Australia went into lockdown in March 2020, with consumer electronics being among the first industries to be impacted. Due to earlier lockdowns in China, Australia was faced with significant disruptions in the supply chain, affecting stock levels across the country. Mobile phones have been impacted due to the combination of delayed shipments...
Wireless Audio Device Market Research Report by Product (Sound Bar, Wireless Headsets, Wireless Microphones, and Wireless Speaker System), by Technology (Airplay, Bluetooth, and Wi-Fi), by End User - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market sizing and...
The pandemic’s disruption to businesses in the industry and the subsequent heavy reduction in consumers’ disposable income have taken their toll on sales of consumer electronics in 2020. Mandatory closures in the key channel of electronics and appliance specialist retailers have led to huge losses in store-based revenue for players in the...
During 2020, consumer electronics is expected to see a marginally faster growth rate than in the previous three years. This will be due to the higher volume growth in categories such as computers, home audio and cinema and televisions, as well as the continued strong (although slower) growth of wireless speakers and wearable electronics. Consumer...
The global market for industrial films is expected to register a CAGR of over 29.24% during the forecast period. The major factor driving the market studied is the increasing demand for speakers and headphones. - The global demand for smart speakers is growing at an exponential rate, owing to the growing access to smartphones and high-speed...
With Germany still riding out the COVID-19 pandemic, the current assessment is that its impact is relatively mixed, but ultimately negative, following the soft lockdown from mid-March to late April 2020. COVID-19 serves as both as a reason for decline and driver for pockets of growth for certain products. Consumer Electronics in Germany...
After having posted its best all-round results for some time in 2019, consumer electronics in Greece is expected to see total volume and current value sales decline in 2020. COVID-19 has plunged the struggling Greek economy into a steep recession and prompted further belt-tightening among consumers, many of whom were already experiencing financial...
Overall demand for consumer electronics was down in Q2 compared to its stronger performance in 2019 for several reasons as lockdown measures were introduced in March in response to COVID-19 in Egypt. Increasing pressure on disposable incomes due to employment concerns resulted in greater discretionary spending, with many Egyptians prioritising...
The outbreak of COVID-19 in the United Arab Emirates resulted in various curfew regulations, store closures, lockdowns and working limitations. As a result, 2020 is set to see a slowdown in economic activity, with volume growth for consumer electronics, predicted to decline by 1% in 2020, compared to growth of 3% in 2019. The COVID-19 restrictions...
For the most part, in 2020 there has been only a marginal impact on volume sales of consumer electronics by the impact of COVID-19, with volume sales growth likely to be little changed from prior year. Although there were store closures early in the year which limited access to various items, this has been offset somewhat by more consumers...