Category: Wearable Electronics
Wearable Electronics market research reports by Euromonitor International
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Wearable Electronics in Poland
Wearable Electronics in Poland Smart wearables are seeing continuous, strong growth in 2023. The growing focus on health and wellness is a significant driver for smart wearables in Poland. Consumers are increasingly interested in monitoring their physical activity, heart rate, sleep patterns, and ot ... Read More
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Wearable Electronics in the Czech Republic
Wearable Electronics in the Czech Republic Difficult macroeconomic conditions and a high level of sales in the previous year mostly resulted in retail volume decline in 2023. Sales of wearable electronics are closely linked to the sale of smartphones, which did not perform well either. Activity brac ... Read More
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Wearable Electronics in France
Wearable Electronics in France Wearable electronics is the best performing category in consumer electronics in France in 2023, albeit still in a small volume decline, with this being a notable slump following the positive sales seen in 2022. That said, much of this is attributed to an organic drop i ... Read More
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Wearable Electronics in Spain
Wearable Electronics in Spain Activity bands were popular at the start of the review period but these products have been declining at a double-digit pace in retail volume terms since the start of the pandemic, with this pattern strengthening in 2023. This trend is being driven in part by the fact th ... Read More
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Wearable Electronics in Colombia
Wearable Electronics in Colombia In 2023, wearable electronics is seeing modest growth in retail volume terms, thanks to the resumption of physical activities in gyms and public spaces post-pandemic. Wearables are now regarded as an important training aid and they can also track wellbeing. A multitu ... Read More
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Wearable Electronics in Egypt
Wearable Electronics in Egypt Wearable electronics is enjoying healthy growth in retail volume and current value terms in 2023. In the face of a weaker Egyptian pound and high inflation rates, average unit prices climbed by some 17% in 2022 and a further 14% in 2023. Import restrictions and foreign ... Read More
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Wearable Electronics in Chile
Wearable Electronics in Chile Wearable electronics in Chile is set to continue to see solid retail volume growth and dynamic current value growth in 2023, as consumer awareness and penetration increase. Despite seeing a deceleration of growth in 2022 and 2023 compared with the previous boom years, t ... Read More
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Wearable Electronics in Vietnam
Wearable Electronics in Vietnam Wearable electronics continues to see dynamic double-digit growth in retail volume terms in 2023, supported by rising health awareness among consumers and improving living standards. The COVID-19 pandemic provided further fuel to the growing health and wellness trend ... Read More
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Wearable Electronics in Nigeria
Wearable Electronics in Nigeria Wearables are expected to be the standout performer in 2023, registering double-digit volume growth and that is despite continuing high inflation and also significant currency devaluation, which is making imported products even more expensive. However, this growth is ... Read More
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Wearable Electronics in the Philippines
Wearable Electronics in the Philippines After seeing strong pandemic driven growth in 2021 and 2022, wearable electronics continues to see strong growth momentum in 2023 in retail volume terms. This dynamism stems from growing awareness of the importance of maintaining a healthy and active lifestyle ... Read More
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Wearable Electronics in Italy
Wearable Electronics in Italy With both the ageing of the population – and Italy already has one of the oldest populations in the world – and the general rise in consumer health consciousness, health monitoring has become one of the key features that smart watches have been equipped with. The focus ... Read More
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Wearable Electronics in Austria
Wearable Electronics in Austria Overall, wearable electronics is expected to continue to see retail volume growth over 2023. However, growth is projected to be slower than in 2022, and well below the increments seen in the early-to-mid-review period, when the category still basked in the breakthroug ... 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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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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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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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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Wearable Electronics in Hungary
Wearable Electronics in Hungary Activity watches (analogue) were increasingly popular and recorded the highest volume growth in 2023 as these products are readily available and consumers prefer them to other activity bands without displays and traditional watches as they offer health-tracking functi ... Read More
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Wearable Electronics in Japan
Wearable Electronics in Japan Wearable electronics saw strong volume growth due to the COVID-19 pandemic, and this has continued, with double-digit growth expected in 2023. Health consciousness amongst consumers has spiked since COVID-19, and from 2020 there has been a wide product range available, ... Read More
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Consumer Electronics: Half-Year Update H1 2023
Consumer Electronics: Half-Year Update H1 2023 Sales of consumer electronics were negatively impacted as consumers cut down on discretionary purchases as prices of electronics products escalated despite the economic uncertainties. Euromonitor International's Consumer Electronics: Half-Year Update H1 ... Read More
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Wearable Electronics in China
Wearable Electronics in China Wearable electronics is set to post positive single-digit growth in volume terms in 2022. Despite the fact that large-scale lockdowns and COVID-19 control measures have led to massive outlet closures, wearable electronics has been almost immune to the distribution shock ... Read More
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Traditional and Connected Watches in Argentina
Traditional and Connected Watches in Argentina High watches has seen triple-digit growth in current value terms in 2022, while also continuing to see growth in retail volume terms. One of the important growth drivers for high watches was that they were being sold at the cost of the official dollar, ... Read More
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Wearable Electronics in Australia
Wearable Electronics in Australia Wearable electronics received a boost during the pandemic, as consumers became more aware of the value of health and wellbeing. With features such as the ability to track steps, heart rate, and overall physical activity, these devices supported consumers’ desire to ... Read More
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Wearable Electronics in Sweden
Wearable Electronics in Sweden The harsh realities of the COVID-19 pandemic have led to increased awareness of the importance of health monitoring and exercise routines among local consumers and towards the end of the review period this boosted retail volume sales of wearable electronics. Furthermor ... Read More
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Wearable Electronics in South Africa
Wearable Electronics in South Africa Wearable electronics is predicted to record healthy sales growth in 2022, driven largely by increasing penetration of smart wearables in South Africa. While demand for these devices slowed in 2020, as consumers were confined to their homes during lockdown, the ca ... Read More
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