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Jan. 18, 2005--Lyra Research forecasts ink jet photo paper shipments will double, increasing from 2.6 billion sheets in 2003 to 5.2 billion sheets in 2008, a compound annual growth rate of 15 percent.
Growth in the ink jet photo paper market will be driven primarily by
worldwide increases in digital camera ownership coupled with the widespread
availability of low-cost ink jet photo printers. While many photos printed at home are currently printed on
plain paper, use of gloss or semigloss photo paper will increase as
snapshot-sized A6 or 4 x 6-inch prints grow in popularity.
" As the ink jet supplies opportunity continues to grow, paper vendors
need to stay in touch with where people are purchasing their supplies. In the
United States, office superstores such as Staples, OfficeMax, and Office Depot
dominated the ink jet supplies landscape throughout the 1990s. In the last five
years, however, mass-market retailers such as Wal-Mart, Kmart, and Target and
warehouse clubs such as Costco, Sam's Club, and BJ's Wholesale Club have emerged
as formidable competitors," commented Lloyd "Grey" Held, director of Lyra's Hard
Copy Supplies Advisory Service.
This information and more can be found in a new Lyra report, Get the Picture:
Photo Paper Market Trends and Forecast through 2008. The report includes
information on market drivers, product and retail trends, and worldwide and
regional forecasts through 2008. Based on Lyra's extensive primary market
research in the United States, Europe, and Japan, the report's market data and
analysis are crucial for product planning and development and assist in
messaging, distribution, pricing, and identifying future market
opportunities
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