Camera bag market is estimated to exceed the value of US$ 3.3 Bn by 2030 | TMR

  • According to Transparency Market Research’s latest research report on the global camera bag market for the historical period 2018–2019 and the forecast period 2020–2030, camera bags are becoming popular due to increasing production of cameras, filters, and their accessories, along with the rising number of photographers. These factors are expected to boost the global camera bag market during the forecast period.
  • Increasing purchasing power is influencing end users to opt for consumer electronic products such as cameras and their overall accessories. This is likely to drive the camera bag market. In addition, camera bags help photographers in the safe handling of cameras, and protects the camera from poor weather, accidents, and theft.
  • In terms of revenue, the global camera bag market is estimated to exceed the value of US$ 3.3 Bn by 2030, expanding at a CAGR of ~3% during the forecast period

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Increasing Number of Camera Users: A Key Driver

  • Continuous increase in the number of camera users across the globe has created immense opportunities for manufacturers and distributors of camera bags. Moreover, factors, such as rising demand for comfortable camera bags from users, along with rising trend of using camera safety products have significantly driven the demand for camera bags globally. Different international brands are associating with professional photographers by offering them several accessories, which is likely to promote the sale of camera bags.
  • Users perceive cameras as an essential gadget, as it helps in gathering memories through photography. Several eCommerce channels are offering users advanced products with high discount, along with attractive offers, which may encourage them to opt for camera bags. Major brands are likely to focus on innovation of new camera bag design and research & development to strengthen their foothold in the global camera bag market.
  • Considering all these factors, the impact of this driver is moderate currently, and the impact is expected to become high due to the likelihood of increasing innovation in camera bags during the forecast period from 2020-2030

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Camera Bag Market: Market Trends

  • Rapid expansion of the camera industry coupled with high demand for camera accessories is likely to drive the global camera bag market during the forecast period
  • Rising popularity of several eCommerce channels, along with the growing popularity of fashionable graphic printed camera bags leads to the growth of the camera bag market across the globe
  • In addition, rising interest in using cameras among users for photography and videography has led to the growth of the camera bag market. Increasing usage of lightweight camera bags is a recent trend, thus driving the market.

Camera Bag Market: Competition Landscape

  • Detailed profiles of providers of camera bags have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global camera bag market are
    • Artantik LTD
    • Benro USA
    • Crumpler Pty Ltd.
    • Gura Gear, LLC
    • Lap Shun Manufacturing Co Ltd.
    • M Billingham & Co Limited
    • The Tiffen Company, LLC
    • The Vitec Group plc
    • Case Logic Group

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