Category: General Consumer Electronics
General Consumer Electronics market research reports by Euromonitor International
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Morocco Consumer Electronics
Consumer Electronics in Morocco It is expected to be a negative picture for consumers electronics in Morocco in 2024, with overall volume sales expected to fall. A poor performance from mobile phones drags down growth, as mobile phones are by far the most popular consumer electronic. An increase in ... Read More
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Nigeria Consumer Electronics
Consumer Electronics in Nigeria Consumer electronics in Nigeria have been negatively impacted in 2024 due to economic challenges affecting consumers' purchasing power. High inflation has led consumers to shift towards more affordable goods, while some have extended the replacement cycle of non-essen ... Read More
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South Korea Consumer Electronics
Consumer Electronics in South Korea Following a two-year period of decline, the market for consumer electronics in South Korea is expected to see positive growth in retail volume terms in 2024. This will be assisted by an expected fall in the annual rate of inflation, having hit a decade-high level ... Read More
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Italy Consumer Electronics
Consumer Electronics in Italy Consumer electronics remains in a volume decline in Italy in 2024, albeit at a less steep rate than seen in 2023. Meanwhile, value sales manage to inch back into positive growth, thanks to inflationary pressures pushing up unit prices. Considering these high prices, man ... Read More
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Israel Consumer Electronics
Consumer Electronics in Israel The Israeli economy saw a significant dip over the last quarter of 2023, dropping by nearly 20% according to the Bank of Israel. In line with most of 2023, the Israeli Government sought to get inflation under control, which by the end of 2023 saw a drop to just under 3 ... Read More
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Portugal Consumer Electronics
Consumer Electronics in Portugal Portable consumer electronics, including smartphones, wearables, and headphones, performed well in 2024. This growth was driven by the premiumisation trend, which sees local consumers opt for higher-end models with advanced features. Euromonitor International's Consu ... Read More
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Saudi Arabia Consumer Electronics
Consumer Electronics in Saudi Arabia Consumer electronics in Saudi Arabia is positively impacted by rising GDP and growing consumer confidence, supporting an upbeat performance in volume and current value growth. It is one of the fastest growing industries in the country underpinned by digitalisatio ... Read More
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Indonesia Consumer Electronics
Consumer Electronics in Indonesia Consumer electronics is on the brink of a promising rebound in 2024, spurred by a resurgence in Indonesia’s economic activity, which is supporting the rebound in retail volume sales. This revival is heavily influenced by the twin forces of rapid urbanisation and an ... Read More
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Turkey Consumer Electronics
Consumer Electronics in Turkey In 2024, consumer electronics in Turkey is projected to experience a lower volume growth compared to the review period CAGR. This anticipated slowdown follows a period of robust positive growth. In 2023, consumers pre-emptively purchased electronics in anticipation of ... Read More
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Sweden Consumer Electronics
Consumer Electronics in Sweden The decline in the volume sales of consumer electronics in Sweden moderated in the first months of 2024 following a steep drop in 2023. However, current volumes remain significantly below the levels recorded during the review period. Interest rate hikes implemented in ... Read More
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Thailand Consumer Electronics
Consumer Electronics in Thailand Retail sales of consumer electronics in Thailand are expected to contract at a modest rate in volume terms in 2023, following a more significant decline in the previous year. Despite an anticipated rebound in the domestic economy, assisted by the recovery of internat ... Read More
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Poland Consumer Electronics
Consumer Electronics in Poland After two years of volume decline, the picture is expected to be more positive for consumer electronics in Poland in 2024, with volume sales rising slightly. Economic indicators are improving and inflation is also easing. As such, constant value sales are also expected ... Read More
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France Consumer Electronics
Consumer Electronics in France Consumer electronics in France continues to struggle in 2024, as sales rebalance after the atypical spikes during the era of the pandemic lockdowns. During this time, many consumers invested in in-home entertainment, thus negatively impacting volumes sold in the follow ... Read More
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Mexico Consumer Electronics
Consumer Electronics in Mexico The level of competition in consumer electronics in Mexico is strong, with a variety of national and international manufacturers competing for consumers' attention and spending. Increasingly, players are offering models with features and prices that are adapted to meet ... Read More
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Malaysia Consumer Electronics
Consumer Electronics in Malaysia Consumer electronics in Malaysia continues to be affected by inflation at the end of the review period. Indeed, the rate of inflation in 2024 is set to be marginally higher than in 2023, but lower than in 2022. The annual inflation rate for food and non-alcoholic bev ... Read More
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Romania Consumer Electronics
Consumer Electronics in Romania After two years of volume decline, the picture is expected to be more positive for consumer electronics in Romania in 2024, with volume sales unchanged. Economic indicators are improving and inflation is also easing. As such, constant value sales are expected to rise ... Read More
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Norway Consumer Electronics
Consumer Electronics in Norway The picture still continues to be muted in Norway for consumer electronics, with overall volume sales expected to fall. That being said, the decline is less than the previous year, and economic indicators are improving and inflation is also easing. Also, while volume s ... Read More
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The Netherlands Consumer Electronics
Consumer Electronics in the Netherlands The picture still continues to be muted in the Netherland for consumer electronics, with overall volume sales expected to fall marginally. That being said, the decline is less than the previous year, and economic indicators are improving and inflation is also ... Read More
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The Philippines Consumer Electronics
Consumer Electronics in the Philippines Consumer electronics in the Philippines is experiencing recovery in 2024 as it sees the strongest volume growth since the start of the pandemic. While high inflation and interest rates still affect consumer confidence, many consumers are starting to spend more ... Read More
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Egypt Consumer Electronics
Consumer Electronics in Egypt Consumer electronics in Egypt has continued to experience a decline in sales volume since 2022 due to repeated sharp currency devaluations and import restrictions imposed by the government on most types of consumer electronics. These measures aim to reduce Egypt’s trade ... Read More
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The Czech Republic Consumer Electronics
Consumer Electronics in the Czech Republic The Russian invasion of Ukraine has derailed economic recovery and further disrupted the growth of real wages in the Czech Republic in 2024. Real GDP growth slumped, mainly reflecting a decline in household consumption amidst deteriorating consumer sentimen ... Read More
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Ukraine Consumer Electronics
Consumer Electronics in Ukraine Consumer electronics in Ukraine grew in both volume and current value terms in 2024, recovering and surpassing pre-war levels. This is the result of local consumers becoming accustomed to the new realities of life, resettling and seeking to equip their new spaces with ... Read More
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Argentina Consumer Electronics
Consumer Electronics in Argentina Consumer electronics in Argentina saw a significant decline in sales volume in the first half of 2024. Despite a gradual recovery later in the year, it will be insufficient to counterbalance the earlier losses. Euromonitor International's Consumer Electronics in Arg ... Read More
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Greece Consumer Electronics
Consumer Electronics in Greece Inflationary pressures continue to take their toll on discretionary spending in 2024 and this has had an impact upon the performance of consumer electronics in Greece. Furthermore, the government’s green scheme for replacing air conditioners and refrigeration appliance ... Read More
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Hungary Consumer Electronics
Consumer Electronics in Hungary The economic situation in Hungary is marked by higher interest rates and lower inflation in 2024, although price increases still remain prevalent in consumer electronics. Consumers are under pressure to prioritise essential products needed for everyday use and chose t ... Read More
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