Demand for home audio and cinema will continue to decline over the forecast period in both volume and constant value (2023 prices) terms, albeit to a lesser extent than in recent years. Despite easing inflationary pressures, consumer spending power will remain subdued and Malaysians are likely to put off purchases of big ticket items.
Home cinema and speaker systems are set to buck the declining sales trend in both volume and constant value (2023 prices) terms over the forecast period, with soundbars being the key driver of growth. As economic conditions improve, there is likely to be a renewed interest in these products amongst more affluent consumers.
Electronics and appliances specialists remain the dominant distribution channel for home audio and cinema, with local consumers appreciating the opportunity to receive product demonstrations prior to purchase. This is seen as especially important for big-ticket items like soundbars, where consumers are keen to compare different models and to make a judgement on their performance.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Malaysia 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 Malaysia, 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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