The Western European computers and peripherals market recorded its strongest growth for many years in 2020 due to Coronavirus (COVID-19). Further modest growth is expected in 2021, before these products return to recording annually declining sales rates, as had been seen throughout most of the historic period. While desktops and tablets will continue struggling, laptops and monitors will be the best performers over the forecast period.
This report comes in PPT.
The Western European computers and peripherals market was in decline throughout the earlier years of the historic period. Computers and peripherals have high penetration and replacement rates in a number of countries in the region, with some (eg tablets) increasingly being superseded by replacement products (smartphones).
With people in lockdown and needing to work and study from home due to the presence of COVID-19 in the region, many people needed to buy computers and peripherals for use at home. This resulted in dynamic growth in 2020, with all areas of the market recording better performances year on year. Although many people had already sorted out their needs for home working/learning, as well as for gaming, during 2020, with COVID-19 restrictions still present going into the new year, 2021 will also see a better-than-average performance.
E-commerce sales – already on an upward curve – recorded very strong growth in 2020, with consumers locked down at home and non-essential retail outlets unable to open for extended periods. E-commerce is expected to keep its year-earlier gains in 2021, continuing to be the biggest distribution channel in the region, with shares of upwards of 60% in some countries (Netherlands, Norway).
With so many consumers having bought computers and peripherals during 2020 and, to a lesser extent, 2021, there will be fewer replacement purchases during the forecast period. The relaxation of travel restrictions and the resumption of previous leisure and work routines are also likely to see consumers spending less money on products like computers and peripherals – with the market returning to recording annual sales declines from 2022.
Consumer Electronics refers to the sales of Computers and Peripherals, In-Home Consumer Electronics, In-Car Entertainment and Portable Consumer Electronics to the end consumer.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!