World - Photographic Flashbulbs And Flashcubes - Market Analysis, Forecast, Size, Trends And Insights
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The article discusses the declining trend in the global market for photographic flashbulbs, with a projected decrease in consumption but an increase in market value. It provides insights into key consuming and producing countries, as well as trends in imports and exports of photographic flashbulbs. Overall, the market is expected to continue its downward trend in consumption but show growth in value terms over the next eight years.
Market Forecast
Depressed by shrinking demand for photographic flashbulb worldwide, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -2.1% for the period from 2022 to 2030, which is projected to depress the market volume to 132M units by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market value to $1.7B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Photographic Flashbulbs And Flashcubes
In 2022, consumption of photographic flashbulbs and flashcubes was finally on the rise to reach 156M units after three years of decline. Overall, consumption, however, saw a perceptible decline. Over the period under review, global consumption hit record highs at 203M units in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
The global photographic flashbulb market size totaled $1.3B in 2022, increasing by 2.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $1.5B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.
Consumption By Country
Hong Kong SAR (84M units) constituted the country with the largest volume of photographic flashbulb consumption, comprising approx. 54% of total volume. Moreover, photographic flashbulb consumption in Hong Kong SAR exceeded the figures recorded by the second-largest consumer, Thailand (19M units), fourfold. China (18M units) ranked third in terms of total consumption with a 12% share.
In Hong Kong SAR, photographic flashbulb consumption declined by an average annual rate of -3.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (+1.6% per year) and China (-8.5% per year).
In value terms, Thailand ($410M), Hong Kong SAR ($264M) and the United States ($211M) appeared to be the countries with the highest levels of market value in 2022, together accounting for 66% of the global market.
In terms of the main consuming countries, the United States, with a CAGR of +19.6%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of photographic flashbulb per capita consumption was registered in Hong Kong SAR (11 units per person), followed by Singapore (3.1 units per person), Thailand (0.3 units per person) and the United States (less than 0.1 units per person), while the world average per capita consumption of photographic flashbulb was estimated at less than 0.1 units per person.
From 2012 to 2022, the average annual rate of growth in terms of the photographic flashbulb per capita consumption in Hong Kong SAR amounted to -3.8%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Singapore (+0.7% per year) and Thailand (+1.2% per year).
Production
World Production of Photographic Flashbulbs And Flashcubes
In 2022, global production of photographic flashbulbs and flashcubes stood at 195M units, approximately reflecting 2021 figures. Over the period under review, production showed a relatively flat trend pattern. As a result, production attained the peak volume and is likely to continue growth in the immediate term.
In value terms, photographic flashbulb production stood at $1.9B in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 5.5% against the previous year. As a result, production attained the peak level of $2B. From 2018 to 2022, global production growth remained at a lower figure.
Production By Country
The country with the largest volume of photographic flashbulb production was Hong Kong SAR (117M units), comprising approx. 60% of total volume. Moreover, photographic flashbulb production in Hong Kong SAR exceeded the figures recorded by the second-largest producer, China (31M units), fourfold. The third position in this ranking was held by Thailand (18M units), with a 9.4% share.
From 2012 to 2022, the average annual growth rate of volume in Hong Kong SAR was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: China (+0.0% per year) and Thailand (+0.3% per year).
Imports
World Imports of Photographic Flashbulbs And Flashcubes
In 2022, overseas purchases of photographic flashbulbs and flashcubes increased by 51% to 94M units, rising for the third year in a row after seven years of decline. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 698% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, photographic flashbulb imports soared to $374M in 2022. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 122%. Global imports peaked in 2022 and are expected to retain growth in years to come.
Imports By Country
Hong Kong SAR prevails in imports structure, amounting to 82M units, which was approx. 87% of total imports in 2022. It was distantly followed by the United States (6.7M units), committing a 7.2% share of total imports. Thailand (1.6M units) followed a long way behind the leaders.
From 2012 to 2022, average annual rates of growth with regard to photographic flashbulb imports into Hong Kong SAR stood at +17.3%. At the same time, Thailand (+30.8%) and the United States (+24.0%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in the world, with a CAGR of +30.8% from 2012-2022. Hong Kong SAR (+54 p.p.) and the United States (+5.6 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Hong Kong SAR ($218M) constitutes the largest market for imported photographic flashbulbs and flashcubes worldwide, comprising 58% of global imports. The second position in the ranking was held by the United States ($70M), with a 19% share of global imports.
In Hong Kong SAR, photographic flashbulb imports expanded at an average annual rate of +19.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United States (+11.4% per year) and Thailand (-3.6% per year).
Import Prices By Country
The average photographic flashbulb import price stood at $4 per unit in 2022, dropping by -11.4% against the previous year. Overall, the import price, however, enjoyed a mild expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $17 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($10 per unit), while Thailand ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.7%), while the other global leaders experienced a decline in the import price figures.
Exports
World Exports of Photographic Flashbulbs And Flashcubes
In 2022, approx. 133M units of photographic flashbulbs and flashcubes were exported worldwide; with an increase of 5.1% against the year before. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 350%. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, photographic flashbulb exports rose remarkably to $412M in 2022. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 197%. The global exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Exports By Country
In 2022, Hong Kong SAR (116M units) was the key exporter of photographic flashbulbs and flashcubes, comprising 87% of total exports. It was distantly followed by China (14M units), achieving a 10% share of total exports. Myanmar (2.4M units) held a little share of total exports.
From 2012 to 2022, average annual rates of growth with regard to photographic flashbulb exports from Hong Kong SAR stood at +25.0%. At the same time, Myanmar (+94.5%) and China (+8.1%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in the world, with a CAGR of +94.5% from 2012-2022. From 2012 to 2022, the share of Hong Kong SAR and Myanmar increased by +47 and +1.8 percentage points, respectively.
In value terms, Hong Kong SAR ($278M) remains the largest photographic flashbulb supplier worldwide, comprising 67% of global exports. The second position in the ranking was held by China ($85M), with a 21% share of global exports.
In Hong Kong SAR, photographic flashbulb exports increased at an average annual rate of +37.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (+2.1% per year) and Myanmar (-14.1% per year).
Export Prices By Country
In 2022, the average photographic flashbulb export price amounted to $3.1 per unit, approximately equating the previous year. Overall, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 34% against the previous year. As a result, the export price attained the peak level of $8.1 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($6.2 per unit), while Myanmar ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.8%), while the other global leaders experienced a decline in the export price figures.
This report provides an in-depth analysis of the global photographic flashbulb market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27403100 - Photographic flashbulbs, flashcubes and the like
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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