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Country Report

Home Audio and Cinema in

Home Audio and Cinema in Hong Kong, China

Sep 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Double-digit decline due to consumer spending caution in 2020

Home audio and cinema sales have been significantly impacted in 2020, with double-digit decline anticipated for the year. Weakened economic conditions due to the combined effect of the COVID-19 and civil unrest has resulted in shrinking disposable incomes and consumers being extremely cautious about spending on luxury products.

Wireless speakers replace need for large audio separates and digital media player docks

Wireless speakers such as Bluetooth are replacing the need to purchase audio separates and hi-fi systems. This technology offers the listener higher quality in addition to a smaller footprint within the home and its lower cost compared to a higher initial investment in an entire audio system, while the latter can take up significant room in the average Hong Kong apartment.

Sony strengthens its leadership, maintaining quality and brand loyalty

Sony retained its overall lead of home audio and cinema in Hong Kong in 2020, gaining further retail volume share as other well-known brands such as Panasonic continued to lose ground. The brand offers a wide range of products within the home audio spectrum, ranging from 2.

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Home Audio and Cinema Sample Report Home Audio and Cinema Sample Data

Overview

Why buy this report?

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.

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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 Hong Kong, China 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 Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Hong Kong, China market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Home Audio and Cinema in Hong Kong, China?
What are the major brands in Hong Kong, China?
What is the growth rate for Home Cinema and Speaker Systems?

Why buy this report?

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

This industry report originates from Passport, our Consumer Electronics market research database.

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Home Audio and Cinema in Hong Kong, China - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Double-digit decline due to consumer spending caution in 2020

Wireless speakers replace need for large audio separates and digital media player docks

Sony strengthens its leadership, maintaining quality and brand loyalty

RECOVERY AND OPPORTUNITIES

Home audio and cinema to continue its downward trajectory as consumers prioritise essential items

Electronics and appliance specialists to maintain their lead despite e-commerce growth

CATEGORY DATA

Table 1 Sales of Home Audio and Cinema by Category: Volume 2015-2020
Table 2 Sales of Home Audio and Cinema by Category: Value 2015-2020
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2015-2020
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2016-2020
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2017-2020
Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2015-2020
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2020-2025
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2020-2025
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2020-2025

Consumer Electronics in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

Table 12 Sales of Consumer Electronics by Category: Volume 2015-2020
Table 13 Sales of Consumer Electronics by Category: Value 2015-2020
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2015-2020
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2015-2020
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2016-2020
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2017-2020
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2015-2020
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2020-2025
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2020-2025
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2020-2025
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2020-2025

Megatrends

Country Report

Home Audio and Cinema in Hong Kong, China

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Double-digit decline due to consumer spending caution in 2020

Wireless speakers replace need for large audio separates and digital media player docks

Sony strengthens its leadership, maintaining quality and brand loyalty

Samples

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Home Audio and Cinema in Hong Kong, China - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Double-digit decline due to consumer spending caution in 2020

Wireless speakers replace need for large audio separates and digital media player docks

Sony strengthens its leadership, maintaining quality and brand loyalty

RECOVERY AND OPPORTUNITIES

Home audio and cinema to continue its downward trajectory as consumers prioritise essential items

Electronics and appliance specialists to maintain their lead despite e-commerce growth

CATEGORY DATA

Consumer Electronics in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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