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Home Audio and Cinema in Nigeria

August 2022
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USD 990
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Overview:

Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Nigeria 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 Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Home Audio and Cinema in Nigeria report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Home Audio and Cinema in Nigeria?
  • Which are the leading brands in Nigeria?
  • How are products distributed in Nigeria?
  • How is the rise of e-commerce changing the retail landscape?
  • How has COVID-19 and accordant macroeconomic and retail disruption impacted consumer demand?
  • How are considerations such as urban development and the rise in single-person households driving sales growth?
  • Where is technology taking the market? Which products are pioneering growth? Which face obsolescence?
  • Where is future growth expected to be most dynamic?
Download Table of Contents

Home Audio and Cinema in Nigeria - Category analysis

KEY DATA FINDINGS

Small growth in home cinema and speaker systems as affluent consumers invest in home theatre spaces to watch films
In a difficult economic environment, lower-priced brands gain ground
Distribution landscapes normalises with appliance and electronics specialists remaining the vastly dominant channel
Return to growth will be driven by young tech savvy adults purchasing home cinema and speaker systems
Growing popularity of smartphones will continue to weigh heavily on demand growth for home audio and cinema
Existing brands to come under mounting pressure from cheaper Chinese brands
Table 1 Sales of Home Audio and Cinema by Category: Volume 2017-2022
Table 2 Sales of Home Audio and Cinema by Category: Value 2017-2022
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2017-2022
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2017-2022
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2018-2022
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2019-2022
Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2018-2022
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2022-2027
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2022-2027
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2022-2027
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2022-2027

Consumer Electronics in Nigeria - Industry Overview

Consumer electronics in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for consumer electronics?
Table 12 Sales of Consumer Electronics by Category: Volume 2017-2022
Table 13 Sales of Consumer Electronics by Category: Value 2017-2022
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2017-2022
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2017-2022
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2018-2022
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2019-2022
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2017-2022
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2022-2027
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2022-2027
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2022-2027
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2022-2027

DISCLAIMER

Summary 1 Research Sources
The following categories and subcategories are included:

Home Audio and Cinema

  • Audio Separates
  • Digital Media Player Docks
  • Hi-Fi Systems
  • Home Cinema and Speaker Systems
  • Speakers
  • Other Home Audio and Cinema

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
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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 report originates from Passport, our Home Audio and Cinema research and analysis database.

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