The photo frame industry is an industry with a long history. Before the advent of plastic photo frames, wooden photo frames were the only products of the photo frame industry. Undoubtedly, plastic photo frames robbed many wooden photo frame markets.
However, with the progress of science and technology, the photography technology has made a great leap forward. Most people now use digital cameras to take photos, and digital photos can be stored in the computer memory. This situation has led to the shrinking of the plastic photo frame industry market. Based on the above phenomenon, in theory, the prospect of the wooden photo frame industry should shrink like the plastic photo frame industry. However, the fact is not the case, The market, especially the European and American markets, has an increasing demand for wooden photo frames.
In foreign countries, especially in the European continent and the United States, the people have a great demand for wooden photo frames. They all use wooden photo frames to set souvenirs, such as university graduation photos, Navy graduation photos, antiques, pistols, baseball, baseball bats, or jerseys worn by football stars.
People in European and American countries are willing to spend money on the above-mentioned souvenirs. Wooden photo frames are used to make souvenirs, which are beautiful and practical in appearance. In European and American families, the houses are often filled with various photo frames, unlike our Chinese families, which only put their parents' photos or wedding photos in the photo frames.
In addition to ordinary families, hotels in Europe and the United States also place many wooden photo frames, so that many memorable things, including photos and records, can be placed in the photo frames for customers to browse. Therefore, the demand for wooden photo frames in Europe and the United States is still very keen.
With this kind of photo frame inlaid souvenir, the photo frame itself costs a lot. It is very common to spend a few hundred dollars on a photo frame. Because the European and American people have great demand for wooden photo frames and pay attention to them, they generally have high requirements for the quality of the photo frames.
The annual market value of high-quality wooden photo frames in the world is about US $800 million, of which Italy and Spain are the largest suppliers, accounting for 30% of the world's total, other European countries supply 10%, the United States supply 10%, Indonesia supply 8%, Malaysian suppliers supply about 2%, and other countries supply 10%. Taiwan used to be a strong export region of photo frames and ranked among the top 10 export regions of photo frames in the world. However, after the continuous improvement of the local factories, Taiwan's manufacturers have all moved to other parts of Asia to produce photo frames and lines.
This shows that the prospect is still good!