There are two broad segments in this industry: photographic goods and ophthalmic goods. These two segments have exhibited different trends over the past five years. The photographic product segment contracted due to the shift away from traditional film cameras towards digital cameras. Local manufacturers do not produce digital cameras, but specialise in producing film and paper products. The collapse of film photography has caused sales of locally produced film and paper to plummet, causing a large contraction of the industry.
Companies in this industry manufacture photographic equipment or supplies (including sensitised photographic paper or chemicals) and optical instruments or equipment. The industry also includes optical lens grinders and manufacturers of ophthalmic goods including contact lenses, sunglasses, and spectacle or 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.