Home Audio and Cinema

2020 had been a more positive year for home audio and cinema sales, driven by soundbars under home cinema and speaker systems as consumers spent longer in their homes during the lockdown, which also resulted in greater expenditure on at-home ...

The home audio and cinema category was already suffering in Brazil due to the economic crisis of 2015-2019, from which it was struggling to recover. With the COVID-19 pandemic, sales were even more negatively affected, resulting in a stronger ...

The improvements in the sound definition technology and prices, together with the portability and low cable dependency, of products such as wireless speakers and soundbars, have been negatively impacting the unit sales performance of hi-fi systems, ...

Sales of home audio and cinema are expected to decline at an accelerated rate of 5% in 2020 compared to 3% in 2019 due to the impact of COVID-19. While some consumers have responded to the circuit breaker period by investing in home improvements and ...

Home audio and video saw negative growth in 2020 due to the reduced purchasing power of consumers resulting from COVID-19. People were spending more on essentials such as food and medicine, with home audio and cinema products considered non-essential...

COVID-19’s arrival has led to widespread job losses and reduced working hours in Austria, cutting consumer budgets for home audio and cinema. Sales have also been hampered by the closure of leading store-based channel electronics and appliance ...

Sales of home audio and cinema are expected to record further decline in 2020, continuing the downward trajectory seen throughout the review period. This overarching trend of declining demand was exacerbated in 2020 by the reduction of disposable ...

The closure of store-based electronics and appliance specialist retailers during the lockdown has had a significant impact as these outlets generate the vast majority of sales of home audio and cinema. The decline of categories such as speakers and ...

Home audio and cinema is expected to register positive volume growth in 2020, after a number of years of recording falling volume sales. Sales in this category will receive positive impetus as a result of the COVID-19 pandemic, with many consumers ...

In 2020, home audio and cinema is expected to see slightly stronger retail volume growth than in the previous few years. This is likely to be due to conflicting trends as a result of the lockdown to prevent the spread of COVID-19. Some consumers were...

Home audio and cinema will continue to decline in retail volume sales terms in 2020, with the COVID-19 pandemic having little influence on its performance. It is a mature category, with consumers also leaning towards more portable devices and more ...

All products within home audio and cinema were already suffering declining unit sales in 2018/2019 and the COVID-19 epidemic is only accelerating this. Many Colombians are following global trends and replacing these products with more modern and ...

Volume sales of home audio and cinema have been declining since 2017, with a return to positive growth unlikely as mainstream consumers have typically migrated to substitute products in recent years. While the demand for the products is still ...

Home audio and cinema continued to decline in 2020 due to the increasing popularity and variety of portable speakers and sound bars. These alternatives are becoming more powerful and technologically advanced, providing high sound quality and taking ...

Home audio and cinema remained a smaller and increasingly perceived outdated category compared to the likes of home video, often purchased by affluent consumers or music enthusiasts. This perception had continued to influence its overall performance ...

Demand for most types of home audio and cinema products in Greece has slowed or declined consistently in recent years. This is partly due to maturity and ongoing financial hardship arising from the country’s prolonged economic difficulties. However, ...

Home audio and cinema continues to decline as hi-fi’s and digital media player docks become more niche and less relevant; replaced by more sophisticated and convenient devices. In 2020, the decline for home audio and cinema is set to be intensified, ...

Volume sales of home audio and cinema continue to decline in 2020 despite many consumers having spent more time at home due to the COVID-19 lockdown imposed in the early months of the year. The decline in volume sales is in line with falls recorded ...

Despite the three-month COVID-19 national lockdown in Australia, this had a marginal impact on home audio and cinema in volume and value sales in 2020, with many of the category’s products already recording strong year-on-year declines. However, the ...

The economic downturn due to the impact of COVID-19 affected the growth of this category at the end of the review period. The expanding population of young adults in paid employment served to maintain demand to some extent, as they equipped and ...