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Photographic Activities in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Photographic Activities Market Research Report | SIC M74.200 | Mar 2017

Developing: The industry's expanding range of services could alleviate poor demand conditions

The Photographic Activities market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
-0.2%
Annual Growth 17-22
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Profit
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Employment
18,993
Businesses
8,047
Industry Analysis & Industry Trends

The industry offers professional photography services, including video recording, to private and business consumers, and is comprised of many small enterprises. Despite industry revenue falling at the start of the five years through 2016-17, industry revenue increased over the five-year period. Rebounding economic conditions improved business confidence and real incomes. These improving conditions and increasing advertising activity boosted industry demand. However, the marriage rate in the United Kingdom remained at historically low levels, which constrained demand. Furthermore, technological developments and the rapidly declining cost of photography equipment enabled consumers to take their own high-quality photographs... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the decline stage of its life cycle, primarily due to the technological changes that have taken place since the early 2000s. Industry value added, which measures the industry’s contribution to the economy, is expected to rise at a compound annual rate of 0.2% over the 10 years through 2021-22. Meanwhile, the UK economy is forecast to grow at a compound annual rate of 2.3% over the same period. This indicates that the industry will account for declining share of the overall economy, and confirms that the industry is declining.

Technological developments have made it easier for people to take high quality photographs on their own. It has also caused a surge in amateur and hobby photographers. The.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Photographic Activities Industry?

The industry includes professional photographers and photographic processing services. Services provided by industry operators include portrait and aerial photography, specialist photography, photojournalism and the video recording of special events. The industry excludes the processing of motion pictures for the TV industries.

Industry Products
Commercial and industrial photographyAdvertising and fashion photographyPortraitureWedding photographyPhotographic processing servicesSchool and graduation photography
 
Industry Activities
Portrait photographyAerial photographyPhotomicrographyCommercial photographyVideo recording of eventsPhotojournalismFilm processing


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