Retail constant value sales of imaging devices will continue to decline throughout the forecast period. Over the forecast period as a whole, retail constant value sales will decline by more than a quarter.
Consumers who are serious about photography are more likely to invest in sophisticated SLR and compact system cameras that deliver higher quality images, in addition to owning and using a smartphone for taking pictures. However, the high price points of these more sophisticated products will remain a significant barrier for many.
Appliances and electronics specialists continued to dominate the distribution of imaging devices in 2022, as many local consumers want to see and touch a product prior to purchase or get advice from a professional salesperson. While e-commerce grew in significance over the course of the review period and is likely to continue to expand during the forecast period, it will probably remain of secondary importance.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Imaging Devices industry in Malaysia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Imaging devices includes cameras and camcorders.See All of Our Definitions
This report originates from Passport, our Imaging Devices research and analysis database.
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