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South America Photobook and Album Market Size, Share & COVID-19 Impact Analysis, By Product Type (Flush Mount, Lay Flat, and Standard), By Size (Square, Portrait, and Landscape), and Regional Forecast, 2025-2032

Last Updated: February 03, 2025 | Format: PDF | Report ID: FBI107496

 

KEY MARKET INSIGHTS

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South America is the fourth largest region in the global photobook and album market. It is projected to grow at a CAGR of 3.72% during the forecast period. The global market is projected to grow from USD 3.42 billion in 2024 to USD 4.95 billion by 2032.


South Americans consider creating a photobook an important aspect of their photography, literature, and painting journeys. Increasing consumer spending on photography services is mainly supporting the photobook product revenues in the South America region. In addition, growing smartphone penetration among the Chilean & Peruvian populations will likely increase the number of photo clicks and drive photobook product demand in the South America region. According to the data presented by the GSM Association, the smartphone adoption rate in Latin America increased from 72% of the total population in 2020 to 77% in 2021.


The South America photobook and album market share is studied across the following countries/regions – Argentina, Brazil, and the rest of South America.


LATEST TRENDS


Evolving Travel & Tourism Trends to Favor Market Growth 


Evolving travel & tourism trends among the Brazilian & Argentine populations and increasing penetration of travel-friendly digital cameras for capturing photographs will likely support product consumption in South America. In addition, shifting consumer preference toward preparing premium lay flat albums of their outdoor activities will increase the South America photobook and album market size during 2023-2030.


DRIVING FACTORS


Increasing Number of Sports Photographers to Drive Market Growth


The rising number of sports photographers capturing special football tournament photographs and increasing consumer spending on sports & active recreation in Brazil, Argentina, and Chile are driving the South America photobook and album market growth. In addition, growing outdoor leisure trends among the Brazilian population will favor the product demand in the region.



  • As per the report ‘Global Wellness Economy Monitor 2021,’ published by the Global Wellness Institute, in 2020, 23.27% of the Latin American population regularly participated in recreational physical activities such as biking, jogging, outdoor running, cycling, swimming, and others.


RESTRAINING FACTORS


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Significant Demand for Alternative Photo Printing Products to Limit Growth 


Significant Brazilian & Argentina populations’ demand for alternative photo printing products, such as contemporary & fine art-based wall prints and frames to preserve their photographs, mainly limits photobook product demand in South America. Furthermore, rise in the number of art galleries and museums offering artistic wall décors items such as printed dishes, frames, and others is restraining the South America market growth.



  • As per the report ‘Museums Around the World,’ presented by the United Nations Educational, Scientific and Cultural Organization (UNESCO), in April 2021, there are 3,906 and 1,183 art museums offering artistic photo prints & frames in Brazil and Argentina, respectively.


KEY INDUSTRY PLAYERS


In terms of the competitive landscape, Photobook Worldwide, Pastbook, and Digipix Gráfica Digital S.A. are the leading players operating in the South America market. These companies focus on establishing a partnership with photobook software provider companies to strengthen their online presence and customer base in Brazil, Chile, and Peru. For instance, in September 2022, PastBook partnered with Apple, Inc., a global technology giant, to increase the presence of its PastBook iOS application in Brazil.


LIST OF KEY COMPANIES PROFILED:



KEY INDUSTRY DEVELOPMENTS:



  • June 2019: photobook.ai, an automatic album creation software platform, expanded its presence by launching the d.book application in Brazil. The company’s initiative will increase the number of mobile photo prints and support South American market growth.


REPORT COVERAGE


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This market research report provides a detailed market analysis. The report also provides a detailed market outlook and market forecasts based on different product types. It focuses on key aspects such as an overview of the cost structure of the albums, the South American industry supply chain, and the smartphone penetration rate shaping the overall South American photo album industry.


In addition, the report provides detailed information on new product launches, key industry developments such as mergers, partnerships, & acquisitions, and the impact of COVID-19 on the market. Besides this, the research report also offers insights into key industry dynamics' market trends and outlooks. In addition to the aforementioned factors, it encompasses several factors that have effectively contributed to the growth of the market in recent years.


Report Scope & Segmentation






















































  ATTRIBUTE



  DETAILS



Study Period



2019-2032



Base Year



2024



Estimated Year



2025



Forecast Period



2025-2032



Historical Period



2019-2023



Growth Rate



CAGR of 3.72% from 2025 to 2032



Unit



Value (USD Billion)



Segmentation



Product Type; Size; and Country/Sub-Region



By Product Type




  • Flush Mount

  • Lay Flat

  • Standard



By Size




  • Square

  • Portrait

  • Landscape



By Country/ Sub-Region




  • Brazil (By Product Type)

  • Argentina (By Product Type)

  • Rest of South America (By Product Type)






Frequently Asked Questions

Growing at a CAGR of 3.72%, the market will exhibit steady growth during the forecast period (2025-2032).

The rising number of sports photographers and increasing consumer spending on travel & tourism are the major factors driving the market growth.

Photobook Worldwide, Pastbook, and Digipix Grafica Digital S.A. are the major players in the South America market.

Brazil dominated the market in 2024.

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  • 2019-2032
  • 2024
  • 2019-2023
  • 122
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