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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 2013

The big picture: Photographic equipment retailers struggle with online competition

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
$705m
Annual Growth 09-14
-2.3%
Annual Growth 14-19
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Profit
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Employment
2,038
Businesses
520
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 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 1.4% over the decade through 2018-19, compared with annualised growth of 2.5% 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 internet websites that are operated by industry players. Businesses that primarily trade as department stores or general electronic retailers are excluded from the industry.

Industry Products
Cameras and accessoriesVideo cameras 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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