In 2023, sales of appliances and electronics specialists in the US declined for a second year running in both current value terms and in value terms at constant 2023 prices. The inflationary environment led consumers to postpone discretionary purchases, especially products such as appliances and electronics, which tend to be higher-priced items. The weak housing market was another reason for the slowdown. High interest rates dampened demand for housing sales and construction, which impacted sale...
Euromonitor International's Appliances and Electronics Specialists in USA report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Appliances and Electronics Specialists market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Appliances and Electronics Specialists in the US
Euromonitor International
March 2024
List Of Contents And Tables
APPLIANCES AND ELECTRONICS SPECIALISTS IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
Appliances and electronics specialists continues to decline in 2023
Oura partners with Best Buy as it continues to expand its presence in physical retail
Despite setbacks, physical retail still holds a place in appliances and electronics retail
PROSPECTS AND OPPORTUNITIES
Appliances and electronics specialists set to continue to see a value decline over the forecast period
Appliances and electronics DTC players are taking a page from physical retail
Best Buy will continue to invest in a discount strategy to appeal to value shoppers
CHANNEL DATA
Table 1 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Appliances and Electronics Specialists GBO Company Shares: % Value 2019-2023
Table 4 Appliances and Electronics Specialists GBN Brand Shares: % Value 2020-2023