Category: Consumer Electronics
Consumer Electronics market research reports by Euromonitor International
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Headphones in Hungary
Headphones in Hungary Whilst premium wireless headbands were popular during COVID-19 as they had more convenient features for both work and gaming, high inflation and rising prices deterred consumers from paying extra for them in 2023, therefore mass products performed better than their premium coun ... Read More
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Headphones in Malaysia
Headphones in Malaysia Headphones saw positive growth in constant value terms in 2023, despite consumer concerns about the cost of living. Increased smartphone use for streaming audio and video content was a key driver of this trend, in addition to the ongoing prevalence of home working. TWS earbuds ... Read More
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Home Audio and Cinema in Nigeria
Home Audio and Cinema in Nigeria Home audio and cinema is expected to register a fall in volume sales in 2023. Continued high inflation, as well as a significant devaluation of the naira, is expected to reduce consumer purchasing power further. As a result, consumers focus on essentials. Also, curre ... Read More
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Imaging Devices in Nigeria
Imaging Devices in Nigeria Several factors are expected to lead to a double-digit volume decline in imaging devices. Continuing elevated inflation and significant currency devaluation has reduced consumer purchasing power and in particular has made imported product more expensive. In addition, conti ... Read More
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Home Video in the Philippines
Home Video in the Philippines Sales of LCD TVs are declining in retail volume terms in 2023 as consumers are now spending more time outdoors again with COVID-19 restrictions having been fully lifted. Most purchases are coming from consumers looking to upgrade to larger LCD TVs or smart TVs, but many ... Read More
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Consumer Electronics in Vietnam
Consumer Electronics in Vietnam Overall, sales of consumer electronics have seen a return to growth in retail volume terms in Vietnam in 2023 after a steep decline in the previous year. However, the results within the different categories are mixed. With COVID-19 restrictions now lifted and consumer ... Read More
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Consumer Electronics in France
Consumer Electronics in France Consumer electronics in France continues to face challenges in 2023. Firstly, due to the COVID-19 pandemic, we saw sales spikes during the lockdown period as consumers invested in in-home entertainment. As a result, the penetration rate for most products has reached a ... Read More
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Consumer Electronics in the United Arab Emirates
Consumer Electronics in the United Arab Emirates Demand for consumer electronics in the United Arab Emirates continues to grow, albeit at a marginally slower pace compared to the previous year. On the other hand, current value sales continue to record more dynamic growth in 2023, primarily due to pr ... Read More
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Consumer Electronics in Turkey
Consumer Electronics in Turkey Consumer electronics in Turkey is registering weaker retail volume growth in 2023, compared to 2022 levels, with sales of headphones, wearable electronics and wireless speakers the main driver of volume sales. The year 2023 is proving difficult for the country and its ... Read More
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Home Video in the United Kingdom
Home Video in the United Kingdom After a surge in demand in 2020 as a result of the pandemic and subsequent lockdowns, retail volume sales of televisions have been declining. However, the rate of decline in 2023 is much lower compared to the previous two years. One of the more positive factors is th ... Read More
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In-Car Entertainment in the United Kingdom
In-Car Entertainment in the United Kingdom In-car entertainment continues to face various challenges in 2023. First of all, most new models of cars offer built-in navigation, high-quality sound systems and media players. This is especially true of electric vehicles, which are driving growth in produ ... Read More
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Wearable Electronics in the United Kingdom
Wearable Electronics in the United Kingdom Demand for wearable electronics continues to rise 2023 despite high inflation and the increasing cost of living in the UK, which is negatively impacting consumers’ disposable incomes and therefore, their purchasing decisions. However, this growth is attribu ... Read More
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Wearable Electronics in the United Arab Emirates
Wearable Electronics in the United Arab Emirates The United Arab Emirates continues to witness the significant surge in demand for wearable electronics in 2023, due to the growing emphasis on health and wellness. As local consumers increasingly prioritise their wellbeing, it particularly boosts furt ... Read More
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Home Audio and Cinema in Austria
Home Audio and Cinema in Austria With some respite in some categories, such as hi-fi systems, home cinema and speaker systems, speakers, and “other” home audio and cinema, due to the fall back on the home for entertainment in the wake of the Coronavirus (COVID-19) pandemic, home audio and cinema is ... Read More
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In-Car Entertainment in Colombia
In-Car Entertainment in Colombia In-car entertainment in Colombia is seeing double-digit volume decline in 2023 as these products become ever more obsolete as the technology and functionality of smartphones improves. Most smartphones currently available have a preinstalled navigation system boasting ... Read More
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Headphones in Austria
Headphones in Austria Over 2023, headphones retail volume sales are expected to continue to grow, albeit at a slower rate as the transition to cordless models becomes more advanced. The main category, TWS earbuds, is set to remain the key growth driver. Indeed, in 2023, only TWS earbuds is projected ... Read More
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Wearable Electronics in Malaysia
Wearable Electronics in Malaysia Retail sales of wearable electronics saw a dynamic performance in both volume and constant value terms in 2023, continuing the trend of the previous year. This came in spite of inflationary pressures, which had a negative impact on discretionary spending. Consumers a ... Read More
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Home Audio and Cinema in Turkey
Home Audio and Cinema in Turkey Retail volume sales of home audio and cinema continues to decline in 2023. Hi-fi systems and digital media player docks are increasingly unpopular among the Turkish population and are considered outdated. This sector is also challenged by the presence of high technolo ... Read More
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Wearable Electronics in Turkey
Wearable Electronics in Turkey In 2023, wearable electronics demonstrated positive volume growth albeit at a lower rate than was achieved in the previous year. The economic crisis in the country, along with the major earthquake that hit the country in February 2023, were the main reasons for weaker ... Read More
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Headphones in Chile
Headphones in Chile Headphones is set to return to minimal growth in 2023, after seeing a slight retail volume decline in 2022, although continuous growth has been seen in current value terms due to price rises. The strong positive volume performance during the pandemic has affected the replacement ... Read More
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Wearable Electronics in the US
Wearable Electronics in the US During 2023, wearable electronics generated slightly negative retail volume sales growth, with this representing the first time that demand has contracted since the onset of the COVID-19 pandemic. However, value sales continued to rise in current price terms as price i ... Read More
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Home Video in Colombia
Home Video in Colombia Retail volume sales of home video declined in 2023, as local consumers faced significant constraints on household spending in the wake of rising inflation and low economic growth. Additionally, in the 12 months from March 2022 to March 2023, the Colombian peso was devalued alm ... Read More
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Imaging Devices in Turkey
Imaging Devices in Turkey In 2023, imaging devices are witnessing strong volume decline as part of a continuing trend that emerged over the review period. One of the major contributory factors to this weak performance is the very high ownership of smartphones with advanced camera lenses and video re ... Read More
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Consumer Electronics in Austria
Consumer Electronics in Austria Price increases remained noticeably high in many categories towards the end of the review period. This is the main reason consumer electronics is projected to see only a slight drop in retail value sales, at least in current terms, over 2023, with many categories set ... Read More
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Consumer Electronics in Spain
Consumer Electronics in Spain Consumer electronics experienced an overall decline in retail volume sales in 2022 with this pattern continuing in 2023 across nearly all categories. The economic downturn in 2022 alongside high inflation and rising energy prices continues to have an impact on consumer ... Read More
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