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Country Report

Home Audio and Cinema in

Home Audio and Cinema in Hungary

Oct 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

Competition from wireless speakers and lower purchasing power impact sales in 2020

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.

Soundbars drives sales of speakers

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.

Multinational companies lead with their long-standing presence and high-quality products

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

Overview

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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 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:

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 Hungary?
What are the major brands in Hungary?
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 Hungary - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Competition from wireless speakers and lower purchasing power impact sales in 2020

Soundbars drives sales of speakers

Multinational companies lead with their long-standing presence and high-quality products

RECOVERY AND OPPORTUNITIES

Reduced disposable incomes to limit non-essential purchases to 2025

Ongoing popularity of convenient wireless speakers

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 Hungary - 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 Hungary

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Competition from wireless speakers and lower purchasing power impact sales in 2020

Soundbars drives sales of speakers

Multinational companies lead with their long-standing presence and high-quality products

Samples

Overview

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Samples (FAQs about samples):

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Table of Contents

Home Audio and Cinema in Hungary - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Competition from wireless speakers and lower purchasing power impact sales in 2020

Soundbars drives sales of speakers

Multinational companies lead with their long-standing presence and high-quality products

RECOVERY AND OPPORTUNITIES

Reduced disposable incomes to limit non-essential purchases to 2025

Ongoing popularity of convenient wireless speakers

CATEGORY DATA

Consumer Electronics in Hungary - 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

SOURCES

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