Camera Straps Market Size & Forecast Report, 2015 - 2025

Synopsis:

The scope of the global Camera Straps Market was priced at US$ 254.9 million during 2018. It is expected to develop by a CAGR of 3.7% during the period of forecast and is projected to touch US$ 329.8 million by the completion of 2025.

Drivers:

The increasing interest of millennials’ for photography such as the hobby and profession owing to the overview of cutting-edge cameras by the companies comprising Canon and NIKON is likely to go on an important feature for the development of the business. Furthermore, increasing attractiveness of printed straps having fashionable appearances is expected to fascinate the consumers to upsurge the expenses on these products such as the accessories, together with the camera.

The trade of DSLRs is declining but the market for the accessories and the camera straps yet shows the prospects because of the increasing requests from the experts connected with the photography of events, the vacation industry, the natural world, and tourism. Camera straps are utilized in the manufacture of music, videos, documentary films, and numerous additional entertaining stages. Development in the global industry of media and entertainment is estimated to perform a critical part in growing the usage of these straps between the photographers of the said business.

The speedy progression in the business of entertaining together with infiltration of the technologies of 4K, 6K, and 8K in the making of web series along with the cinemas is estimated to increase the demand for best cameras. These inclinations are estimated to perform a vital part in endorsing the use of camera straps for the protection from falling during the following a small number of years. Augmented expenditure on the photography of marriage ceremonies in the nations like India, the U.K., the U.S.A., and Ireland is estimated to motivate the demand for the accessories of cameras.

The marriage business in India was priced at US$ 50.0 billion in 2017. It is increasing by the yearly progress rate of 20%. This speed of the development of the business is too likely to perform such as an important opening for the camera straps during the neighboring years.

Furthermore, because of the ever-changing inclination in the direction of pre-wedding videography and photography, the field of wedding videography is likely to increase the range of applications for camera straps during the forthcoming years.

Classification:

The global camera straps industry can be classified by Sales Network, Application, Material, and Region. By Sales Network, it can be classified as Offline and Online. By Application, it can be classified as, Professional photographers and Personal. By Material, it can be classified as Cotton Material, Nylon Material, Fabric Material, Polyester Material, and others.

Regional Lookout:

By Region, the global camera straps market can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The Asia Pacific is projected to be the speedily developing market for camera straps. It is projected to develop by a CAGR of 5.1% from 2019 to 2025. In emerging economies comprising Bangladesh, India, and China, users are paying for suitable camera accessories owing to growing per head earnings between the people of the middle-class group. Furthermore, the development of the media and the industry of entertainment in the nations like India, South Korea, China, and Japan is likely to perform an important part in endorsing the use of straps during the nearby years.

In 2018, Europe was the biggest market, it was responsible for more than 35.0% share of the international income during that year. Russia, France, the U.K., and Germany are the most important nation-states, funding the development of the camera straps industry in Europe. By way of the developing technologies, the filmmakers of Europe have enlarged their financial plan for the accessories products of the camera. The speedy development of the industry of video streaming will render an optimistic reception of the camera straps through the region.

Companies:

Some of the important companies for the camera straps market are OP/TECH USA, Clo's General Leather Co., Alturas Photo, Gordy’s camera straps, Fujifilm Holdings Corporation, Movo Photo, BEST TRENDY, Tethys, Black Rapid, and SAMSUNG. Additional notable companies are Worth Trust, Meco, Eggs now, Vintage, and Black Rapid.

Market Segment:

Camera Straps Application Outlook (Revenue, USD Million, 2015 - 2025)
    • Personal
    • Commercial

Camera Straps Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
    • Online
    • Offline

Camera Straps Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • U.K.
        • Germany
    • the Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa
        • South Africa