Home audio and cinema will likely continue to decline in retail volume terms over the forecast period. The growing competition from other products and the improving built-in sound quality in LCD and OLED TVs is likely to limit consumer interest in these products.
While all of the product categories are set to decline, some will fare worse than the others. Hi-Fi systems is projected to see the most abrupt decline since these products will increasingly be regarded as obsolete.
Similar to other areas of consumer electronics, retail e-commerce is projected to become more relevant for sales of home audio and cinema over the forecast period. Romanian consumers are developing a growing habit for buying products online with special offers and sales helping to drive interest in e-commerce.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Romania 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 Romania, 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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