Category: Consumer Electronics
Consumer Electronics market research reports by Euromonitor International
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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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Competitor Strategies in Consumer Electronics
Competitor Strategies in Consumer Electronics The global consumer electronics market is projected to grow more than 23% over the forecast period driven by consumers upgrading, especially those in developing regions and middle-income households. Manufacturers are also driving innovation while still m ... 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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Traditional and Connected Watches in Australia
Traditional and Connected Watches in Australia In 2023, traditional watches is set to witness a stronger decline in volume sales and slower growth in current value terms than in the previous year in Australia. This deceleration can be attributed to consumers curtailing their spending on discretionar ... Read More
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Consumer Appliances in Vietnam
Consumer Appliances in Vietnam Government forecasts indicate a positive GDP growth for Vietnam across 2023, with a gradual decline in the average monthly Consumer Price Index (CPI), which is a good sign regarding stabilisation of inflation. The government in Vietnam aims to keep interest rates low t ... 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 Appliances in Romania
Consumer Appliances in Romania Inflation remains a key factor for consumer appliances in Romania in 2023, as consumers’ purchasing power continues to be affected by these economic pressures. In this context, volume sales of major appliances remain low, as many consumers are postponing their big-tick ... 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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Home Video in India
Home Video in India In 2023, the home video category in India continues to grow in retail volume and current value terms, mainly due to the rising adoption of internet-enabled smart TVs. Factors such as increased affordability, rising internet penetration, the rollout of 5G networks and greater use ... 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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Video Games in South Africa
Video Games in South Africa Video games continued to see dynamic growth in current value terms in 2022 as consumers continued to seek entertainment options whilst spending time at home. The category also continued to benefit from the dynamic growth of next-generation consoles, PlayStation 5 and Xbox ... Read More
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Home Video in Germany
Home Video in Germany Home video is set to show negative developments in both volume and current value terms across almost all product categories in 2023. Sales of LCD TVs, which includes LED and QLED devices, are expected to experience volume and value declines in this year. This is mainly due to s ... Read More
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Wearable Electronics in Germany
Wearable Electronics in Germany Wearable electronics have proven to be versatile in their various functions in the daily lives of many consumers, providing a configurable, simple, and affordable tracker for basic physical conditions through their easy connection to smartphones. However, wearable ele ... Read More