Camera Stores in China - Industry Market Research Report

Camera Stores in China - Industry Market Research Report

Camera Stores in China

Revenue for the Camera Stores industry has been declining in the past few years. A large number of camera stores have gradually withdrawn from the market in China. Despite rising demand for digital single lens reflex (DSLR) cameras, industry revenue is anticipated to decline by 7.8% in 2023. Advances in smartphone camera technology has meant that consumers have increasingly replaced low-end pocket cameras with the cameras in their smartphones. Smartphone cameras can be used in most circumstances for basic photos, and smartphone manufacturers have continuously improved their integrated camera offerings. Industry revenue is expected to decline at an annualized 9.9% to $520.5 million over the five years through 2023, including a 7.8% decline in 2023.

Operators in the Camera Stores industry in China retail traditional and digital cameras, and photographic equipment and supplies, such as external lighting equipment, film, tripods and memory cards. Operators often provide after-sales services for low-level technical problems. The industry excludes video camera retailing.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.