Global Camera Straps Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2029

                                          
Global Camera Straps Market 2021: By Application (Personal, Commercial), By Distribution Channel (Offline, Online)

Global Camera Straps Market” is the title of an upcoming research report offering by Trusted Business Insights Key factors and vital data have been analyzed and studied comprehensively before being presented in this report. The revenue shares of each segment, country are included along with revenue-driving factors, restraints, as well as opportunities in untapped regions, are included.  Detailed information about key players is provided in the company profiles section, along with recent developments, strategies, and acquisitions & mergers. The global camera straps market is segmented by application, distribution channels, and regions/countries.

Overview

The Global Camera Straps market size was valued at USD $226.68 Million in 2020, USD $237 Million in 2021, forecasted to reach  USD $247.78 Million in 2022, and is projected to reach USD $381.27 Million by 2030, and is anticipated to expand at a CAGR of 4.55% over the forecast period from 2020 to 2030.

Camera straps are flat strips that are tied to a camera and placed around the neck of a photographer and enable an individual to engage in photography without the need for additional equipment such as a tripod stand. These straps are instrumental in keeping the camera in place while allowing it to hang conveniently and preventing it from accidental falls.

Dynamics

The popularity of photography and the increasing number of professional photographers coupled with companies introducing camera models loaded high-end technological features are some of the reasons fueling target market growth. Manufacturers are developing designer straps with additional comfort and resilience, and this is expected to increase overall revenues and widen the target consumer base.

Growing professional photography ventures pertaining to wildlife, occasion photography, and tourism, are among other major factors contributing to market growth. Developments in the global media & entertainment industry are leading an increase in video production, which, in turn, is projected to surge the demand for camera straps among photographers and videographers alike.

The increasing use of advanced cameras with high 4K,6K and 8K resolutions predominantly for movie and digital content production are among some other factors that are driving demand for durable camera straps. In addition, the growing popularity of wedding photography and emerging wedding photographers in countries such as the US, India and the UK are projected to increase usage of camera accessories, especially camera straps, thereby leading to market growth.

Segment Analysis:

By Application: The commercial application segment is projected to account for the highest revenue share. Professional photographers are predominant end-users of camera straps to ensure camera protection against accidental damage.

In terms of Distribution Channels:  The offline distribution channel segment is projected to account for the majority revenue share due to the increasing number of purchases made through brick & mortar stores in recent years. Offline stores such as supermarkets and specialty stores have large shelf spaces and a wider range of products. This allows consumers the option to make comparisons between different brands before making a final purchase. In addition, companies are providing discounts and promotional offers to attract more consumers. Factors such as these are expected to drive segment growth.

Global Camera Straps Market Regional Analysis:

The market in Europe is projected to continue its dominance in the global camera straps market over the next ten years. Countries such as the UK, Germany, Russia, and France are major revenue contributors to the regional market. European filmmakers have a preference for premium quality camera accessories and this is fueling demand for high-quality camera straps in the region.

The Asia Pacific market is projected to register high Compounded Annual Growth Rate (CAGR) throughout the forecast period. Rising disposable income levels among individuals in developing economies are leading to a surge in the demand for premium quality products. This is expected to nurture positive target market growth as photographers from countries such as India, China and Bangladesh in investing in luxury camera accessories. Furthermore, the booming entertainment and media industry in countries such as  India, Japan, China and South Korea is another major factor that is expected to increase the utilization of these products.

Below are the active patents related to Camera Straps Market.

Patent Number: US20150113772A1

Camera strap attachment mechanism and methods of use

Abstract

A male/female connection system is disclosed. The system is specifically designed as a novel way of attaching straps to cameras. The device includes a male attachment anchor with an overmolded loop, as well as a female housing inclusive of a spring to lock the male and the female together. The anchor connects to a camera at the neck strap loops using a cow hitch knot. The anchor connects to the housing by entering an open end, and being pulled through to an end where it is strapped. A strap connects to the housing by way of a loop being sewn around it

Type: Grant

Filed: 2013-10-25

Date of Patent: 2015-04-30

Assignee : Peak Design

Patent Number: US20130306689A1

Head Mount Apparatus For Hands-Free Video Recording With An Electronic Device

Abstract

A head mount device is worn by a person to retain an electronic device in a desirable position for hand-free use as a video recorder. A head strap assembly with tri-glide adjustment mechanisms extends from the sides and top of the main body mounting plate, allowing the device to fit most head sizes. The mounting plate is preferably an injection-molded part for holding the electronic device in a horizontal position with an elastic retention strap securing mechanism between the mounting plate and the electronic device. An elastic strap extends from an upending portion of the mounting plate, wraps around the electronic device, extends through a slot in the mounting plate, and fastens back upon itself via hook and loop fasteners to capture the device in landscape orientation. The design of the mounting plate and preferred length of the retention strap fit most modern smartphone designs by simply tightening the retention strap around the smartphone.

Type: Grant

Filed: 2013-05-15

Date of Patent: 2013-11-21

Inventor: August A. JOHNSON

Patent Number: US9020335B2

Camera hold fast accessory clip

Abstract

An accessory clip is shown which can be used to provide an attachment point for an associated strap for carrying an object by the strap. The accessory clip has a base with an inner planar surface and an outer planar surface separated by a thickness which forms a sidewall for the clip. A bail element is attached to the sidewall and can move relative to the clip base. A carrying strap can be attached to the bail element. The accessory clip has a threaded shaft which extends outwardly from the base inner planar surface. The threaded shaft has a thru bore provided therein which transverses the threaded shaft at a generally right angle thereto, the thru bore being filled with a resilient plastic material which protrudes slightly at either of two opposite ends of the thru bore. The resilient plastic material helps to secure the threaded shaft within a mating threaded receptacle of an object to be carried.

Type: Grant

Filed: 2013-07-15

Date of Patent: 2015-04-28

Inventor: Matthew Swaggart

Below are the leading companies profiled in this Camera Straps Market Report:

  
Altura Photo
  
BESTTRENDY
  
Black Rapid and SAMSUNG.
  
Black Rapid.
  
BLACKRAPID
  
Clos General Leather Co.
  
Eggs now
  
Fujifilm Holdings Corporation
  
Gordys camera straps
  
Meco
  
Movo Photo
  
OP/Tech USA
  
Samsung Group
  
Tethys
  
Vintage

Global Camera Straps Market Segmentation:

By Application

  
Personal
  
Commercial

By Distribution Channel

  
Offline
  
Online
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Camera Straps market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Camera Straps market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Camera Straps market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Camera Straps market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Camera Straps market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Camera Straps market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Camera Straps industry?