Consumer electronics continued to decline in retail volume terms in 2019. However, within this, individual categories saw very different performances. Declining volumes were mostly seen in more mature categories lacking innovation, such as in-car entertainment and home audio and cinema. Meanwhile, premium, innovative and successful products,...
Retail volume growth slowed in 2018 due to the renegotiation of the North American Free Trade Agreement (NAFTA) which impacted rules for the importing of consumer electronics. Furthermore, an unfavourable exchange rate resulted in price rises for many products. The situation in 2019 was more stable with key areas such as smartphones, wireless...
New product innovation is crucial in driving what is a saturated market. Recent launches like smart wearables, wireless speakers with voice assistants and activity wearables have been steadily picking up momentum, driving growth in the industry. Meanwhile, smartphones continue to enjoy positive growth as continuous cutting-edge development...
This is a time of potentially significant transition for the Japanese consumer electronics market. The end of the review period witnessed changes to legislation relating to the deals telecom operators are able to offer on tablets and mobile phones, as well as initial trialling of 5G networks, which are set to be rolled out nationwide in 2020. ...
In 2018, VAT of 5% was introduced across the United Arab Emirates. The consumer electronics market in United Arab Emirates therefore witnessed slower volume growth across most of the categories in 2018 as a significant number of consumers in the United Arab Emirates postponed their purchases, as uncertainty remained high. Consumer...
In 2019, Germany’s consumer electronics industry recorded a volume decline. Current value growth slowed in 2019, despite average unit price growth increasing slightly. Volume sales are expected to decline and current value sales to stagnate year-on-year in the forecast period unless there is any significant new disruptive innovation in the...
In 2019, consumer electronics is seeing the slowest current value growth of the review period. With incomes having risen during the review period, consumers were better able to afford these items, especially with a wide range of promotional offers and financial assistance packages being on offer. As such, the demand for consumer electronics...
Consumer electronics recorded an improved performance in both retail volume terms and current value terms in 2019 compared to the previous year, supported by a number of categories that are increasingly offering consumers convenience, innovation and multifunctionality. Consumer Electronics in Australia report offers a comprehensive...
Consumer electronics continued to decline in 2019 driven in part by the prevailing economic uncertainty. Another factor is the decluttering of households with many consumers looking to reduce the amount of consumer electronics in their home. While this has negatively impacted some categories it has also benefited others such as wireless speakers,...
Consumer electronics continued to record retail volume and current value growth in 2019, although to a lesser extent than in the previous year. This upward trend is expected to continue over the forecast period, as technology advances further and new products adapting to changing lifestyles emerge. Growth in 2019 was led primarily by portable...