and dating services." New Jersey women in that category earned 49.2 percent of what men earned in 2015. (09/16/2016)
    • FASTSIGNS® Piques Interest of Photofinishing Companies with Co-Brand Franchise Program - MOBILE, Ala.--(BUSINESS WIRE)--The photofinishing industry has evolved greatly over the past few decades, leaving business owners to continuously adapt to the changing technological landscape. Recognizing the valuable insight and resources that it could ... (02/13/2015)
    • Hands-on: nearly instant photofinishing direct from your smartphone - Walgreens and Fujifilm are targeting mobile phone users with new systems that allow users to order true photographic prints directly from an iOS or Android device. Both companies launched APIs this week that allow app developers to integrate print ordering ... (07/15/2012)
    • Wal-Mart photofinishing narcs out student who made anti-Bush poster - Wal-Mart called the police on a high-school student who brought in a pic of a homemade anti-George Bush poster for photo-finishing. The Secret Service went to the kid's high-school and confiscated the poster. Jarvis had assigned her senior civics and ... (10/15/2005)
    • On the record - EASTMAN KODAK TO UNLOAD CLAS PRINTER BUSINESS ROCHESTER, N.Y. - Eastman Kodak Co. said Monday it agreed to sell its CLAS wholesale photographic printer business to Gretag Imaging, a Swiss supplier of photofinishing equipment. Terms were not disclosed. (02/03/1998)
    • Fuji Knocks Kodak Out Of Focus - When Japan's Fuji Photo Film Co. outbid Eastman Kodak Co. for Wal-Mart Stores Inc.'s six photofinishing plants earlier this week, it did more than simply acquire some new U.S. facilities. The world's second-largest photo film company also served notice ... (07/12/1996)
    • Kodak and Fuqua Plan Photofinishing Merger - The Eastman Kodak Company and Fuqua Industries said yesterday that they would combine their photofinishing operations, putting the final touch on acquisition campaigns that had left them as the dominant players in a fragmented industry. The new joint ... (12/08/1987)

    Government Contracts

    In 2016, the federal government spent a total of $188,420 on Photofinishing. It has awarded 38 contracts to 8 companies, with an average value of $23,553 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

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