Camera Straps Market To Reach $706.8 Million By 2030

Camera Straps Market Growth & Trends

The global camera straps market size is expected to reach USD 706.8 million in 2030 and is projected to grow at a CAGR of 12.7% from 2024 to 2030. Rising scope for photography in various sectors such as entertainment and media, tours and travel, wedding, and sports is expected to promote the scope for straps. Furthermore, growing demand for the premium camera at the global level as a result of new product launches by camera manufacturers including Canon and Nikon is expected to promote the utility of straps for providing fall protection over the next few years.

The commercial segment was the largest application segment with a revenue of USD 148.8 million in 2018. Professionals prefer to use high quality straps for comfortable photoshoots. Increased deployment of professional photographers for wedding, party, and birthday is expected to play a crucial role in promoting the use of camera straps. Additionally, increasing number of free-lance photographers at the global level is expected to expand the scope for various accessories including straps over the next few years.

Online channel is expected to be the fastest growing segment with a CAGR of 4.7% from 2019 to 2025. These channels are providing huge discounts, cash on delivery options, and doorstep delivery services. Amazon and Flipkart are some of the e-commerce portals that offer a wide range of products to the consumers. Moreover, some online retailers are providing membership plans for ensuring the long term engagement with the customers.

Asia Pacific is the fastest growing region, expanding at a CAGR of 5.1% from 2019 to 2025. Growing disposable income of the middle class population in India and China is expected to drive the consumers to spend on camera and accessories during tour and travels. Shifting trend towards pre-wedding and post-wedding photoshoots among millennials’ in countries including China and India is expected to expand the utility of camera straps over the next few years.

Some of the key players operating in camera straps market are SAMSUNG, Fujifilm Holdings Corporation, BlackRapid, gordy's camera straps, Tethys, Altura Photo, BESTTRENDY, Clo's General Leather Co., Movo Photo, and OP/TECH USA. Major companies are focusing on product innovation and development to cater to the dynamic requirements of the buyers. The industry participants are providing leather, nylon, and fabric straps, which are comfortable and provide strong grips to the consumers.

 Request a free sample copy or view report summary: Camera Straps Market Report

Camera Straps Market Report Highlights

• The commercial segment led the market, accounting for a revenue share of 57.7% in 2023

• Nylon camera straps held a significant revenue share in the global industry in 2023

• The offline channel accounted for the highest market revenue share of 78.8% in 2023. This large share is owing to a well-established offline distribution network for camera accessories

• Europe camera straps market accounted for the highest market share of 35.5% in 2023

Camera Straps Market Segmentation

Grand View Research has segmented the global camera straps market report based on application, material, distribution channel, and region

Camera Straps Application Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial

• Personal

Camera Straps Material Outlook (Revenue, USD Million, 2018 - 2030)

• Nylon

• Polyester

• Fabric

• Cotton

• Others

Camera Straps Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Online

• Offline

Camera Straps Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • India

  • China

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in the Camera Straps Market

• SAMSUNG

• FUJIFILM Corporation

• Black Rapid, Inc.

• Peak Design

• ALTURAPHOTO

• gordy's camera straps

• Movo

• OP//TECH USA

• COOPH Cooperative of Photography GmbH

• ORIGINAL FUZZ