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Country Report

Home Audio and Cinema in

Home Audio and Cinema in South Korea

Oct 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Shrinking movie industry but growing home theatre sales in 2020

Home audio and cinema is expected to register positive volume growth in 2020, after a number of years of recording falling volume sales. Sales in this category will receive positive impetus as a result of the COVID-19 pandemic, with many consumers afraid of watching movies at cinemas, which are enclosed spaces with lots of other people, increasing the potential to become infected by the virus.

No impact of COVID-19 on the competitive landscape

Despite the presence of the COVID-19 virus, there are not expected to be any major changes in the sales shares held by players in home audio and cinema in 2020, with Yamaha Music Korea continuing to lead the category thanks to the diverse home audio and cinema product range it offers. Its range stretches from mass to premium speakers, like Restio, as well as including soundbars for models that do not contain speakers.

Increasing presence of premium and well-designed speakers

Premium speaker brands like Bang & Olufsen continue to be introduced as consumers are looking for high-quality sound in their homes, with well-designed speakers also being seen as good home interior products, with the increasing time spent in the home only serving to drive this trend in 2020. Geneva speakers from Geneva Lab have been introduced in different sizes based on model numbers, with the models with high numbers able to offer particularly sophisticated sound.

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Home Audio and Cinema Sample Report Home Audio and Cinema Sample Data

Overview

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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.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in South Korea with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Home Audio and Cinema industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in South Korea market research report includes:

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

Our market research reports answer questions such as:

What is the market size of Home Audio and Cinema in South Korea?
What are the major brands in South Korea?
What is the growth rate for Home Cinema and Speaker Systems?

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 industry report originates from Passport, our Consumer Electronics market research database.

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Home Audio and Cinema in South Korea - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Shrinking movie industry but growing home theatre sales in 2020

No impact of COVID-19 on the competitive landscape

Increasing presence of premium and well-designed speakers

RECOVERY AND OPPORTUNITIES

Back to declining sales in home audio and cinema after the slight uptick in 2020

Digital media player docks will continue losing out to wireless and smart speakers

Electronics and appliance specialist retailers dominate, but e-commerce gaining share

CATEGORY DATA

Table 1 Sales of Home Audio and Cinema by Category: Volume 2015-2020
Table 2 Sales of Home Audio and Cinema by Category: Value 2015-2020
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2015-2020
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2016-2020
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2017-2020
Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2015-2020
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2020-2025
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2020-2025
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2020-2025

Consumer Electronics in South Korea - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

Table 12 Sales of Consumer Electronics by Category: Volume 2015-2020
Table 13 Sales of Consumer Electronics by Category: Value 2015-2020
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2015-2020
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2015-2020
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2016-2020
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2017-2020
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2015-2020
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2020-2025
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2020-2025
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2020-2025
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2020-2025

Megatrends

Country Report

Home Audio and Cinema in South Korea

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Shrinking movie industry but growing home theatre sales in 2020

No impact of COVID-19 on the competitive landscape

Increasing presence of premium and well-designed speakers

Samples

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Home Audio and Cinema in South Korea - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Shrinking movie industry but growing home theatre sales in 2020

No impact of COVID-19 on the competitive landscape

Increasing presence of premium and well-designed speakers

RECOVERY AND OPPORTUNITIES

Back to declining sales in home audio and cinema after the slight uptick in 2020

Digital media player docks will continue losing out to wireless and smart speakers

Electronics and appliance specialist retailers dominate, but e-commerce gaining share

CATEGORY DATA

Consumer Electronics in South Korea - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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