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Secondhand Camera Lens Market Share

Report ID: GMI12066
Published Date: Oct 2024
Report Format: PDF

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Secondhand Camera Lens Market Share

In 2023, key companies like B&H Photo, MPB, KEH, Canon and Adorama held a combined market share of 5%-7%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Resellers that consistently deliver high-quality products and reliable performance often secure a competitive advantage. Upholding stringent testing and refurbishment standards is crucial for earning customer trust. Introducing warranties or return policies can distinguish resellers in the market. By offering customer support and repair services, resellers bolster buyer confidence, rendering them more appealing.

Secondhand Camera Lens Market Companies

Major players operating in the secondhand camera lens industry are:

Adorama
B&H Photo
Campkins Cameras
Canon
eBay
FUJIFILM Corporation
Harrison Cameras
KEH
Kerrisdale Cameras
MPB
National Camera Exchange
Nikon
SIGMA Corporation of America
The Camera Company
Tokina Lens

Authors: Ankit Gupta, Sunita Singh

Frequently Asked Questions (FAQ) :

The global secondhand camera lens industry was valued at USD 2.5 billion in 2023 and is estimated to grow at a 5.8% CAGR from 2024 to 2032, driven by the demand for affordable equipment among amateur photographers and students.

The telephoto secondhand camera lens segment recorded USD 0.7 billion in 2023 and is expected to grow at a 6.1% CAGR from 2024 to 2032 due to their ability to bring distant subjects closer, appealing to photographers.

U.S. holds around 82% of the North American secondhand camera lens industry, driven by affordability, a growing interest in photography, advancements in online marketplaces, and the enduring value of lens investments.

Key players in the industry include Adorama, B&H Photo, Campkins Cameras, Canon, eBay, FUJIFILM Corporation, Harrison Cameras, KEH, Kerrisdale Cameras, MPB, National Camera Exchange, and Nikon.