Demand for imaging devices in the UK is expected to further decline over the forecast period, with digital camcorders continuing to record the weaker performance compared to digital cameras (a -7% retail volume CAGR compared to a -5% retail volume CAGR, respectively). Local consumers are expected to continue to lose interest in imaging devices over the forecast period, as many will opt for competing products for their photography and video needs, such as smartphones, as well as instant cameras to a lesser extent.
Despite predictions for another drop in demand for imaging devices over the forecast period, retail volume sales of digital cameras are expected to remain dominant overall. Consumers who choose digital cameras are expected to be hobbyists and enthusiasts, who are established loyal product users looking for a more high-end digital photo experience than a smartphone is capable of offering.
Since the pandemic, e-commerce has become the dominant distribution channel for imaging devices in the UK, and is expected to retain its lead over the forecast period. Home seclusion during the pandemic meant many consumers moved online to purchase their imaging devices as it meant they could avoid contact with others, resulting in retail volume share gain of 30 percentage points in 2020 compared to the previous year.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Imaging Devices
This report originates from Passport, our Imaging Devices research and analysis database.
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