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...
COVID-19 has had a minor negative impact on consumer electronics, stemming from both supply side disruptions and changes in demand patterns. Consumer Electronics in Singapore 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 Coronavirus (COVID-19) crisis is seriously threatening the Romanian economy and influencing the demand for consumer electronics. The depreciation of the national currency, supply chain disruptions, restrictions on distribution channels, diminishing purchasing power and price increases have forced many consumers to postpone purchases of...
The outbreak of COVID-19 in Argentina is predicted to negatively impact consumer electronics, with an overall volume decline of 20% expected for 2020. Home video, home audio and cinema and imaging devices are the areas set to record the most significant reduction in growth. Consumer Electronics in Argentina report offers a comprehensive...
The Covid-19 epidemic and the measures introduced in 2020 to control and reduce infection rates are set to lead to a steeper decline in unit sales in 2020 than witnessed over the previous year. The Kingdom introduced various curfew regulations which led to a slowdown in economic activity. Consumer Electronics in Saudi Arabia report...
Several categories within consumer electronics have been on a downward journey for much of the review period, and the outbreak of COVID-19 is serving to hasten their decline as consumers face job losses and reduced purchasing power. An increase in remote working and online education, due to early office closures and school shutdowns, meant...
The outbreak of COVID-19 in Norway is expected to lead to a decline in volume growth of 10% for consumer electronics, compared to a decline of 2% recorded in 2019. The areas set to be impacted the most are portable players, home audio and cinema and in-car entertainment; all of which are predicted to record a double-digit decline in volume...
The economic impact of both COVID-19 and social unrest in Hong Kong resulted in shrinking disposable incomes and consumers being extremely cautious about spending in 2020. Sales of consumer electronics are consequently expected to record double-digit volume decline in the year. Home audio and cinema, home video, in-car entertainment and smartphones...
The Indian consumer electronics market is expected to see a marked fall in volumes in 2020 as measures to contain the COVID-19 pandemic lead to the closure of non-essential retail outlets, disruption to production, and home seclusion, as well as reduced consumer confidence and spending power. The lack of car sales and reduced opportunities...
Japan has not been as hard hit by COVID-19 as many other countries, with per capita rates of infection significantly lower than in the US or Europe. Nonetheless, it is still having a significant impact on the market. Following government advice most consumers attempted to limit their time outside of the home during the state of emergency,...