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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 | Dec 2014

Faded memories: Smartphones have been reducing demand for industry products

IBISWorld’s Photographic Equipment Retailing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$650m
Annual Growth 10-15
-4.9%
Annual Growth 15-20
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Profit
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Employment
1,860
Businesses
486
Industry Analysis & Industry Trends

The Photographic Equipment Retailing industry has faced tough trading conditions, with revenue expected to decline by an annualised 4.9% over the five years through 2014-15. Revenue has struggled due to declines in the average price of cameras, fierce competition from external players (such as general electrical and department stores), and growth in the volume of and demand for grey imports of camera products. Trends in real household discretionary income, consumer sentiment, advances in product technology and features, and international travel by Australians have also driven overall industry performance. Industry revenue is expected to decline over 2014-15, decreasing by 5.2% to $650.0 million... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Photographic Equipment Retailing industry is in the decline phase of its life cycle. This can be attributed to the contraction in industry value added, the consolidation of establishments and the overall shift in consumer preference for using other devices, such as tablets or smartphones, to take photos instead of traditional cameras.

Industry value added is projected to decline by an annualised 4.0% over the decade through 2019-20, compared with annualised growth of 2.7% in Australian GDP. The contraction in industry value added relative to the overall economy is characteristic of an industry in decline, as value added falls behind the general economy and revenue shrinks in size... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Photographic Equipment Retailing Industry?

Operators in the industry primarily retail photographic equipment including cameras, camcorders, projectors and photographic accessories. Products sold by the industry 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 or general electronic retailers are excluded from the industry.

Industry Products
Compact, SLR and DSLR camerasBridging camerasCamcorders and accessoriesOther products and services
 
Industry Activities
Camera retailingPhotographic equipment retailingPhotographic film or paper retailingProjectors retailingDigital camera accessory retailingDigital photo printingVideo camera retailing


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