Boston, MA -- (SBWIRE) -- 01/21/2015 -- Imaging devices? retail volume sales are expected to decline by 2% in 2014, largely affected by low digital camcorder category response. A secondary factor was the fact that the economic environment was not as prosperous in either the regional or international markets. Despite active product launches and marketing initiatives by manufacturers and retailers, a relatively flat performance was recorded with slow purchasing rates.

Industry Prospects

The imaging devices category is predicted to decline in retail volume terms at a CAGR of 3% over the forecast period, largely affected by weak demand from digital camcorders. This is affected by the moderated spending power and frequency of visits by Chinese tourists, as well as slow actual buying behaviour among local consumers. Demand in Hong Kong is largely affected by product exposure, word-of-mouth recommendations, media coverage and promotions. This is partly because cameras are becoming increasingly similar in terms of functionality and features.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the Imaging Devices industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Imaging Devices industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Imaging Devices in Hong Kong, China market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Imaging Devices in Hong Kong, China?
- What are the major brands in Hong Kong, China?
- What is the growth rate for digital cameras?
- How is the growth of mobile phone cameras affecting the traditional camera market?
- What are the latest trends in mirrorless cameras?

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