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Photographic Equipment Retailing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Photographic Equipment Retailing Market Research Report | ANZSIC G4221b | Nov 2016

The whole picture: Industry revenue has declined due to changing consumer preferences

IBISWorld’s Photographic Equipment Retailing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$620m
Annual Growth 12-17
-4.3%
Annual Growth 17-22
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Profit
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Employment
1,755
Businesses
450
Industry Analysis & Industry Trends

The Photographic Equipment Retailing industry has faced tough trading conditions in recent years, with revenue expected to decline by an annualised 4.3% over the five years through 2016-17. Revenue has struggled due to the average price of cameras falling, fierce competition from external players (such as general electrical and department stores), and growth in volumes of and demand for grey camera product imports. Real household discretionary income and consumer sentiment trends, advances in product technology and features, and international travel by Australians have also affected the industry's performance. Industry revenue is expected to continue declining in 2016-17, falling by 2.6% to total $620.0 million... purchase to read more

Industry Report - Industry Analysis Chapter

Operators in the Photographic Equipment Retailing industry have faced a tough trading environment over the past five years. Despite advances in camera technology, trading conditions have been negatively affected by price deflation, strong price-based competition among players, and external competition from electrical and department stores. A shift in consumer shopping habits towards online operators, changes in the way consumers store and develop their prints, and the growing popularity of camera-enhanced smartphones and tablets have also affected sales over the past five years. Industry revenue is expected to post an annualised decline of 4.3% over the five years through 2016-17 to total $620.0 million. This includes a fall of 2.6% in the current year... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Photographic Equipment Retailing Industry?

Industry operators primarily retail photographic equipment including cameras, camcorders, projectors and photographic accessories. These products are sourced from wholesalers and sold to consumers via bricks-and-mortar stores or websites operated by industry players. Businesses that primarily trade as department stores, general electronic retailers or online-only operators are excluded from the industry.

Industry Products
Compact camerasDSLR and Compact system camerasBridge camerasCamcorders and accessoriesPhoto processing
 
Industry Activities
Camera retailingPhotographic equipment retailingPhotographic film or paper retailingProjectors retailingDigital camera accessory retailingDigital photo printingVideo camera retailing


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