Retail volumes are expected to remain on a declining trend over the forecast period, albeit with slumps improving to single-digit negative figures. That said, the weak economic outlook, with rising interest rates and inflation lowering household disposable income levels, mean that consumers will remain price-sensitive and cautious in their purchasing behaviour.
We expect the shift to wireless speakers to continue over the forecast period. This is due to a number of reasons.
Older technology is expected to become obsolete over the forecast period, as consumers embrace more convenient and modern options. Indeed, there is growing competition from alternatives to traditional home audio and cinema, such as seen with ongoing audio improvements in TV and digital audio and radio streaming through TVs, computers, smartphones, and wireless speakers – making some areas of home audio and cinema technologically obsolete.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Denmark 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 Denmark, 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 DefinitionsThis report originates from Passport, our Home Audio and Cinema research and analysis database.
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