Home Audio and Cinema

It is understandable that demand for a number of home audio and cinema products is declining in Japan when the population is decreasing. However, another negative factor in declining demand is the prevalent use of smartphones. The iPhone, which has…

Having been little better than flat in 2020, the rate of growth in retail constant value sales of home audio and cinema will accelerate modestly during 2021. While retail volume sales will continue to decline, it will be at a somewhat more modest…

During 2021, retail current volume sales of home audio and cinema will decline for the ninth successive year. Even the shift to home entertainment driven by COVID-19 restrictions has not been enough to stabilise demand for these products. Home audio…

Retail current value sales of home audio and cinema are in long-term decline, and the pandemic exacerbated this trend during 2021 due to the significant negative impact it had on consumer confidence. A growing number of consumers are switching to…

Lockdown measures, which have been keeping consumers confined within their homes, have been leading to greater demand for indoor entertainment. 2021 saw an uptick in TV purchases and, consequently, accelerated the growth of home cinema and speaker…

While the overall category is declining in 2021, following positive growth in the previous year, sales volumes remain higher than before the pandemic. The category is being driven by home cinema and speaker systems, more specifically soundbars. The…

Much like in 2020, the category has been negatively impacted by repeated waves of infection and lockdowns in 2021. The economic uncertainty and consumer inclination towards saving money for financial emergencies mean that discretionary products that…

A number of home audio and cinema products, namely hi-fi systems, home cinema and speaker systems, and speakers, had benefited from the home seclusion trend as a result of the pandemic, when consumers invested in home entertainment during the first…

In 2020, and since the last quarter of 2019 due to social unrest in the country, many stores remained mostly closed throughout the ups and downs of the COVID-19 pandemic, with most social events and gatherings forbidden. This has hindered potential…

Lockdown has broadly encouraged financially stable consumers to invest more in home improvements and in upgrading their home entertainment, including their home audio. However, this only had a limited positive impact on volume sales in home audio and…

COVID-19 has had a limited impact on demand for home audio and cinema. While retail current value sales did exhibit a significant decline during 2020, this merely represented the continuation of a trend that pre-dated the pandemic. The growing…

Retail current value sales of home audio and cinema will continue to decline during 2021, albeit at a much more modest pace than in 2020 – when they fell at their fastest rate in six years. Home cinema and speaker systems was the only segment in home…

In 2020, home audio and cinema saw a notable decline as consumers reined in their spending on non-necessities during the COVID-19 pandemic. Only a marginal decline is expected for 2021, which can be attributed to the healthy growth of home cinema and…

Retail current value sales of home audio and cinema declined at their fastest rate in more than a decade during 2020. Even before the onset of the pandemic, demand for home audio and cinema was being steadily cannibalised by smartphones and wireless…

In spite of the economic shock of the pandemic, the rate of growth in retail current value sales of home audio and cinema reached its highest level in more than a decade during 2020, as local consumers spent much more time at home due to COVID-19.…

Retail current value sales of home audio and video expanded for the first time in a decade during 2020. With consumers spending much more time at home due to restrictions on movement and many alternative forms of entertainment (most notably cinemas)…

Retail volume sales of home audio and cinema are in long-term decline, and the pandemic has not disrupted this, with retail volume sales declining at a double-digit rate during 2020 – in spite of the fact that consumers had much more time to consume…

During the pandemic, consumers have been reluctant to visit cinemas to watch films, due to fears around being infected by COVID-19. Therefore, many new films have been launched via OTT services like Netflix instead. This allowed Netflix in Korea to…

Despite the increased need for home entertainment during the long periods of home seclusion during the COVID-19 epidemic, home cinema and audio is unlikely to be the first choice for Saudi Arabian consumers in 2021.

Home seclusion as a result of the pandemic has raised demand for some home audio and cinema categories. With karaoke being the most popular family-gathering activity in Vietnam, microphone speaker systems sales have therefore increased. Bluetooth…