Retail current value sales of home audio and cinema will begin to expand again during 2023, but their rate of growth will be very modest during the forecast period as a whole. An anticipated post-pandemic rebound and ongoing population growth and urbanisation will all be factors in this.
Mixed retailers and grocery retailers, particularly hypermarkets, are the leading distribution channels for home audio and cinema, but e-commerce has overtaken non-grocery specialists (mainly electronics and appliance specialist retailers) to become the third largest channel. The convenience of online shopping and its wide product offer and competitive pricing are particularly attractive to local consumers.
Every year, special events offering promotions, including direct discounts, bundled products, free streaming services or monthly interest-free payments are held in an effort to boost sales of consumer electronics and other products. The most important of these are Buen Fin, which occurs the weekend before Black Friday in the US; Hot Sale in May, which involves online retailers and the online stores of store-based retail chains; and special sales, or Ventas Nocturna, which are most common at the beginning of May, during the summer and in October.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Mexico 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 Mexico, 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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