The industry's two distinct segments, photographic related goods and ophthalmic goods, have faced difficult operating conditions over the past five years, mainly related to competing imports. The photographic product segment contracted due to the shift away from traditional film cameras towards the import of digital cameras. Local manufacturers do not produce digital cameras, instead specialising in producing film and paper products. Within this segment, companies manufacture commercial cameras, microscopes and related products, with a high proportion of these exported each year.
Companies in the industry manufacture photographic equipment (except sensitised photographic film, paper, plates or chemicals) and optical instruments or equipment. The industry also includes optical lens grinders and manufacturers of ophthalmic goods including contact lenses, sunglasses, spectacle frames, and sunglass frames.
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.