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 Products Chapter
Products retailed by the industry may be broadly segmented into cameras, camcorders and accessories, and other products and services. The relative size of each segment has exhibited modest change over the past five years due to a shift in consumer preferences and the increasing use of smartphones and tablets instead of traditional cameras. Advances in technology, functionality and design have also affected demand for various camera products.
Compact, SLR and DSLR cameras
The compact, SLR and DSLR camera segment is expected to account for 60.0% of industry revenue. Compact cameras (also known as digital or ‘point and shoot' cameras) enable users to shoot photos or videos... purchase to read more