Camera Stores in the US - Industry Market Research Report

Camera Stores in the US - Industry Market Research Report

  • November 2018 •
  • 33 pages •
  • Report ID: 184455 •
  • Format: PDF
Out of focus: New technologies and competition from large-scale retailers will restrict growth

Abstract

Camera Stores in the US
The Camera Stores industry has contracted significantly during the past decade. Heightened competition from online retailers and consumer electronic stores has reduced the number of consumers who purchase items from camera stores, forcing several companies to exit the industry. Furthermore, camera sales have also declined during the period as consumers increasingly take pictures with smartphones. As a result, industry revenue is estimated to decrease over the five years to 2018. This shift toward new technologies and competing retailers is expected to continue, restricting industry demand and cutting into revenue. To remain profitable amid heavy competition, industry operators will likely specialize in niche product segments with a heavy emphasis on customer service and technical expertise. Nevertheless, demand will continue to decline, with revenue projected to fall over the five years to 2023.

This industry comprises brick-and-mortar camera stores that primarily sell photographic equipment such as cameras, lighting equipment, film, tripods and other camera accessories. E-commerce, consumer electronic stores and catalog sales are not included in this industry.

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.
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