Photographic Film Processing in Australia - Industry Market Research Report

Developing: Diversification and innovation are at the flashpoint of the industry's shot at success

The COVID-19 pandemic has upended Australia's economic system, including the Photographic Film Processing industry. During lockdowns, households and businesses had to increasingly use in-house software and printers to process and print photographs, reducing demand for industry services. Sales have reached a complete standstill for industry businesses that haven't already switched to offering their services online. The widespread adoption of online photo-sharing platforms and cloud storage services has further reduced demand for printing services. Revenue is expected to fall at an annualised 5.5% over the five years through 2022-23, to $281.0 million. This trend includes a projected decline of 2.1% in 2022-23 due to a significant dip in household discretionary income. Industry profitability has dwindled due to intensifying competition in a muted market.

Industry firms provide photofinishing services for processing analogue and digital images. These services include processing, altering and printing digital photographs on a range of media; and operating photo processing kiosks. Industry operators also develop analogue film, scan images and produce slides.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.