Camera & Film Wholesaling in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: May 2024
NAICS 42341Revenue
$8.7bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
7,635
Businesses
410
Wages
$XXX.Xm
Camera & Film Wholesaling in the US industry analysis
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%.
Trends and Insights
- 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 market are forcing wholesalers to adapt their inventory to stay relevant.
- 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 manufacturers offering various models with varying features and capabilities.
- 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 like Warner Bros. and Paramount Pictures rely heavily on camera and film wholesalers for their equipment needs, driving the demand in the region.
- 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 competitive edge with streamlined processes and access to economies of scale.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 5.6 % over the past five years, to reach an estimated $8.7bn in 2024.
Trends and Insights
Camera wholesaling exhibits a downward trend
- While there has been a resurgence of interest in analog photography among enthusiasts, the overall demand for film-based cameras and accessories has declined for years. Wholesalers specializing in film photography may have experienced reduced demand for their products.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Shifts in technology intensify competition
- As the outlook period begins, camera and film wholesalers will still have to deal with saturation in the digital camera market despite slight recoveries in demand. Smartphone penetration will continue to be a thorn in the industry's side as consumers increasingly use their smartphones in place of separate camera products.
Biggest companies in the Camera & Film Wholesaling in the US
| Company | Market Share (%)
2024 | Revenue ($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 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
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.
Trends and Insights
Still picture photographic equipment has declined significantly
- Equipment for business photography, such as digital and analog cameras, lenses, tripods, and aerial drones, is included in this product category.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Photographic & Photocopying Equipment Manufacturing in the US
- Wireless Telecommunications Carriers in the US
Complementors
- Copier & Office Equipment Wholesaling in the US
- TV & Appliance Wholesaling in the US
- Camera Stores in the US
- Photofinishing in the US
International industries
- Consumer Electronics Stores in Canada
- Telecommunications and Other Electrical Goods Wholesaling in Australia
- Telecommunications Goods Wholesaling in New Zealand
Table of Contents
About this industry
Industry definition
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.
What's included in this industry?
Still picture photographic equipment for householdsMotion picture photographic equipmentPhotographic filmStill picture photographic equipment for commercial useDeveloping suppliesOther photographic equipment and suppliesCompanies
Td Synnex CorporationFujifilm Holdings CorpCanon Inc.Purchase this report to view all 3 major companies in this industry.
Related Terms
MEGAPIXELANALOGSINGLE LENS REFLEX (SLR)DIGITAL SINGLE LENS REFLEX (DSLR)Industry Code
NAICS 42341 - Camera & Film Wholesaling in the US
Performance
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
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...
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
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...
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 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...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, 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
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...
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
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...
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
- Overview of Td Synnex Corporation's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Fujifilm Holdings Corp's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Canon Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Td Synnex Corporation, and factors influencing its performance in the industry
- Description and key data for Fujifilm Holdings Corp, and factors influencing its performance in the industry
- Description and key data for Canon Inc., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
No industry-specific regulations directly and solely impact camera and film wholesalers. The overall level of regulation within the industry is low.
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
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...
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
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- 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 the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
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 & Film Wholesaling in the US industry in United States in 2024?
The market size of the Camera & Film Wholesaling in the US industry in United States is $8.7bn in 2024.
How many businesses are there in the Camera & Film Wholesaling in the US industry 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.
Has the Camera & Film Wholesaling in the US industry in United States grown or declined over the past 5 years?
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.
What is the forecast growth of the Camera & Film Wholesaling in the US industry in United States over the next 5 years?
Over the next five years, the Camera & Film Wholesaling in the US industry in United States is expected to decline.
What are the biggest companies in the Camera & Film Wholesaling in the US market in United States?
The biggest companies operating in the Camera & Film Wholesaling market in United States are Td Synnex Corporation, Fujifilm Holdings Corp and Canon Inc.
What does the Camera & Film Wholesaling in the US in United States include?
Still picture photographic equipment for households and Motion picture photographic equipment are part of the Camera & Film Wholesaling in the US industry.
Which companies have the highest market share in the Camera & Film Wholesaling in the US in United States?
The company holding the most market share in United States is Td Synnex Corporation.
How competitive is the Camera & Film Wholesaling in the US industry in United States?
The level of competition is high and steady in the Camera & Film Wholesaling in the US industry in United States.
