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Secondhand Camera Lens Market Size

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

Secondhand Camera Lens Market Size

The global secondhand camera lens market size was valued at USD 2.5 Bn in 2023 and is estimated to grow at a CAGR of over 5.8% from 2024 to 2032. Amateur photographers and students seek affordable equipment, driving interest in used lenses as an economical alternative to new gear.

 

In addition, the transition from DSLRs to mirrorless cameras has increased the supply of used DSLR lenses, expanding options for buyers. Online platforms like eBay, KEH, and MPB have simplified the buying and selling process, featuring improved search functions and user interfaces. On the other hand, consumers are increasingly seeking high-quality lenses at lower prices, making secondhand options more appealing.
 

Technological advancements in camera sensors enable older lenses to remain compatible with modern cameras, extending their lifespan and resale value. The shift towards mirrorless camera systems has also impacted the market, with many users transitioning from DSLR lenses to mirrorless options, creating a steady supply of used DSLR lenses.

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.

Secondhand Camera Lens Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 18
  • Pages: 220
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