Sales of speakers are expected to continue declining over the forecast period. Strong competition and a lack of innovation is limiting the category’s future growth potential.
Home audio and cinema products are not only seen as quite old fashioned by some consumers but they are also considered quite expensive. Therefore, unless there are new innovations or advancements which can make these products more desirable, manufacturers may have to look at reducing their prices in order to encourage consumers to purchase them.
Although the category is unlikely to see a recovery over the forecast period, in terms of distribution e-commerce is set to continue gaining share over the forecast period. The COVID-19 pandemic accelerated the shift online and some consumers who were not previously comfortable shopping online now regularly browse and purchase products online.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Israel 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 Israel, 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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