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Photography in Canada - Industry Market Research Report

Publisher IBISWorld
Published Sep 23, 2024
Length 70 Pages
SKU # IBSS19343143

Description

Photography in Canada - Industry Market Research Report


Photography in Canada

Over the five years to 2023, the Photography industry in Canada has been reshaped by rapid advancements in digital photographic technology. The convenience of digital photography has led to a significant influx of independent photographers, who now constitute more than 80.0% of the industry. Meanwhile, the capacity to take high-quality photos with smartphones has diminished the demand for professional portrait services. Photographers catering mainly to businesses have outperformed the average due to increased advertising expenditure resulting in high demand for commercial photography over the past five years. Industry revenue is estimated to decline at a CAGR of 1.7% to $1.3 billion over the five years to 2023, despite an increase of 2.0% in 2023 alone.

The Photography industry in Canada offers professional photographic services such as portrait and commercial photography. This industry excludes graphic designers (IBISWorld report 54143CA), photography related to movie, TV and video production (51211CA) and photographs produced by freelance journalists for news media. This industry also excludes retail and online businesses that primarily print photographs from film or digital copies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."

Table of Contents

70 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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