Global Camera Straps Market – Industry Trends and Forecast to 2029

Camera Straps Market Analysis and Size

The market for camera straps and accessories continues to grow due to increased demand from travel, tourism, wildlife, and event photography professionals. Camera straps are used in the production of videos, documentaries, films, music, and various other forms of entertainment. Growth in the global entertainment and media industry is expected to play a critical role in increasing the use of these straps among photography and videography enthusiasts.

Data Bridge Market Research analyses that the camera straps market was valued at USD 315.78 million in 2021 and is expected to reach the value of USD 484.62 million by 2029, at a CAGR of 5.50% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Camera Straps Market Scope and Segmentation

Market Definition

Camera straps are flat strips tied to a camera and wrapped around a photographer's neck, allowing them to photograph without additional equipment such as a tripod stand. These straps help to keep the camera in place while allowing it to hang comfortably and preventing accidental falls.

Global Camera Straps Market Dynamics

Drivers

• The ongoing popularity of photography and videography trends

Some of the factors driving target market growth include the popularity of photography and the growing number of professional photographers, as well as companies introducing camera models with cutting-edge technological features. Designer straps with increased comfort and resilience are being developed by manufacturers, which is expected to increase overall revenues and broaden the target consumer base. Other major factors contributing to market growth include expanding professional photography ventures in wildlife, event photography, and tourism. Developments in the global media and entertainment industry are driving up video production, which is expected to drive up demand for camera straps among photographers and videographers alike.

• Introduction of advance media devices

Other factors driving demand for durable camera straps include the increasing use of advanced cameras with high 4K, 6K, and 8K resolutions, primarily for movie and digital content production. Furthermore, the growing popularity of wedding photography and emerging wedding photographers in countries such as the United States, India, and the United Kingdom are expected to increase usage of camera accessories, particularly camera straps, resulting in market growth.

Opportunities

• Development of customize and designer straps

Rapid urbanisation, an increase in people's disposable income, and the growing popularity of wedding photography all positively impact the camera straps market. Furthermore, the development of designer straps with increased comfort and resilience provides profitable opportunities to market participants from 2022 to 2029.

Restraints

• High cost of cameras

The high cost of advanced and professional cameras is expected to obstruct market growth and pose additional challenges to the camera straps market during the forecast period of 2022-2029.

This camera straps market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the camera straps market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Camera Straps Market

Although the COVID-19 pandemic has caused significant disruption in the industry, several opportunities are expected in the post-pandemic world. Reduced face-to-face interactions and the need for social distancing have increased consumer awareness of home automation technology. Furthermore, business leaders and industrialists are expected to invest in IoT-enabled infrastructure for their companies.

Global Camera Straps Market Scope

The camera straps market is segmented on the basis of type, end-use, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Nylon Material
• Polyester Material
• Fabric Material
• Cotton Material
• Other Material

Application

• Professional Photographers
• Shutterbugs

Distribution channel

• Online
• Offline

End Users

• Commercial
• Personal

Camera Straps Market Regional Analysis/Insights

The camera straps market is analyzed and market size insights and trends are provided by country, type, end-use, distribution channel, and application as referenced above.

The countries covered in the camera straps market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe was the largest market, accounting for more than 35.0% of total revenue. Germany, the United Kingdom, France, and Russia are the leading countries contributing to the European camera strap market growth. With the advancement of technology, European filmmakers have increased their spending on camera accessories. The rapid growth of the video streaming industry will result in widespread acceptance of camera straps.

Asia-Pacific is expected to be the fastest-growing market for camera straps. Because of rising disposable income in developing economies such as China, India, and Bangladesh, consumers are spending on convenient camera accessories. Furthermore, the expansion of the entertainment and media industries is expected to play an important role in promoting the use of straps in the future.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Camera Straps Market Share Analysis

The camera straps market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to camera straps market.

Some of the major players operating in the camera straps market are:

• SAMSUNG (South Korea)
• FUJIFILM Holdings Corporation (South Korea)
• Black Rapid Inc. (U.S.)
• gordy's camera straps. (U.S.)
• Tethys Technology (U.S.)
• ALTURAPHOTO. (U.S.)
• Clo's General Leather Co. (U.S.)
• OP/TECH USA. (U.S.)
• Couch Guitar Straps. (U.S.)
• ORIGINAL FUZZ (U.S.)
• Lanyard Company India. (India)
• DOMO Inc. (U.S.)
• Credenzy International (India)
• Fuzhou Bison Import and Export Co., Ltd. (China)
• THE BLACK CANVAS (U.S.)
• GGS DIGITAL TECHNOLOGY CO.LIMITED (China)
• Roberts Distributors, LP. (U.S.)
• Hawkesmill England (U.K.)

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