Industry Analysis & Industry Trends
Though the industry stagnated during the recession, the anticipated economic recovery will give it a boost, as demand for cameras, camera equipment and photography services recover. Demand will increase from the retail sector as consumers resume their discretionary spending. Professional photographers will also boost demand, as the market for wedding, school and family portraits improves. Digital cameras will remain the industry's main revenue driver, supported by the growing popularity of websites like Facebook that encourage digital picture uploads and sharing... purchase to read more
Industry Report - Starting a New Business Chapter
There are no licensing requirements, governmental regulations or resource constraints that are significant enough to prevent firms from entering the Camera and Film Wholesaling industry. The digitalization of photography in recent years has attracted firms from other industries. Such firms are already manufacturing and wholesaling products that use digital technology, such as video cameras and DVD players.
However, the fact that many wholesalers are manufacturers should deter some new firms from entering the industry. This is due to the requirements for large investments in production facilities, distribution networks and research and development (R&D). This is a high-technology industry that often incorporates patented intellectual property... purchase to read more