Sales of home audio and cinema continue to decline in 2023, with consumers returning to their pre-pandemic lifestyle routines. Demand for home cinema and speaker systems saw strong growth during 2020 and 2021 largely due to enforced home seclusion with consumers showing a willingness to invest in products which could improve the experience of watching television and films. However, this growth momentum was not sustained in 2022 as consumers started to spend less time at home with this pattern co...
Euromonitor International's Home Audio and Cinema in Australia report offers a comprehensive guide to the size and shape of the in-home, portable and in-car consumer electronics products markets at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Product coverage: Audio Separates, Digital Media Player Docks, Hi-Fi Systems, Home Cinema and Speaker Systems, Other Home Audio and Cinema, Speakers.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Home Audio and Cinema market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Home Audio and Cinema in Australia
Euromonitor International
August 2023
List Of Contents And Tables
HOME AUDIO AND CINEMA IN AUSTRALIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Sales slump with less time at home and less money in consumers’ pockets
Vinyl players find some appeal among music enthusiasts
Soundbars benefiting from new innovations
PROSPECTS AND OPPORTUNITIES
Soundbars still seen to have room to grow
New product development and innovation will be key as competition heats up
Home audio and cinema expected to lose mass appeal with a growing focus on niche groups and more serious audiophiles
CATEGORY DATA
Table 1 Sales of Home Audio and Cinema by Category: Volume 2018-2023
Table 2 Sales of Home Audio and Cinema by Category: Value 2018-2023
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2018-2023
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2019-2023
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2020-2023
Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2019-2023
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2023-2028
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2023-2028
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2023-2028
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2023-2028
CONSUMER ELECTRONICS IN AUSTRALIA
EXECUTIVE SUMMARY
Consumer electronics in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for consumer electronics?
MARKET DATA
Table 12 Sales of Consumer Electronics by Category: Volume 2018-2023
Table 13 Sales of Consumer Electronics by Category: Value 2018-2023
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2018-2023
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2018-2023
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2019-2023