USA, Nov. 18, 2022 (GLOBE NEWSWIRE) — The size of the disposable camera market was about worth $838.57 million in 2021 and is expected to grow to around $1234.4 million until 2030 with a compound annual growth rate (CAGR) of approx 6.7% between 2022 and 2030.
The disposable camera is a type of camera that, as the name suggests, can only be used once. After the film is used up, the entire camera is discarded. Disposable cameras were first introduced in the late 1980s and rose in popularity in the 1990s. Nowadays, due to the advent of digital cameras, they are not as popular as they used to be. However, they are still widely used by people who want to capture memories without spending a lot of money on a digital camera.
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Disposable cameras come in a variety of sizes, shapes, and colors so you can find one that suits your style. They’re also very affordable so you don’t have to break the bank to get one.
Most single-use cameras come with a built-in flash, allowing you to shoot in low-light conditions. They also have a wide-angle lens, so you can fit more people or objects in the frame.
Disposable cameras are very easy to use. Just aim and shoot! You don’t have to worry about focus, aperture or shutter speed. Simply point the camera at your subject and press the shutter button.
Once you have taken all the pictures you want, you can take the camera to any photo development center and they will process your photos for you. You will get your prints back in a few days and you can relive all your special moments.
The global disposable camera market is driven by growing consumer demand for photography. The disposable camera is an inexpensive way to take pictures and capture memories. In addition, the growing trend of destination weddings is also driving the demand for disposable cameras as they are easy to carry and can be used by anyone.
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The major players in the global disposable cameras market are:
Fujifilm Holdings Corporation (Japan)
The Eastman Kodak Company (United States)
Rollei GmbH & Co. KG (Germany)
AgfaPhoto GmbH (Germany)
Vastfame Camera Ltd (Hong Kong)
Harbin Boshi Automation Co.Ltd. (China)
Hong Kong Uranus Investment Co Ltd (Hong Kong)
Shenzhen Yibo Electronics Co.Ltd. (China)
Winpromote Industrial (Hong Kong)
Global Disposable Cameras Market Segments:
Black and white disposable camera
Disposable color camera
By distribution channel
semiconductor components [photodiodes, microprocessor chips, color filters, and others]
40MP or higher
North America is projected to lead the global disposable camera market over the next few years, with the majority of the regional market share being held by the United States. One of the key factors contributing to the sales of the region is the presence of important market players that manufacture disposable cameras in bulk and export them to tourist destinations. Asia Pacific is expected to register higher CAGR due to constant product innovation and high product adoption rate driven by growing consumer base in Japan, China and South Korea. Europe is seeing high revenues driven by increased tourism in the EU region where tourists are the main consumers of the product.
Market size in 2021 : $838.57 million
Predicted market size in 2030 : $1234.4 million
CAGR growth rate : 6.8% CAGR
base year : 2021
Expected years : 2022-2030
Major regions covered : North America, Europe, Asia Pacific, Latin America and the Middle East and Africa
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