July 2017 Saudi Photo Studio Market Outlook to 2021
Executive Summary
Saudi Arabia Photo Studio Market Outlook to 2021-Ken Research
Ken Research Latest Report “ Saudi Arabia Photo Studio Market Outlook to 2021 - Rising Number of Weddings and Growing Corporate Events to Shape the Future ” provides a comprehensive analysis of the photo studio market in Saudi Arabia . The report covers aspects such as the market size of the photo studios and market segmentation on the basis of region . The report also covers the competitive landscape , snapshots of major provinces in Saudi Arabia and demand gap analysis . In addition to this , the report also covers case studies of major players . This report will help industry consultants , owners of photo studios , potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future .
Photo Studio Industry in Saudi Arabia
Photo studio industry in Saudi Arabia has seen constant year on year growth over the period 2011-2016 . As per Ministry of Statistics , Saudi Arabia and Ken Research Analysis , the numbers of photo studios in the Kingdom have inclined from ~ in 2011 to ~ in 2016 posting a CAGR of ~% during the period . The photo studios industry in terms of revenue has been estimated to be around SAR ~ billion in Saudi Arabia . Number of corporate events held in the kingdom inclined to ~ in 2016 from ~ in 2015 ( revealed by Ministry of justice , Saudi Arabia ). On the other hand , ~ weddings were registered in Saudi Arabia during 2016 . To cover large events and marriages , around ~ photographers while ~ videographers are required . The entire Makkah region has the highest number of photo studios (~) in Saudi Arabia closely followed by Riyadh with ~ studios as of 2016
Riyadh Photo Studio Market
The market in terms of revenue has been earmarked to be around SAR ~ million in 2016 contributing over ~% to the overall revenues of the Saudi Arabia industry during the year . There were around ~ photo studios in Riyadh during 2016 with a total of ~ employees . As per data provided by Ministry of Justice , Saudi Arabia , ~ marriage contracts were signed in Riyadh during 2016 . The capital city is also considered as the corporate centre of Saudi Arabia . The capital city hosted ~% of the corporate events in Saudi Arabia during 2016 . According to The Saudi Exhibition and Conventions Bureau , ~ licensed activities , including exhibitions , forums , conferences , workshops and meetings were organized in Riyadh during 2016 generating considerable revenue for photo studios in the area .
Geographic Market Performance of Riyadh City 6
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