Category: Audio Equipment
Audio Equipment market research reports by Euromonitor International
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Home Audio and Cinema in Poland
Home Audio and Cinema in Poland High inflation and the unfavourable economic conditions in Poland impacted purchases of home audio and cinema in Poland in 2023. With the high cost of living, consumers focused on saving and keeping their spending, especially on high-end products such as home cinema a ... Read More
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Home Audio and Cinema in the Philippines
Home Audio and Cinema in the Philippines Home audio and cinema witnessed a steep decline in retail volume terms in 2022 with this pattern continuing into 2022. Despite seeing stronger GDP growth in 2022 and 2023 there remains a high degree of economic uncertainty in the Philippines due to high infla ... Read More
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Home Audio and Cinema in the United Kingdom
Home Audio and Cinema in the United Kingdom Demand for home audio and cinema continues to decline in 2023, with retail volumes remaining below pre-pandemic levels. Home cinema and speaker systems, which greatly benefited from the pandemic and new home-centric lifestyles, is likely to be the only pos ... Read More
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Headphones in the United Kingdom
Headphones in the United Kingdom Overall demand for headphones continues to rise in 2023, with both retail volume and current value sales recording double-digit growth. The increase in the average unit price across the category is driving up higher value sales growth compared to that of volume, and ... Read More
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In-Car Entertainment in the US
In-Car Entertainment in the US 2023 witnessed a remarkable recovery in new car sales in the US, a trend which defied lingering economic uncertainty fuelled by concerns over soaring inflation and the spectre of interest rate hikes. Over the first five months of the year, demand for new cars surged in ... Read More
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In-Car Entertainment in Austria
In-Car Entertainment in Austria In Austria, in-car entertainment is set to see a strong decline in overall retail volume sales in 2023, continuing the fast downward trajectory in demand over the review period. Indeed, in terms of the review period, declines are expected to be the fastest since 2020 ... Read More
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Consumer Electronics in the US
Consumer Electronics in the US The negative volume growth that was registered across consumer electronics in the US in 2023 can be seen largely as a continuation of the suppressed demand that has emerged during the post-pandemic era. Now that the positive impact of stay-at-home orders on demand for ... Read More
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Consumer Electronics in Malaysia
Consumer Electronics in Malaysia Consumer electronics in Malaysia saw modest growth in 2023, although sales remained well below 2021 levels in constant value (2023 prices) terms. As the country emerged from the pandemic, consumers became increasingly keen to travel, socialise and spend more time out ... Read More
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Headphones in France
Headphones in France Headphones is one of the better-performing categories in consumer electronics in volume terms in France in 2023 (second to wearables and performing slightly better than mobile phones). However, the category is still showing volume declines, and this is a slump compared to last y ... Read More
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Home Audio and Cinema in Chile
Home Audio and Cinema in Chile There is a continued high consumer focus on improving life in the home, which is a residual effect of the pandemic, which led Chileans to purchase consumer electronics to make their lives at home more comfortable. Nevertheless, home audio and cinema is set to see a con ... Read More
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Home Audio and Cinema in France
Home Audio and Cinema in France In a cross-category trend, the aftermath of the pandemic-era boost to sales means current sluggish sales in home audio and cinema. Indeed, during the COVID-19 lockdowns, consumers sought products to enable a cinema-style experience at home, therefore we saw a level of ... Read More
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Headphones in the US
Headphones in the US During 2023, wireless headbands continued to experience strong volume growth despite the overall weakness in demand for consumer electronics overall. The combination of low ownership rates and the rapid adoption of wireless headbands have created an environment that is highly co ... Read More
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In-Car Entertainment in Spain
In-Car Entertainment in Spain In-car entertainment has been in long-term decline for a number of years, with some categories reporting a consistent double-digit decrease in volume sales. Unlike some other areas of consumer electronics sales of in-car entertainment were actually negatively impacted b ... Read More
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Headphones in Turkey
Headphones in Turkey Headphones registered slower volume growth in 2023 as the sharp rise in the cost of living led to a decline in disposable incomes. The devastating effects of the earthquake that took place in February 2023 had a noticeable impact on consumption of non-essential items too. Noneth ... Read More
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In-Car Entertainment in Chile
In-Car Entertainment in Chile The historical decrease in volume sales caused by the advance of technology and the popularisation of smartphones as an entertainment centre is expected to continue to hit in-car entertainment in Chile in 2023. Nevertheless, high inflation is set to drive a positive tre ... Read More
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Home Audio and Cinema in the US
Home Audio and Cinema in the US Home audio and cinema continued to experience falling sales during 2023, with various factors contributing to this negative performance. One of the key contributors to ongoing sales declines in the category is the increasing popularity of streaming services and rising ... Read More
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Portable Players in the United Arab Emirates
Portable Players in the United Arab Emirates The demand for wireless speakers in the United Arab Emirates continues to grow, due to the increasing preference for wireless technology and connected devices. As leading smartphone brands continue to remove the headphone jack from new models, local consu ... Read More
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Home Audio and Cinema in Spain
Home Audio and Cinema in Spain Retail volume sales of home audio and cinema continued their long-term decline in 2022, including sales of home cinema and speaker systems, which account for the bulk of retail value sales in the category. Home cinema and speaker systems mainly attract consumers lookin ... Read More
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Headphones in Spain
Headphones in Spain Apple’s AirPods brand continues to lead the category with it reporting strong growth in retail volume terms during 2023. Apple enjoys an important reputation among consumers for quality while its AirPods are able to seamlessly connect to the other Apple products. In previous year ... Read More
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Headphones in Egypt
Headphones in Egypt Headphones moved back into growth in 2023 despite the continuation of economic problems. Foreign currency shortages imposed a heavy burden on this category, as virtually all headphones are imported into Egypt. Inflation and the weaker Egyptian pound have depressed purchasing powe ... Read More
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Headphones in Italy
Headphones in Italy Sales of headphones in Italy are benefiting from the growth of the sports and health industries. As consumers increase their participation in regular sports and physical exercise, they are making greater use of headphones on the go, particularly while doing physical activity outd ... Read More
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Home Audio and Cinema in Vietnam
Home Audio and Cinema in Vietnam The outbreak of COVID-19 and the subsequent home seclusion provided a boost to sales of some home audio and cinema products in Vietnam as consumers placed more focus on entertainment at home. Products related to karaoke were in particularly high demand, with this bei ... Read More
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Home Audio and Cinema in the United Arab Emirates
Home Audio and Cinema in the United Arab Emirates Demand for home audio and cinema in the United Arab Emirates continues to experience notable trends that are impacting demand in 2023. One such trend is the increasing demand for smart and connected audio solutions, driven by the rise of smart homes ... Read More
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Portable Players in Spain
Portable Players in Spain Retail volume sales of e-readers continued declining during the review period and appear to be in long-term decline with a further heavy decline set to be seen in 2023. The category has in part been impacted by the popularity of smartphones with some younger consumers readi ... Read More
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Home Audio and Cinema in Egypt
Home Audio and Cinema in Egypt Retail volume sales continues to decline in 2023 with high inflation and the currency devaluation further eroding consumer purchasing power. In the face of economic uncertainty, consumers are limiting the amount they can spend on luxurious appliances, with most having ... Read More
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