Category: Audio Equipment
Audio Equipment market research reports by Euromonitor International
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The United Kingdom Consumer Electronics
Consumer Electronics in the United Kingdom Demand for consumer electronics in the UK continues to grow, reversing a negative volume trend witnessed over the previous three years. Higher value growth is being driven by further unit price rises, as inflation and production costs remain elevated. There ... Read More
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The United Kingdom Home Audio and Cinema
Home Audio and Cinema in the United Kingdom Home audio and cinema in the UK continues to face challenges in 2024, especially in terms of volume declines. This is a fairly saturated category in the UK with long replacement cycles, as many consumers do not see the need to regularly replace their speak ... Read More
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The United Kingdom Headphones
Headphones in the United Kingdom Demand for headphones in the UK continues to grow, with the category recording 10% retail volume growth in the first half of 2024. TWS earbuds remains the standout performer, with both the mass and premium segments recording dynamic growth in a continuation of review ... Read More
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Headphones in India
Headphones in India After seeing tremendous growth in the past two years, TWS witnessed a slowdown in 2023 in retail volume and current value terms. TWS earbuds have surged in popularity in recent years as consumer prefer the absence of wires (allowing for greater freedom of movement), improved desi ... Read More
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In-Car Entertainment in India
In-Car Entertainment in India Retail volume and current value sales of in-car entertainment continued to decline in 2023 due to multiple factors. Firstly, new car models are increasingly coming pre-equipped with the latest technology and components such as built-in navigation systems, reverse camera ... Read More
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Home Audio and Cinema in India
Home Audio and Cinema in India In 2023, home audio and cinema in India continues to face decline in retail volume terms, due to macroeconomic factors and waning consumer interest in such products. Rising inflationary concerns are dampening demand for home audio and cinema as these products are relat ... Read More
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Headphones in Germany
Headphones in Germany In a year marked by economic uncertainties, consumer electronics has been negatively affected, especially in terms of volume sales. Consequently, only a few categories are expected to show positive development in both volume and value sales in 2023 – one of which is headphones. ... Read More
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Home Audio and Cinema in Germany
Home Audio and Cinema in Germany Home audio and cinema had already experienced negative growth in recent years, especially due to constant improvements in televisions in terms of size, and quality of sound and picture. In 2023, decline is set to continue in retail volume terms, also due to the fact ... Read More
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In-Car Entertainment in Hong Kong, China
In-Car Entertainment in Hong Kong, China In-car entertainment is in an overall structural decline, due to rising competition and cannibalisation from multifunctional devices such as smartphones. An added factor here is the decline in the number of registered private cars. This trend is expected to c ... Read More
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Headphones in Hong Kong, China
Headphones in Hong Kong, China Headphones is the other category enjoying healthy volume growth, thanks to the ongoing popularity of TWS earbuds – which continues to trend thanks to a growing range of brands, across price points, being launched. Consumers can thus pick and choose between different br ... Read More
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Home Audio and Cinema in Hong Kong, China
Home Audio and Cinema in Hong Kong, China The reopening of society after the end of the pandemic restrictions means that consumers are returning to out-of-home entertainment and thus have a lesser need for in-home entertainment setups, such as home cinema and audio. Indeed, this has led to many cons ... Read More
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Home Audio and Cinema in Romania
Home Audio and Cinema in Romania Sales of home audio and cinema continue to decline in 2023, continuing the pattern seen over the review period. This decline has accelerated in 2022/2023 in part due to the rising mobility of Romanians. During the pandemic some products such as home cinema and speake ... Read More
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Home Audio and Cinema in Norway
Home Audio and Cinema in Norway Home audio and cinema remains in a slump in 2023, following the pandemic era when consumers invested in their home entertainment setups during the times of lockdown. As such, following the reopening of society and a return to out-of-home lifestyles, consumers are in l ... Read More
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Consumer Electronics in Romania
Consumer Electronics in Romania After a strong performance in 2020 and 2021, sales of consumer electronics moved into negative territory in 2022 in retail volume terms, mainly as a result of the impact of double-digit inflation on unit prices, the economy and cost of living. Sales have continued to ... Read More
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Headphones in Taiwan
Headphones in Taiwan Retail volume sales of headphones continued to decline in 2023, despite the increasingly important role they play in consumers’ lives. In addition to providing a high-quality audio experience for music and other forms of entertainment, they can also be used for communication, su ... Read More
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Headphones in Romania
Headphones in Romania Consumers are increasingly consuming entertainment through their mobile devices in Romania, including when outside home and on the move with this making a positive contribution to the growth and development of headphones. Furthermore, rising mobility post-COVID-19 has also incr ... Read More
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Home Audio and Cinema in Taiwan
Home Audio and Cinema in Taiwan Home audio and cinema continued to decline in retail volume and current value terms in 2023, a course that looks set to persist into the forecast period. Products such as hi-fi systems are seen as unnecessary for most Taiwanese, and increasingly outdated. Distribution ... Read More
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Headphones in Norway
Headphones in Norway Headphones is one of the few categories enjoying positive volume success in consumer electronics in 2023, thanks to the popularity of TWS earbuds. In line with the trend for wireless speakers, wireless variants of headphones (aka TWS earbuds) are those attracting consumer attent ... Read More
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Headphones in Australia
Headphones in Australia Sales of headphones continue to see dynamic double-digit growth in retail volume terms in 2023, driven by the huge success of TWS earbuds. Favourable product features such as convenience for on-the-go use, longer battery life and easy compatibility are helping TWS earbuds to ... Read More
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Consumer Electronics in Australia
Consumer Electronics in Australia Overall sales of consumer electronics in Australia are stagnating in retail volume terms in 2023, albeit with mixed performances across the different categories. Consumer demand in many categories continued to soften after seeing strong growth during the COVID-19 pa ... Read More
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Home Audio and Cinema in China
Home Audio and Cinema in China Home audio and cinema in China is experiencing a downturn in 2023, following a temporary respite observed in 2020 during the pandemic lockdowns. The previous pandemic measures prompted financially affluent Chinese consumers to invest in sophisticated home audio and cin ... Read More
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Headphones in Denmark
Headphones in Denmark Headphones is the other category in consumer electronics which is seeing positive volume growth in 2023 (albeit smaller than seen in home video, the other category performing above 1% growth). This performance in headphones is attributed to consumers owning multiple sets of hea ... Read More
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Headphones in China
Headphones in China Headphones is the winner in consumer electronics in China in 2023, with the key subcategory of TWS earbuds seeing healthy volume sales after its double-digit slump in 2022. That said, growth is still smaller than seen in previous years, due to penetration of TWS earbuds having de ... Read More
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Home Audio and Cinema in Sweden
Home Audio and Cinema in Sweden Sales of home audio and cinema are in long-term decline and they continue to fall in 2023, with further declines expected over the forecast period. Most home audio and cinema products have long been considered redundant by most consumers and are largely now only appre ... Read More
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Consumer Electronics in Sweden
Consumer Electronics in Sweden Sales of consumer electronics continue to decline in retail volume terms in 2023 with high inflation and economic uncertainty continuing to negatively impact sales. With many households facing a drop in disposable income and with interest rate rises increasing the cost ... Read More
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