Photo opportunity: The industry's decline is set to slow as operators diversify their services

The Photographic Film Processing industry's performance has deteriorated over the past five years. Households and businesses have embraced digital technology and are increasingly using their own in-house colour laser and ink jet printers for printing photographic images, which has reduced demand for industry services. The industry is expected to decline at an annualised 4.8% over the five years through 2016-17, to $323.4 million. Industry profitability has also suffered over the period due to the intensifying competition in a declining market, and the higher costs associated with keeping photographic processing technology up to date. The slump in the industry's performance has resulted in a sharp decline in industry participation over the period...read more.

Industry Statistics & Market Size
Revenue
$323m
Annual Growth 12-17
-4.8%
Forecast Growth 17-22
Profit
Employment
1,185
Businesses
612

Industry Threats & Opportunities

  • Industry revenue has plummeted as consumers have been increasingly printing their own photos
  • Smaller, unviable operators have been unable to remain competitive and have exited the industry
  • The popularity of internet image storage and display is likely to continue eroding industry revenue
  • Industry Report - Industry SWOT Analysis Chapter

    The Photographic Film Processing industry is currently enduring a period of rapid decline as photography switches from traditional analog to digital technology. The traditional methods for film development, image storage and adjustment have been rendered redundant during the past decade as Australian consumers embraced digital technology in the form of digital cameras and multi-function appliances such as mobile phones and tablet computers. Industry value added, which measures an industry's contribution to the economy, is projected to decline by an annualised 3.5% over the 10 years through 2021-22, while Australia's real GDP is forecast to grow by an annualised 2.5% during the same period. This is indicative of the industry rapidly shrinking as a share of the overall economy...purchase to read more.

    Additional Insights for the Photographic Film Processing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Photographic Film Processing Industry are

  • Proximity to key markets
  • Production of goods currently favoured by the market
  • Uptake of technology
  • IBISWorld analysts also discuss how external factors such as Demand from photographic equipment retailing and Real household discretionary income in the Photographic Film Processing industry impact industry performance..

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    What's in this report

    What is the Photographic Film Processing Industry?

    Industry firms provide photofinishing services for processing analog and digital images. This includes processing, altering and printing digital photographs, using kiosks and online processing digital prints. These activities also include developing analog film, scanning images and producing slides.

    Industry Products
  • Digital image processing (standard prints)
  • Analog film development and processing
  • High-end photofinishing services
  • Digital image processing (other prints)
  • Industry Activities
  • Digital photograph processing
  • Film developing and printing (except motion picture)
  • Photofinishing laboratory operation
  • Photofinishing services
  • Photographic film processing (including slides, prints and enlargements)
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from photographic equipment retailing
  • Real household discretionary income
  • Domestic tourist visitor nights
  • Number of marriages

  • Current Performance
  • Structural change
  • Response to the digital revolution
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit and structure
  • Performance and growth opportunities
  • Table: Photographic Film Processing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Photographic Film Processing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Department Stores
  • Photographic Equipment Retailing
  • Professional Photographic Services

  • Key Selling Industries
  • Industrial and Agricultural Chemical Product Wholesaling
  • Photographic and Optical Goods Manufacturing

  • Products & Services
  • Digital image processing (standard prints)
  • Digital image processing (other prints)
  • High-end photofinishing services
  • Analog film development and processing
  • Chart: Photographic Film Processing Industry Products and Services Segmentation

  • Demand Determinants
  • Commercial/professional photography
  • Wedding photography
  • Households

  • Major Markets
  • Households
  • Commercial clients
  • Professional photographers
  • Chart: Major Market Segmentation for the Photographic Film Processing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Photographic Film Processing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Photographic Film Processing Industry

  • Industry Globalization
    Eastmon Business Holdings Pty Limited, Wesfarmers Limited,
  • Table: Eastmon Business Holdings Pty Limited - financial performance
  • Table: Wesfarmers Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Photographic Film Processing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Photographic Film Processing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Analog Film Development
  • Analog photography film is chemical or electronic film for capturing or developing images and movies.
  • Development
  • The process by which a negative from an analog camera is turned into a traditional print via darkrooms and specialised chemicals.
  • Minilab
  • A relatively small, fast machine that can process and print photographic film at a retail site.
  • Slr And Dslr
  • (Digital) single-lens reflex. A type of camera that uses a semi-automatic moving mirror system to allow the photographer to see exactly what will be captured by the film or digital imaging system.
  • What Our Customers Say

    Why buy this report?

    The Photographic Film Processing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Photographic Film Processing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Photographic Film Processing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Photographic Film Processing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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