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Learn moreOct 2020
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Sales of home audio and cinema are expected to record further decline in 2020, continuing the downward trajectory seen throughout the review period. This overarching trend of declining demand was exacerbated in 2020 by the reduction of disposable incomes and discretionary purchases due to the economic impact of COVID-19, with consumers instead prioritising essential items.
Speakers is the only category set to witness growth in 2020, with soundbars continuing to drive sales. Soundbars are increasingly demanded, being a popular solution to be used in conjunction with televisions, especially larger models that might offer a quality viewing experience but suffer from weaker sound output.
Home audio and cinema continued to be led by multinational companies Samsung, Sony, LG, Philips and Panasonic in 2020. They enjoy a long-standing presence in Hungary and are known for their high-quality products which local consumers 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 Hungary 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 Hungary, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home Audio and Cinema in Hungary 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.