As in many other categories, local consumers in Singapore have been pushed to familiarise themselves with purchasing products online. Already a rising trend pre-pandemic, COVID-19 amplified it, and forced consumers to start making the shift towards online shopping, regardless of whether they were comfortable with it or not.
Consumer expenditure on big-ticket items such as televisions is set to increase in the forecast period. This in turn will prove to have a positive impact on home cinema and speaker systems, as audiophiles and cinephiles might be more willing to pay a premium for an elevated audio experience while watching television.
The growth of home audio and cinema is expected to be driven by soundbars over the forecast period, as these products are easy to use and compact enough for the limited space in homes in Singapore. Innovation that supports consumers’ preference for connectivity will be important if this category is to sustain itself during the forecast period.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Singapore 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 Singapore, 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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