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Camera Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Camera Stores Market Research Report | NAICS 44313 | Apr 2014

Out of focus: New technologies and competition from large-scale retailers will restrict growth

IBISWorld’s Camera Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
-2.1%
Annual Growth 14-19
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Profit
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Employment
9,802
Businesses
2,002
Industry Analysis & Industry Trends

The Camera Stores industry's performance over five years to 2014 has been far from picture perfect. As the economic downturn reduced consumer spending on industry products such as cameras, revenue plummeted. While consumer spending has since recovered, camera sales have failed to return to prerecession levels, due to the increasing number of individuals that use the cameras on their smartphones. The industry is projected to contract further in the five years to 2019, as product substitution and external competition cut into industry revenue. This is because as camera phone technology advances and smartphones become more ubiquitous, consumers will be less inclined to purchase a separate camera... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Camera Stores Industry is currently in the decline life cycle stage. Over the 10 years to 2019 the industry's value added (IVA), which measures the industry's contribution to the economy, is expected to grow a mere 0.1% per year on average during this time. In contrast, GDP is expected to grow at an annualized rate of 2.7% during this time. Furthermore, industry IVA has almost consistently declined and its slight growth is merely due to a recoup in wages following the recession. While products sold in this industry experience a relatively rapid level of technological change, their functions have remained largely the same for decades. Characteristics that firmly establish this industry in the decline life stage include company contraction and falling per capita consumption... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Camera Stores Industry?

This industry comprises brick-and-mortar camera stores that sell photographic equipment and supplies such as cameras, lighting equipment, film, tripods and other accessories. E-commerce, consumer electronic store and catalog sales are not included in this industry.

Industry Products
CamerasPhotographic equipment and suppliesComputer hardware, software and suppliesAudio equipmentOther merchandiseVideo cameras and gaming consolesRepairs
 
Industry Activities
Camera equipment retailingPhotographic supplies retailingLighting equipment retailing Tripod equipment retailing


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