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In 2023, key companies like B&H Photo, MPB, KEH, Canon and Adorama held a combined market share of 18%-20%. 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. A robust online presence, characterized by user-friendly websites and active social media engagement, enables resellers to connect with a wider audience. Strategic marketing initiatives can further differentiate them from their competitors.
Major players operating in the U.S. used camera lenses industry are:
The U.S. market for used camera lenses was valued at approximately USD 743.8 million in 2023 and is expected to reach around USD 1.2 billion by 2032, driven by a CAGR of over 5.6% from 2024 to 2032.
The U.S. used camera lenses industry from telephoto used camera lenses segment generated approximately USD 162.8 million in revenue in 2023 and is estimated to grow at a CAGR of around 6% from 2024 to 2032.
The U.S. used camera lenses market from c-mount used camera lenses segment held around 23% of the total market share in 2023 and is anticipated to grow at a CAGR of 6.1% during the forecast period.
Major players in the industry include Adorama, B&H Photo, Campkins Cameras, Canon, eBay, FUJIFILM Corporation, and Harrison Cameras.