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Learn moreOct 2020
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Home audio and cinema remained a smaller and increasingly perceived outdated category compared to the likes of home video, often purchased by affluent consumers or music enthusiasts. This perception had continued to influence its overall performance towards the end of the review period with declining demand, a trend which continued into 2020 with varying results.
Home audio and cinema remained a consolidated competitive environment in 2020 led by three major players, Philips Electronics Middle East & Africa, Sony Middle East & Africa FZE and LG Electronics Egypt SAE. These players offer a variety of models and different prices including home theatre systems and soundbars, with Philips, Sony and LG considered “commercial grade home theatre” brands.
Electronics and appliance specialist retailers is likely to remain the dominant distribution channel for home audio and cinema over 2020 and into the forecast period as most consumers who still purchase these products like to experience first-hand the quality of home cinema or speaker systems in store before investing in a big-ticket purchase. However in line with overall declining demand for this category in Egypt towards the end of the review period, sales also declined through this channel.
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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 Egypt 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 Egypt, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home Audio and Cinema in Egypt market research report includes:
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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.