Whilst overall demand for home audio and cinema is predicted to continue to decline over the course of the forecast period, home cinema and speaker systems is set to continue recording positive retail volume growth. Affluent consumers will continue to invest in home entertainment systems as they continue to enjoy watching digital content at home; high-quality speaker systems are widely considered by this customer base to support and enhance the overall viewing experience.
Over the forecast period, all product areas aside from home theatre and speaker systems will continue to witness volume decline. Demand for audio separates, hi-fi systems, and speakers will for the most part continue to appeal only to avid music enthusiasts, with declining retail volume sales set to continue in 2023 and beyond.
The preference for new and innovative substitutes such as wireless speakers and portable chargers will also negatively affect the demand for digital media player docks, with such items increasingly being viewed as old-fashioned or out-of-date. Retailers are recognising this and are likely to offer significant discounts to move stock.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Egypt 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 Egypt, 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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