Consumer Electronics

The global economy is facing weaker growth and increasing fragmentation, as a result of rising geopolitical tensions, especially due to the war in Ukraine and the US-China strategic rivalry. Protectionism, industrial policy and a focus on resilience…

In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…

Wearable electronics experienced modest growth in retail volume terms in 2023. Demand continued to be impacted by a high rate of inflation, at least during the first half of the year, which led to more guarded discretionary spending. Continuing the…

Retail volume sales of portable players increased in 2023, thanks to better economic conditions, which impacted positively on discretionary consumer spending. Wireless speakers were the key beneficiary of this trend, with a growing demand for these…

Retail volume sales of smartphones saw a marginal decline in 2023, although this represented an improvement over the previous year. In 2022, the high rate of inflation had negative impact on discretionary spending, and this trend continued into the…

Ongoing challenges in the car market hampered growth in in-car entertainment in Canada in 2023. New vehicle prices remained higher than before the pandemic, due to lingering supply chain issues, exacerbated by the war in Ukraine. High interest rates…

Digital cameras continued their downward spiral in 2023, as smartphones served the needs of most casual and amateur photographers. Most consumers are satisfied with the quality and features of smartphone cameras, alongside their convenience,…

Retail volume sales of televisions saw an uptick in 2023 as consumers started to replace their older models. With the rate of inflation having eased from its peak in the summer of 2022, Canadians gradually returned to spending money on discretionary…

Audio separates experienced a decline in retail volume sales in 2023, continuing the trend of the review period. This was driven by a consumer transition towards smaller, more portable audio devices, such as wireless speakers, which offer more…

Headphones struggled to gain momentum in 2023 as inflationary pressures continued to weigh on discretionary consumer spending, at least during the early part of the year. However TWS earbuds saw modest gains in retail volume terms, as consumers opted…