Lensvid shows what happened to the Photo Industry in 2020-2021

Lensvid walked us through the 2020-2021 industry performance. As expected things didn’t go well. And the forecast is grim too:

Looking forward, it is hard to be optimistic for 2022. Talking to people inside the industry we have been told that the shortages and supply issues are expected to continue for at least the first half of the year and even if miraculously the second half will see record sales compared to the previous two years, we are still looking at another very difficult year for the industry.