USA, Nov. 18, 2022 (GLOBE NEWSWIRE) -- A Disposable Camera market size was worth around USD 838.57 million in 2021 and is predicted to grow to around USD 1234.4 million by 2030 with a compound annual growth rate (CAGR) of roughly 6.7% between 2022 and 2030.
The disposable camera is a type of camera which can be used only once as the name suggests. After the film is used up, the entire camera is disposed of. Disposable cameras were first introduced in the late 1980s and became very popular in the 1990s. Nowadays, they are not as popular as they used to be due to the advent of digital cameras. 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 fits your style. They’re also very affordable, so you don’t have to break the bank to get one.
Most disposable cameras come with a built-in flash, so you can take pictures in low-light situations. They also have a wide-angle lens, so you can fit more people or objects into the frame.
Disposable cameras are very easy to use. Just point and shoot! There’s no need to worry about focus, aperture, or shutter speed. Just point the camera at your subject and press the shutter button.
Once you’ve taken all the pictures you want, you can drop the camera off at any photo development center and they’ll process your photos for you. You’ll get your prints back in a few days and be able to relive all your special moments.
The global disposable camera market is driven by the growing demand for photography among consumers. The disposable camera is a cost-effective way to take pictures and capture memories. Moreover, 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 everyone.
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The major players in the global disposable camera market are:
Fujifilm Holdings Corporation (Japan)
The Eastman Kodak Company (United States)
Rollei GmbH And Co. KG (Germany)
Ilford (United Kingdom)
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 Camera Market Segments:
By Type
Black and White Disposable Camera
Color Disposable Camera
By Application
Professional
Amateur
By Distribution Channel
Online
Offline
By Component
Lens
Batteries
Semiconductor Components [photodiodes, microprocessor chips, color filters, and others]
By Resolution
0-20 MP
20-40 MP
40 MP or above
North America is projected to lead the global disposable camera market in the next few years, with the majority of the regional market share being owned by the United States. One of the key factors contributing to the region's revenue is the presence of major market players that manufacture large volumes of disposable cameras and export them to tourist destinations. Asia-Pacific is expected to experience a higher CAGR due to constant product innovation and high product adoption rate driven by growing consumer in Japan, China, and South Korea. Europe sees high revenues driven by increased tourism in the EU region, where tourists are the main consumers of the product.
Report Scope
Market Size in 2021 : USD 838.57 Million
Projected Market Size in 2030 : USD 1234.4 Million
CAGR Growth Rate : 6.8% CAGR
Base Year : 2021
Forecast Years : 2022-2030
Major Regions Covered : North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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