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(Transportation-News.com, July 17, 2024 ) As per Maximize Market research, the Instant Camera Market was valued at USD 1.32 Bn. in 2023. Global Instant Camera Market size is estimated to grow at a CAGR of 3.4% reaching USD 1.67 Bn. over the forecast period of 2024-2030.
North America held the largest market share at 42.61% in 2023. Rising disposable income and advanced technology usage in the U.S. and Canada drives the market growth.
Asia-Pacific market of instant camera is expected to grow at a CAGR of 3.7% during the forecast period. Increasing popularity of high-tech electronic gadgets and rising tourism in the region drives the growth of market.
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The rapidly growing trend of photography among youngsters across the globe, along with increased tourism, are significant drivers driving the growth of the market. International tourist arrivals increased by 4% in 2023, hitting 1.5 billion from 1.4 billion in 2023, according to the United Nations World Tourism Organization (UNTWO). This tendency is expected to continue, which is expected to boost the market's growth throughout the forecast period.
Market is segmented into non-retractable lenses instant camera and retractable lenses instant camera. The retractable lenses instant camera segment held the largest market share, accounting for 78% in 2023.
Instant cameras include an internal development mechanism and self-developing film, allowing users to shoot and print photos immediately.
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Market Segmentation
By Type
Non-retractable lenses instant camera
Retractable lenses instant camera
By Distribution Channel
Offline
Online
By Application
Commercial Use
Individual Use
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Instant Camera Key Players:
Fujifilm
Polaroid
Lomographische AG
Leica
Kodak
Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:
Drone Camera Market size was valued at USD 11.81 billion in 2023 and is expected to grow at a CAGR of 31.2%
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Source: EmailWire.Com 
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