B2B drives market demand, with B2B spending representing 82.7% of total demand in 2020. Fotoekspert OOO is the largest company in Russia, generating 3.8% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 5.8% of total turnover in 2020. The total number of companies decreases in 2020, to 3,074 units. The costs of the industry decrease by 15.8% in 2020, largely driven by declining labour costs. The industry’s profitability decreases and stands at 43.8% of turnover in 2020, the highest in the region. With turnover of USD423 million, Russia accounts for 32.3% of the Eastern Europe total in 2020.
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This Euromonitor industrial report provides unique information on Photographic Services in Russia: ISIC 7494. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Photographic Services in Russia: ISIC 7494 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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