Industry Analysis & Industry Trends
Over the past five years, the Photographic Equipment Retailing industry has been affected by tough trading conditions, with revenue expected to decline by an annualised 2.3% over the five years through 2013-14. Revenue has struggled due to declines in the average price of cameras, fierce competition from external players (such as general electrical stores and department stores), and growth in the volume of and demand for grey imports of camera products. The overall performance of the industry has also been driven by trends in real household disposable income, consumer sentiment, advances in product technology and features, and fluctuations in the number of domestic trips taken by Australian consumers. Industry revenue is forecast to post weak growth over 2013-14, rising by 0.4% to $705.0... purchase to read more
Industry Report - Industry Products Chapter
Products retailed by the industry may be broadly segmented into cameras, video cameras 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 usage of smartphones and tablets where traditional cameras were once used. Demand between various camera products has also been affected by advances in technology, functionality and design.
Cameras and accessories
Cameras are the largest product segment for the industry and are expected to account for 70.0% industry revenue in 2013-14. This segment includes bridge, SLR and DSLR cameras. Digital cameras (also known as compact cameras) enable users to shoot photos or video and take a recording of the image... purchase to read more