Industry Analysis & Industry Trends
There are two broad segments in this industry: photographic goods and ophthalmic goods. Different trends have influenced performance in these two segments. The photographic product segment contracted due to the shift away from traditional film cameras towards digital cameras. Local manufacturers do not produce digital cameras, but specialise in producing film and paper products. The collapse of film photography has caused sales of locally produced film and paper to plummet, resulting in a large contraction of the industry... purchase to read more
Industry Report - Industry Investment Chapter
The industry has a moderate level of labour intensity, as indicated by the ratio of capital to labour of about 1:3.9. Labour costs are estimated to account for approximately 20.8% of industry revenue in 2012-13. The industry employs highly skilled labour to research, design and manufacture products that are costly and complex. As a result, the average wage is higher than the average for the manufacturing sector overall... purchase to read more