Going into the forecast period, home cinema and speaker systems and speakers are expected to see a steady increase in retail volume terms, supported by an expected rise in disposable income along with improving macroeconomic conditions in the country, especially as tourism returns. The increasing number of satellite TV subscribers and growing sales of smart TVs will likely also push consumers to spend more to get better technology.
Sound bars are expected to continue driving growth in home audio and cinema in the forecast period, as these products are compact and easy to use and do not create clutter in the home. As manufacturers produce new sound bars with built-in Bluetooth technology, consumers will find they can address multiple entertainment needs, with multipurpose products being highly popular among modern consumers.
Although e-commerce will continue to make an increasing contribution to sales in home audio and cinema in the forecast period, many consumers will likely still prefer the physical experience of seeing products in a showroom or store-based retailer. They believe that this is the best way to test out the product before buying.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Indonesia 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 Indonesia, 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 Definitions
This report originates from Passport, our Home Audio and Cinema research and analysis database.
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