Category: Consumer Electronics
Consumer Electronics market research reports by Euromonitor International
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Video Games in France
Video Games in France Video games was the big winner in France in 2023, supported by the significant rebound in video games hardware sales, which successfully resolved supply chain challenges previously encountered with static consoles. Moreover, a surge in volume sales helped offset inventory issue ... Read More
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China Video Games
Video Games in China In 2023, video games in China exhibited a strong rebound, with a double-digit growth rate in current value terms. This resurgence can be attributed to several key factors. First, the normalisation of new game licenses in 2023 injected new vitality into the category, removing the ... Read More
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Spain Video Games
Video Games in Spain In 2023, video games in Spain saw a significant shift in the static console market after years of negative growth. Nintendo Switch had previously dominated, but this changed with the resolution of stock issues for PlayStation (PS). The introduction of the PS5 during the review p ... Read More
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Malaysia Video Games
Video Games in Malaysia Overall, video games saw current value growth in Malaysia in 2023. Sony’s PS4 and PS5 contributed to significant volume sales in static consoles in 2023, with sales supported by PS5 stock availability and also the availability of the newer version, PS5 slim model with detacha ... Read More
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The US Video Games
Video Games in the US In 2023, video games in the US saw insignificant current value growth. Nevertheless, video games software saw a stronger performance, and 2023 will go down in history as one of the biggest years for video games software. Major series titles such as Baldur’s Gate 3, Diablo 4, Al ... Read More
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Appliances and Electronics Specialists in Germany
Appliances and Electronics Specialists in Germany Despite a recovery to pre-pandemic value sales levels in 2022, driven by high inflation and pent-up demand for in-store shopping as mobility restrictions eased, appliances and electronics specialists in Germany returned to decline in 2023. This was i ... Read More
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Appliances and Electronics Specialists in the US
Appliances and Electronics Specialists in the US 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 purchase ... Read More
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Appliances and Electronics Specialists in Mexico
Appliances and Electronics Specialists in Mexico In 2023, appliances and electronics specialists in Mexico registered a positive growth rate in current value terms for a third consecutive year. Despite the end of pandemic, and with many workers still working on an hybrid basis, the demand for produc ... Read More
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Appliances and Electronics Specialists in Hong Kong, China
Appliances and Electronics Specialists in Hong Kong, China After the disruptions to value sales during the 2019 protests and pandemic in 2020, appliances and electronics specialists returned to current value growth in Hong Kong in 2021 and 2022. However, in 2023 appliances and electronics specialist ... Read More
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Appliances and Electronics Specialists in Finland
Appliances and Electronics Specialists in Finland Appliances and electronics specialists in Finland witnessed further decline in 2023, in volume and current value terms, as the economy fell into recession. Sales of ovens, cooktops and furniture-covered appliances were most affected as consumers were ... Read More
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Appliances and Electronics Specialists in Denmark
Appliances and Electronics Specialists in Denmark Appliances and electronics specialists continued to see declining sales in Denmark in 2023 for a number of reasons. First of all, the category had seen strong growth during the COVID-19 crisis on the back of consumers turning their attention to their ... Read More
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Appliances and Electronics Specialists in Romania
Appliances and Electronics Specialists in Romania Following strong growth during COVID-19, in 2023, appliances and electronics specialists in Romania registered a downward trend. For larger appliances, sales were sustained in 2023 as consumers applied for vouchers through a scrappage scheme, driving ... Read More
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Traditional and Connected Watches in Germany
Traditional and Connected Watches in Germany In 2023, analogue quartz watches took a prominent position in Germany’s market, seamlessly integrating traditional craftsmanship with technological advances. These timepieces blend classic aesthetics with up-to-date design elements, particularly evident i ... Read More
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Appliances and Electronics Specialists in Norway
Appliances and Electronics Specialists in Norway Appliances and electronics in Norway registered an uplift in value sales in 2023, largely due to inflationary pressures, which pushed up retail prices. Consumer demand weakened as interest rate hikes took hold, whilst the weak currency led to higher i ... Read More
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Appliances and Electronics Specialists in Taiwan
Appliances and Electronics Specialists in Taiwan Appliances and electronics specialists in Taiwan witnessed a fluctuating trajectory in 2023, shaped significantly by seasonal sales trends. While the pandemic-induced surge in demand for remote working and online schooling propelled sales of personal ... Read More
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Appliances and Electronics Specialists in South Africa
Appliances and Electronics Specialists in South Africa In 2023, sales via appliances and electronics specialists in South Africa were mainly driven by high inflation and currency depreciation, which directly influenced prices. The channel was also affected by lower demand from cash-strapped consumer ... Read More
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Appliances and Electronics Specialists in the United Arab Emirates
Appliances and Electronics Specialists in the United Arab Emirates Consumers in the United Arab Emirates are increasingly seeking appliances and electronics with smart features and connectivity, driving growth of products such as smart TVs, AI-powered washing machines, and connected refrigerators. L ... Read More
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Traditional and Connected Watches in Brazil
Traditional and Connected Watches in Brazil In traditional and connected watches in Brazil, the year 2023 unfolded against the backdrop of a recovering yet nuanced economic and social environment. As the country grappled with the aftermath of pandemic-induced uncertainties, the category reflected th ... Read More
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Extended Reality (XR) Reinventing the Customer’s Experience
Extended Reality (XR) Reinventing the Customer’s Experience As consumers spend more time online, businesses need to utilise XR to offer a more innovative and captivating experience to engage with their customers or risk losing them (online and offline). Euromonitor International's Extended Reality ( ... Read More
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Video Games in Switzerland
Video Games in Switzerland The Swiss video game industry is expanding and evolving, boosted by technological advancements, a growing gaming audience, and the introduction of next-generation consoles such as the PlayStation 5 and Xbox Series X/S. These consoles provide gamers with a cross-platform ga ... Read More
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Consumer Electronics in India
Consumer Electronics in India Consumer electronics witnessed solid retail volume and current value growth in 2023, although performances varied across different categories. While in-home and portable consumer electronics fared well due to robust growth in True Wireless Stereo (TWS) earbuds and activ ... Read More
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Imaging Devices in India
Imaging Devices in India Retail volume sales of digital cameras and digital camcorders continue to decline in 2023, due to rising smartphone penetration and weak macroeconomic factors. Imaging devices are being purchased by consumers interested in documenting events, such as weddings and travels, wh ... Read More
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Wearable Electronics in India
Wearable Electronics in India Wearable electronics in India continues to experience robust growth, driven by falling unit prices, technological advancements and growing consumer awareness of health and wellness. Intense competition among existing players and new entrants has given rise to aggressive ... 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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