$8.7bn
$XXX.Xm
7,635
410
$XXX.Xm
The industry, which distributes photographic equipment and supplies, has contracted due primarily to the rising market penetration of smartphones with high-quality cameras. Consumers are more readily choosing smartphones for their photography needs and forgoing the additional cost of digital or analog cameras, especially as smartphones become more technologically advanced, with camera qualities now rivaling those of standalone digital cameras. In fact, most smartphones now come with better camera quality and editing software built in. Reduced demand for analog cameras and camera accessories, such as film developing supplies, has driven digital cameras to account for an increasingly significant portion of industry revenue. Technological advances have collectively detracted from sales and rendered analog products nearly obsolete. While demand for conventional photographic film has declined, it has risen for instant film and other specialty film products, partly supporting the industry. Overall, industry revenue is expected to wane at a CAGR of 5.6% to $8.7 billion through 2024, including a slump of 1.4% in 2024 alone, when profit will slide to 3.5%.
Industry revenue has declined at a CAGR of 5.6 % over the past five years, to reach an estimated $8.7bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Td Synnex Corporation | 643.7 | 29.0 | 4.5 | |
Fujifilm Holdings Corp | 613.8 | 0.0 | 0.0 | |
Canon Inc. | 507.1 | 56.1 | 11.1 |
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Industry revenue is measured across several distinct product and services lines, including Still picture photographic equipment for households, Motion picture photographic equipment and Photographic film. Still picture photographic equipment for households is the largest segment of the Camera & Film Wholesaling in the US.
Still picture photographic equipment has declined significantly
Industry operators wholesale photographic equipment and supplies, including digital cameras, photofinishing equipment, photographic film, TV cameras and projection equipment. This industry does not wholesale office supplies, photocopying equipment, microfilm equipment or household video cameras.
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NAICS 42341 - Camera & Film Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Camera wholesalers are facing challenges due to declining demand for traditional film products. The shift towards digital photography and the impact of smartphones on the mar...
Learn about an industry's products and services, markets and trends in international trade.
The industry offers a diverse range of products and supplies to cater to the needs of photographers and enthusiasts. Digital cameras are among the most popular products, with...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The West, particularly California, has a strong demand for motion picture cameras and photography equipment due to its thriving film and TV production industry. Major studios...
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.
Declining demand and profitability have spurred industry players to consolidate and pool resources for a larger client base. Larger and vertically integrated companies have a...
Learn about the performance of the top companies in the industry.
Since the pandemic dropped sales of standalone digital cameras, especially those at the low end of the market, to nearly zero, Canon is moving forward with the closure of a ma...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
No industry-specific regulations directly and solely impact camera and film wholesalers. The overall level of regulation within the industry is low.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Costly purchases challenge wholesalers due to the ever-increasing prices of new camera models and equipment, exacerbated by supply chain disruptions like those caused by the C...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Camera & Film Wholesaling in the US industry in United States is $8.7bn in 2024.
There are 410 businesses in the Camera & Film Wholesaling in the US industry in United States, which has declined at a CAGR of 4.0 % between 2019 and 2024.
The market size of the Camera & Film Wholesaling in the US industry in United States has been declining at a CAGR of 5.6 % between 2019 and 2024.
Over the next five years, the Camera & Film Wholesaling in the US industry in United States is expected to decline.
The biggest companies operating in the Camera & Film Wholesaling market in United States are Td Synnex Corporation, Fujifilm Holdings Corp and Canon Inc.
Still picture photographic equipment for households and Motion picture photographic equipment are part of the Camera & Film Wholesaling in the US industry.
The company holding the most market share in United States is Td Synnex Corporation.
The level of competition is high and steady in the Camera & Film Wholesaling in the US industry in United States.