Home Audio and Cinema

COVID-19 has put a huge strain on the local economy and this is influencing the purchasing decisions of consumers in Japan. While home seclusion has had a positive impact on sales of some products which can provide home entertainment, when it comes ...

All categories of home and cinema recorded retail volume declines in 2019. Home audio and cinema in Thailand has witnessed a significant shift away from the old-style stereo set or home theatre towards wireless devices or just a smartphone. The shift...

When it comes to big ticket items many consumers in China still prefer to purchase these products in store. This is so that they can avail themselves of the advice of sales assistants and handle and view the product prior to purchase. As such, ...

Home audio and cinema sales in France have been in decline for several years, with the category posting negative results in volume and current value terms throughout the review period. This is partly due to maturity, but mainly the result of consumer...

Lockdown measures in response to COVID-19 in Russia in 2020 compounded the declining demand for home audio and cinema, with many local consumers prioritising their spending on more essential goods such as groceries, medicine and cleaning products. ...

Sales of home audio and cinema look set to decline at an accelerated rate in 2020 following the impact of the pandemic. While lockdown broadly encouraged financially stable consumers to invest more in home improvements and in upgrading their home ...

The closure of non-essential stores as part of measures to limit the spread of COVID-19 had a significant negative impact on sales of home audio and cinema in the early part of 2020. However, the fact that the category could not exploit other ...

After seeing slow but stable volume growth in the previous few years, in 2020 as a whole home audio and cinema is expected to see a decline, which can mainly be attributed to COVID-19. The first half of the year was the hardest hit. The measures ...

After years of economic struggle, the World Cup in 2018 came as a beacon of hope for the product category, as Brazilians were keen to amp up their home audio and cinema systems to achieve the best possible experience watching the games. While the ...

The rise in popularity of Bluetooth-enabled, wireless speakers continues to threaten home audio and cinema growth. For example, the growth of digital media player docks is severely threatened by the emergence of wireless speakers, as consumers prefer...

As more brands enter the competitive televisions category, they are offering more and better features at a lower price to gain market share. The improved sound quality offered by newer televisions, and growth in sales of wireless speakers, which are ...

In 2019, home audio and cinema volume sales continued to fall, with further decline expected in the coming years. All products recorded shrinking unit sales in 2019, with hi-fi systems suffering the most. Home cinema and speaker systems is suffering ...

Digital media player docks are experiencing a sharp decline in their popularity in the United Arab Emirates. This is mainly due to wireless connectivity being offered by the vast majority of hi-fi systems and home cinema and speaker systems by the ...

In 2019, home audio and cinema registered another year of decline in both current value and volume terms. Most such products are increasingly perceived as outdated, and are being replaced by more modern and innovative devices. With the increasing ...

Rising demand for convenience and portability and a consequent increase in sales of wireless speakers continues to negatively impact home audio and cinema. Hi-Fi systems can easily be replaced with a smartphone with wireless speakers, with the ...

Digitalisation has greatly impacted the category, with consumers increasingly shifting to music and film streaming services such as Spotify, YouTube, Apple Music, iflix, Amazon Prime and Netflix, which have changed the way people perceive home ...

The home cinema and speaker systems category saw declines across the board in 2019, with the category as a whole particularly dragged down by the decline of the largest component: LCD TVs. Altered spending priorities among consumers, and selective ...

Home audio and cinema recorded further strong retail volume declines over the review period and into 2019. The category is mature and consumers are leaning towards more portable devices. Changing lifestyles which are increasingly mobile, in parallel ...

2018-2019 has seen income levels rise. This has resulted in higher living standards, which has manifested in the form of expansion in the number of premium apartments. As consumers have more disposable income, they can also spend more money on ...

Retail volume sales of home audio and cinema continued to be driven by home cinema and speaker systems, with the latter recording the only positive performance in 2019. This was supported by the ongoing demand and trend for soundbars, encouraging the...