Global Disposable Camera Market Share Is Expected To Grow At A CAGR Of 6.7% By 2028

27-Sep-2022 | Facts and Factors

According to Facts and Factors, the global disposable camera market size was worth around USD 837.45 million in 2021 and is predicted to grow to around USD 1232.1 million by 2028 with a compound annual growth rate (CAGR) of roughly 6.7% between 2022 and 2028.

Disposable cameras are photo-capturing devices to be used only once and come with a limited photo roll, unlike traditional cameras. Some cameras consist of cartridges just like their counterparts while others are built by installing film on an open spool. To process the image, the entire camera has to be provided to the service store. Companies have started reprocessing disposable cameras by refilling the film and selling it in the open market due to environmental concerns due to the increased wastage of resources that go into the production of the cameras. Kodak, an American multinational company dealing in analog photography was the pioneer in the global market and is popular amongst tourists or others in other situations where traditional cameras are difficult to access. In the current world, disposable cameras have also gained the status of ‘antiques’ and are sold at higher prices on e-commerce websites marketing them as ‘collector’s item’.

Browse the full “Disposable Camera Market Size, Share, Growth Analysis Report By Application (Amateur and Professional), By Type (Color and Black & White), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/disposable-camera-market

During the pandemic, the global market was severely hampered since the production of the devices was halted as a result of lowered demand from consumers. In a time when resources were limited, companies focused on directing them to more useful products that could contribute to the economy with larger revenue.

The global disposable camera market is projected to grow owing to the increasing understanding of the market players about the importance of product innovations for disposable cameras. Earlier, the photo-capturing device was used as a product for entertainment and its fun value. However, with the growing number of products and players, international and domestic organizations dealing with the environmental impact of commercial products started raising concerns over the viability status of disposable cameras as they lead to a higher carbon footprint as well as plastic pollution. Claims related to the actual value contribution of the device were raised resulting in players investing in research & development to make the products more useful than capturing just one image. This included aspects like adding more than one film and producing more images, even though limited. Other factors like making the camera water-proof or adding flash to capture images with better quality will also drive market expansion to some extent. The new generation of disposable cameras consists of more advanced technologies and features which may attract camera enthusiasts but the market is expected to remain niche in the coming years unless the products are made for a larger audience that can run in competition with traditional cameras.

The limited scope of the product may restrict the global market expansion while a growing number of players is expected to provide growth opportunities. Although questionable film quality may challenge the global market expansion.

The global disposable camera market is segmented based on type, application, and region.

Based on type, the global market is divided into color and black & white. The global market generates the highest revenue from the color segment due to consumer preference. However, there is a growing trend of people preferring a retro look for the pictures which is a mixture of color and black & white, giving the photo the look of an old picture. The film in disposable cameras lasts for 2 to 3 years, however, if stored properly, they may be used for 5 to 6 years. For instance, a Fujifilm disposable camera generally comes with 27 exposures.

Based on application, the global market is segmented into amateur and professional, with the former leading the global market revenue. Disposable cameras are generally used by people who intend to not spend hefty amounts on traditional cameras, resulting in the product having a huge consumer database in the traveler's segment who generally use the product for recording memory. But given the limited scope as well as poor film quality, it is not recommended to be used for professional purposes. A digital single-lens reflex (DSLR) camera which is generally used by professionals costs over USD 500 while a disposable camera may be priced between USD 40 to USD 50.

North America is projected to lead the global disposable camera market in the coming years with the majority of regional market share to be owned by the United States. One of the key factors contributing to the regional revenue is the presence of key market players creating massive amounts of disposable cameras and exporting them to tourist places. Asia-Pacific is expected to register a high CAGR driven by the growth in consumers in Japan, China, and South Korea, owing to constant product innovation and the high acceptance rate of the product. Europe may witness high revenue propelled by the increasing tourism in EU regions, with tourists as the major consumers of the product. More than 288 million people traveled to Europe in 2021, as per Statista.

Report Scope

The global disposable camera market is dominated by players like Kodak, Fujifilm, Rollei, Ilford, AgfaPhoto, and Kodak.

Recent Developments:

• In December 2019, the global market witnessed the launch of Dispo, a disposable camera app with invite-only features. The product was created by a popular YouTube influencer David Dobrik.
• In May 2020, photographer Emma Watt from the UK used 16 disposable cameras to photograph public health crisis during the pandemic.

The global disposable camera market is segmented as follows:

By Application

• Amateur
• Professional

By Type

• Color
• Black & White

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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