A shrinkable camera skin assembly for altering the appearance of a camera body includes a camera wrap is positionable around a camera body to alter the appearance of the camera body. The camera wrap has a plurality of openings therein each being aligned with respective structural features of the camera body. A lens wrap is wrapped around a body of a camera lens to alter the appearance of the body of the camera lens. A hood wrap is wrapped around a lens hood to alter the appearance of the lens hood. Each of the camera wrap, the lens wrap and the hood wrap is comprised of a heat shrink material. Thus, the camera, lens and hood wraps can shrink around the respective camera body, camera lens and lens hood.