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Learn moreJan 2019
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Rising wages and the unwavering confidence of Czech consumers generated another year of solid growth for consumer electronics and appliance specialist retailers in 2018. Consumer demand for electronics remained one of the highest among non-grocery products, together with clothing and sports goods.
The success of electronics and appliance specialist retailers stems from their dominant position in internet retailing and early adoption of omnichannel strategies. Store-based electronics retailers were the first to realise the future necessity of internet retailing due to early pressure from pure internet retailers of electronics, such as Alza.
Consumer appliances will be negatively impacted by the future situation in the housing market. As residential real estate prices and mortgage rates in the Czech Republic soar, an increasingly smaller number of consumers will be able to afford new housing.
As of August 2018, Datart officially became part of one of the largest players in Czech electronics – HP Tronic. This category concentration gives HP Tronic a leading position in electronics and appliances, as it also has a majority stake in Euronics stores.
One of the last remaining major retailers without an e-commerce presence, Planeo Elektro, finally launched its e-shop in early 2018. Based on consumer surveys in 2017, the launch of Planeo Elektro’s e-shop was one of the most anticipated by consumers.
Internet retailer Alza.cz launched its first futuristic unmanned store focused on selling consumer electronics, small appliances and selected non-electronics goods in February 2018.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Electronics and Appliance Specialist Retailers industry in Czech Republic with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Electronics and Appliance Specialist Retailers industry in Czech Republic, our research will save you time and money while empowering you to make informed, profitable decisions.
The Electronics and Appliance Specialist Retailers in Czech Republic market research report includes:
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Why buy this report?
This industry report originates from Passport, our Retailing market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.