Sales of appliances and electronics specialists are expected to continue to grow in the forecast period, but at low levels, since the economic situation is likely to remain challenging, with low growth and little dynamism in commercial activity. In addition, the forecast period is expected to see ongoing political uncertainty, so that purchases of appliances and electronics will continue to have low priority and consumers will continue to be cautious in their purchases, especially those involving higher levels of investment.
Regarding physical stores, there is a trend of cautious management in every sense, with a clear financial focus that ensures that each store is profitable and efficient. In this sense, the opening of new stores would continue to be very cautious, looking for the right location to attract customers that allows the operation to be profitable, and that, at the same time, allows the store to fulfil a more comprehensive function.
Financing is a sensitive area for appliances and electronics specialists because a few years ago it was a service provided directly by specialist stores to customers, especially for those who were not banked. For these consumers, such facilities often provide the only option that they had to buy an appliance or electronic product, since they are not subjects of credit in other financial entities, and that is why it is highly valued by the clients of these retailers.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Peru 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 Peru, 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 Definitions
This report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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