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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 - Starting a New Business Chapter

Barriers to entry into the Camera Stores industry are fairly low. As a result, the industry is characterized by a high number of small operators. Heightened competition from e-commerce and consumer electronics stores, however, has deterred potential entrants in the five years to 2014. The industry has a low level of regulation and the investment requirements for a new camera store are moderate.

Traditional photofinishing equipment can be a significant investment, costing between $50,000 and $250,000 for a small retail operation; however the cost of digital printing systems is lower, at about $10,000 depending on the equipment. These costs can be lower if buying second-hand equipment. Some new establishments also invest in a web site, which can cost about $2,500... 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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