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Learn moreOct 2020
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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 economic impact of the measures taken to contain the spread of the pandemic and the low levels of consumer confidence mean that home cinema and speaker systems will experience a worsening in its performances in both volume and value terms from 2020 onwards.
Improved product quality is associated with the increasing popularity of home cinema and speaker systems. With innovation from major manufacturers the category is recording healthy growth rates.
Sony Australia continues to lead home audio and cinema in 2020, although it also continues to lose volume sales share. This is not unexpected as consumers shift towards Bluetooth and wireless speakers for greater convenience.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Australia 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 Home Audio and Cinema industry in Australia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home Audio and Cinema in Australia market research report includes:
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Why buy this report?
This industry report originates from Passport, our Consumer Electronics 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.