The industry offers professional photography services to private and business consumers. The largest segment is wedding photography, followed by advertising and fashion photography and commercial and industrial photography. The industry is highly fragmented and is characterised by a large number of small enterprises and non-employers. Industry revenue is estimated to decline at a compound annual rate of 0.1% during the five years through 2015-16, to £1.4 billion.
The industry endured sluggish conditions during the past five years. The marriage rate in the United Kingdom remained at historically low levels and hampered demand for industry services.
The industry includes professional photographers and photographic processing services. Services provided by industry operators include portrait and aerial photography, specialist photography, photojournalism and the videotaping of special events. The industry excludes the processing of motion pictures for the TV industries.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.