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Learn moreOct 2020
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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 flexible technologies, such as smartphones and wireless speakers.
In urban areas of Colombia, home and cinema is characterised by smaller living spaces. Although modern urban dwellers seek high-quality audio experiences, tighter living restrictions mean they often seek devices that take up little space and with attractive designs.
Strong international brands, including LG, Samsung, Panasonic and Sony, have a strong hold on home audio and video in Colombia. These brands offer high-quality equipment and enjoy high levels of consumer trust.
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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 Colombia 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 Colombia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home Audio and Cinema in Colombia 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.