U.S. Second-Hand Camera Market size to exceed USD 3.1 Billion by 2034

U.S. second-hand camera market was estimated at USD 1.84 billion in 2024 and is expected to grow from USD 1.94 billion in 2025 to USD 3.1 billion by 2034, at a CAGR of 5.4%, according to the latest report published by Global Market Insights Inc.  

As photography continues to be a popular hobby and profession, more consumers are seeking affordable alternatives to high-end, brand-new cameras. Second-hand cameras provide a cost-effective option, allowing users to access high-quality equipment at a fraction of the price. This growing demand for budget-friendly gear is a significant driver in the second-hand camera market.  

Key Insights:

• Market Size & Growth:

• 2024 Market Size: 1.84 billion
• 2025 Market Size: USD 1.94 billion
• 2034 Forecast Market Size: USD 3.1 billion
• CAGR (2025–2034): 5.4%  

Key Growth Drivers:

1 Increasing popularity of sustainability and circular economy: The trend toward sustainability has led to a rise in the popularity of pre-owned products, including cameras.  

2 Rise of photography enthusiasts and amateur photographers: With the increasing number of amateur photographers and social media influencers, especially among younger generations, there is a strong demand for entry-level to mid-range photography equipment.  

3 Technological advancements are making older models viable: Technological improvements in camera sensors and features have made older camera models more than capable of producing high-quality images.  

4 Availability of online marketplaces and platforms: The growth of online platforms like eBay, Amazon, and specialized photography websites has made it easier for buyers and sellers to connect.  

5 Trade-in programs and retailer support: Many camera manufacturers and retailers have introduced trade-in programs, allowing consumers to upgrade their equipment while selling their old cameras.  

• Key Players:

• eBay led the market with a share of over 14% in 2024.  
• Some of the top players in this market include KEH Camera, eBay, MPB, B&H Photo Video, and Adorama, which together held a 30% share in 2024.  

Key Challenges:

1 Risk of Product Quality and Condition: One of the primary challenges in the second-hand camera market is ensuring the quality and functionality of used equipment.  

2 Lack of warranty and post-sale support: Unlike new cameras, second-hand models often lack a manufacturer’s warranty or have limited post-sale support.  

3 Limited availability of popular models: The availability of high-demand models in the second-hand camera market can be inconsistent.  

4 Inconsistent pricing and market fragmentation: The absence of standardized pricing guidelines creates disparities across platforms and sellers.  

5 Limited availability of high-demand models: While the second-hand market offers affordability, it does not always guarantee availability.  

Browse key industry insights spread across 210 pages with 80 market data tables and figures from the report, “U.S. Second-hand Camera Market - By Camera Type, End Use, Distribution Channel, Growth Forecast, 2025 – 2034” in detail, along with the table of contents:

https://www.gminsights.com/industry-analysis/us-second-hand-camera-market  

DSLR Cameras To Gain Traction

The DSLR cameras segment held a sustainable share in 2024, driven by photography enthusiasts and professionals looking for high-quality gear at a more affordable price point. While newer mirrorless systems are gaining traction, DSLR cameras are still favored for their robust performance, optical viewfinders, and wide lens compatibility. The demand for second-hand DSLRs is rising as budget-conscious photographers seek well-maintained pre-owned equipment that offers superior image quality and durability. To strengthen their position in this segment, companies are focusing on providing certification services, extended warranties, and offering trade-in options to ensure both quality and trust in the second-hand camera market.  

Rising Demand Among Students and Learners

The students and learners segment generated robust revenues in 2024 as photography courses and hobbyists continue to proliferate across the U.S. Many students and aspiring photographers prefer purchasing second-hand cameras to minimize costs while still gaining access to quality equipment. With budgets often limited, students turn to used gear for their first camera purchase, making the second-hand camera market an attractive option. Companies are offering special discounts, bundle deals with accessories, and flexible payment options. Retailers are also investing in educational content and camera guides to support newcomers, establishing long-term customer relationships with the younger demographic.  

Rising Demand in Online

The online segment held a notable share in 2024, as more consumers turn to platforms like eBay, MPB, and B&H Photo Video for their camera purchases. Online sales offer unparalleled convenience, allowing buyers to browse and compare a wide range of models from the comfort of their homes. The ability to filter by condition, price, and model also makes it easier for consumers to find the perfect camera. In response to increasing competition, companies are enhancing their online presence with robust e-commerce platforms, offering detailed product descriptions, photos, and customer reviews. Online sellers are also investing in secure payment systems, transparent return policies, and extended warranties to build consumer confidence.  

Major companies in the U.S. second-hand camera market are Ritz Camera, Swappa, PhotoJoseph, LensRentals, MPB, Samy’s Camera, Amazon Renewed, Roberts Camera, KEH Camera, Adorama, Freestyle Photographic Supplies, B&H Photo Video, The Camera Exchange, eBay, and Cameraworld.  

Companies in the U.S. second-hand camera market are heavily investing in digital platforms to reach a wider audience and enhance customer convenience. By strengthening e-commerce capabilities, offering detailed product listings, real-time inventory updates, and seamless checkout experiences, retailers are meeting the growing demand for online shopping. Some players are also adopting an omnichannel strategy, integrating their physical stores with online operations to offer services like in-store pickup, local trade-ins, and camera inspections, which builds trust and flexibility for consumers.