After seeing a negligible current value decline in 2022, appliances and electronics specialists is set to return to slow growth throughout the forecast period, extending the gains made during the pandemic. This is a notable achievement, given the expectation of a continued decline in outlet numbers.
The battle between e-commerce and offline is expected to continue for appliances and electronics in the forecast period. Although consumer appliances and consumer electronics e-commerce are set to see higher growth rates than appliances and electronics specialists, this is only marginal.
Although hypermarkets proved to be a strong competitor against many non-grocery retailers during the pandemic, the threat from hypermarkets is limited, and this channel is unlikely to gain strong traction against appliances and electronics specialists in the forecast period. For one thing, the small number of hypermarket outlets in Norway (only 31, compared with the 100+ of Elkjøp and Power, and the 70 of Elon) means that visiting a hypermarket is less convenient than visiting appliances and electronics specialists.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Norway with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Appliances and Electronics Specialists industry in Norway, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Appliances and electronics specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: domestic electrical appliances, consumer electronics (including mobile phones), and/or computers and peripherals. Appliances and electronics specialists value sales excludes revenues derived from telecoms service plans and top-up cards. Example brands include Apple, Best Buy, and Gome.
See All of Our DefinitionsThis report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!