Is the Canon PowerShot G7 X Mark III camera discontinued in 2026? The answer is no, but it’s really hard to find the top-of-the-line G7 X Mark III anywhere in the world right now. Whether you are in the United States or Japan, it’s really hard to find the G7 X camera in retail outlets or online stores. Yes, renewed and second-hand models are available at higher price points, but brand-new models are rarely seen in the market despite the crazy demand for the camera.
The issue reached its peak when Canon announced the Limited-Edition Graphite model of the Canon PowerShot G7 X Mark III, but, despite its April release date, the camera is already on “Notify Me” status. Even B&H Photo Video has clearly stated on the product page that it will be served to the first customers in the queue due to very high demand and limited supply.
In this article, we have tried to find out the exact reasons why the Canon PowerShot G7 X Mark III camera has been delayed and is not in stock, so the reasons…
Why Canon is failing to keep the camera in stock worldwide
(exact reasons based on official statements, retailer data, and production reports as of March 2026):
1. Explosive viral demand far exceeding production capacity —
Starting in 2019, compact camera models went mega-viral over Instagram and TikTok. Content creators and bloggers started preferring a compact camera that could record 4K videos in high quality, and guess what the best solution was at the time—and even now—the Canon PowerShot G7 X Mark III, with its image quality and overall performance.
Demand spiked globally (especially among Gen Z for its pocketable size, 4K video, and vlog mode), turning it into a “must-have” compact. Sales far outpaced Canon’s expectations for a 7-year-old camera.
2. Repeated component shortages and production suspensions
Suddenly, despite excessive demand, in March 2025, Canon Japan suspended new orders for the G7 X Mark III (and SX740 HS) due to parts shortages (likely the 1″ stacked CMOS sensor and DIGIC 8 processor, although they continue to fuel the production of new compact like Canon V10, which uses almost all the core specs as of G7X Mk III. [11 May 2023 — The PowerShot V10 V] So, if they can fuel up the production V10, then for sure G7X Mk III product continuation isn’t a major issue for Canon.
Although G7X Mk III Production resumed in September 2025, Canon explicitly stated they were only fulfilling existing backorders and would take “a long time for delivery” with no new orders accepted at that time.
3. Canon closed back-to-back 2–3 factories worldwide (reported by Petapixel [1][2] and thenewcamera.com)
Canon never scaled manufacturing for this old model, due to low demand for compact cameras and in the market, Canon closed back-to-back 2-3 Factories worldwide, Petapixel [1] [2] and we [thenewcamera.com].
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- Petapixel coverage. In January 202,2 they reported Canon partially then fully closing its Zhuhai, China plant — Canon’s only mainland China camera factory, which primarily assembled small/compact digital cameras
- thenewcamera.com coverage: They reported the same Zhuhai closure (alongside Nikon/Sony moves) and earlier Canon sensor factory shutdown in Ayase, Japan (2020)
- More detailed research and analysis showed Canon had temporary shutdowns of 5 factories after 2020 worldwide due to low product demand specifically most of them were related to compact camera manufacturing units.
So, technically, even if V10 demand rose, [atlought its an Flop products and despite three + years of its announcement, it has received only 18 reviews, whereas 500 reviews we have both the colours of G7X Mk III camera – a total of 1000 + reviews, despite such a limited supply ] . The G7X Mark III (2019 model) still outsells/engages far more despite its age and past supply constraints. The V10’s much lower review volume after nearly 3 years reinforces low demand
Yes, Canon missed the Compact Camera Boom because it closed a major Chinese Factory in 2020 – 2022. Although back in Jan 2025 Canon chairman and CEO Fujio Mitarai says the company may reorganize its manufacturing efforts, potentially moving additional camera production outside Japan. Means as they have said they will be Outsourcing compact Camera Manufacturing to third-party manufacturers who can fulfill the demand of Canon compacts to the market while maintaining the lowest production cost possible, “We want to go fabless with the printers and lower-end digital cameras we manufacture in Asia,” Mitarai told Nikkei Asia in an interview,
However, even these measures appear insufficient at present. As of March 2026, none of the popular compact models — including the G7 X Mark III and the Canon PowerShot SX740 HS — are readily available in stock at authorised retailers worldwide. The industry is still waiting for a sustainable solution. This represents a clear opportunity for Canon to lead the global compact camera market, yet the company appears to be missing it.
Stay tuned for news and updates
About the author
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- Written By thenewcamera.com team
- The article “Why the Canon G7 X Mark III Is Still Out of Stock Worldwide in March 2026 (Not Discontinued – Real Reasons)” was written on 6:48 am, Monday, 16 March 2026,Greenwich Mean Time (GMT)
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