Retail volume sales of home audio and cinema products are expected to decline over the forecast period. Consumers are shifting away from traditional products such as digital media player docks, hi-fi systems and speakers in favour of the convenience, connectivity and enhanced functionality offered by wireless speakers.
Soundbars are expected to continue to grow in popularity over the forecast period. Such products offer multiple benefits for consumers, including space-saving properties which are critical for those living in smaller housing units, such as apartments.
Vinyl players are forecast to see continued growth during the five years to 2028, alongside the increasing popularity of vinyl albums. Consumers are attracted to unique sound quality offered by vinyl records, which is considered to be warmer and richer than digital audio.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Audio and Cinema industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Audio and Cinema
Home audio and cinema consist of Audio Separates, Home Cinema & Speaker Systems, Hi-Fi Systems and Other Home Audio & Cinema.See All of Our Definitions
This report originates from Passport, our Home Audio and Cinema research and analysis database.
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