Camera Stores in China - Market Research Report (2014-2029)
Beijing, China
Last Updated: May 2024
6548Revenue
$481.5m
Past 5-Year Growth
Profit
$X.Xm
Employees
5,539
Businesses
553
Wages
$XX.Xm
Camera Stores in China industry analysis
Revenue for the Camera Stores industry has been declining in the past few years. A large number of camera stores have gradually withdrawn from the market in China. Despite rising demand for digital single lens reflex (DSLR) cameras, industry revenue is anticipated to decline by 7.5% in 2024. Advances in smartphone camera technology has meant that consumers have increasingly replaced low-end pocket cameras with the cameras in their smartphones. Smartphone cameras can be used in most circumstances for basic photos, and smartphone manufacturers have continuously improved their integrated camera offerings. Industry revenue is expected to decline at an annualized 10.6% to $481.5 million over the five years through 2024, including a 7.5% decline in 2024.
Trends and Insights
- Smartphone has negatively affected industry demand. Consumers have increasingly replaced cameras with their smartphone cameras, limiting industry demand. Cell phone cameras can be used for basic photos, and smartphone manufacturers have consistently improved the camera technology in their products.
- Brand influence is one of the biggest competitive advantages of this industry. People prefer to buy Canon, Sony and other well-known brands.
- The southeast coastal area is the key area. This area is conducive to the import and export of products, the introduction of technology and convenient transportation.
- Brand awareness affects people's purchase choices. People prefer to buy cameras and accessories with high brand awareness, such as Canon and Sony.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 10.3 % over the past five years, to reach an estimated $481.5m in 2024.
Trends and Insights
Smartphone camera has negatively affected industry demand
- Consumers have increasingly replaced low-end pocket cameras with their smartphone cameras, which has negatively affected industry demand. Cell phone cameras can be used in most circumstances for basic photos, and smartphone manufacturers have consistently improved the camera technology in their products.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Mobile camera is a strong competitor
- Consumers are anticipated to continue substituting industry products with their smartphones, as 4G mobile networks in China continue to develop rapidly and the 5G network becomes available.
Biggest companies in the Camera Stores in China
| Company | Market Share (%)
2024 | Revenue ($short_0)
2024 |
|---|
There are no companies that hold a large enough market share in the Camera Stores in China industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Cameras, Standard photographic accessories and Professional photographic accessories. Cameras is the largest segment of the Camera Stores in China.
Trends and Insights
Cameras are the largest segment
- Regular cameras are the largest product segment market in the industry, with cameras expected to account for 72.6% of industry revenue in 2024, ranking first.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Department Stores & Shopping Malls in China
- Home Appliance Stores in China
- Online Shopping in China
Complementors
- Communication Equipment Stores in China
- Camera Equipment Manufacturing in China
International industries
- Camera Stores in the US
- Consumer Electronics Stores in Canada
- Photographic Equipment Retailing in Australia
- Domestic Appliance Retailing in New Zealand
- Audio & Video Equipment Retailers in the UK
Table of Contents
About this industry
Industry definition
Operators in the Camera Stores industry in China retail traditional and digital cameras, and photographic equipment and supplies, such as external lighting equipment, film, tripods and memory cards. Operators often provide after-sales services for low-level technical problems. The industry excludes video camera retailing.
What's included in this industry?
CamerasStandard photographic accessoriesProfessional photographic accessoriesCompanies
Purchase this report to view all major companies in this industry.
Related Terms
DIGITAL SINGLE LENS REFLEX (DSLR)TRIPODEXTERNAL STORAGE DEVICEPerformance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Smartphone has negatively affected industry demand. Consumers have increasingly replaced cameras with their smartphone cameras, limiting industry demand. Cell phone cameras c...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Brand influence is one of the biggest competitive advantages of this industry. People prefer to buy Canon, Sony and other well-known brands.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The southeast coastal area is the key area. This area is conducive to the import and export of products, the introduction of technology and convenient transportation.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Brand awareness affects people's purchase choices. People prefer to buy cameras and accessories with high brand awareness, such as Canon and Sony.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Large stores have a strong online presence. Online platform shopping is convenient and preferential. People can compare online and choose products that meet their needs.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Law on the Protection of Consumer Rights and Interests provides protection for consumers. The law stipulates that consumers have the right to purchase products and enjoy ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Technology research and development costs and product design costs are high. This is determined by the characteristics of camera products.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Camera Stores industry in China in 2024?
The market size of the Camera Stores industry in China is $481.5m in 2024.
How many businesses are there in the Camera Stores in China industry in 2024?
There are 553 businesses in the Camera Stores industry in China, which has declined at a CAGR of 9.7 % between 2019 and 2024.
Has the Camera Stores industry in China grown or declined over the past 5 years?
The market size of the Camera Stores industry in China has been declining at a CAGR of 10.3 % between 2019 and 2024.
What is the forecast growth of the Camera Stores industry in China over the next 5 years?
Over the next five years, the Camera Stores industry in China is expected to decline.
What does the Camera Stores in China include?
Cameras and Standard photographic accessories are part of the Camera Stores industry.
How competitive is the Camera Stores industry in China?
The level of competition is high and increasing in the Camera Stores industry in China.
