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Country Report

Home Audio and Cinema in

Home Audio and Cinema in South Korea

Aug 2019

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!

PROSPECTS

Stagnation in home audio and cinema

The quality of sound with small size home audio equipment and decreasing overall economic growth are influencing home audio and cinema sales. Digital media player docks had previously been popular, but, with the introduction of wireless speakers and wireless earphones, the docks were being replaced by these products.

Longer period needed for saving to buy new homes could affect category sales

Before buying home audio and cinema products, consumers will generally like to have a home in which to put them. However, increasing living space prices are making it difficult for younger consumers in particular to have a home of their own.

Electronics and appliance specialist retailers the main distribution channel

Electronics and appliances specialist retailers remains the major distribution channel in home audio and cinema. However, the number of smaller electronics and appliances specialist retailers focused on Hi-Fi systems at the Youngsan and Nakwon malls continued to decrease due to declining sales of these products.

COMPETITIVE LANDSCAPE

Yamaha maintains its leading position through wide distribution and new products

Yamaha Music Korea Ltd continued to hold the leading position in 2019 thanks to the diverse home audio and cinema product range it offers. Yamaha is continuously launching new turntables and new Hi-Fi systems.

Sound bars help domestic players to gain share

Domestic players like Samsung and LG gained share via home theatre systems. Both firms produced sound bar speakers because their thinner TVs could not house internal speaker systems, with the sound bar speaker acting as a substitute.

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Samples

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

Overview

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.

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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

HEADLINES

PROSPECTS

Stagnation in home audio and cinema

Longer period needed for saving to buy new homes could affect category sales

Electronics and appliance specialist retailers the main distribution channel

COMPETITIVE LANDSCAPE

Yamaha maintains its leading position through wide distribution and new products

Sound bars help domestic players to gain share

CATEGORY DATA

Table 1 Sales of Home Audio and Cinema by Category: Volume 2014-2019
Table 2 Sales of Home Audio and Cinema by Category: Value 2014-2019
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2014-2019
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2014-2019
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2015-2019
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2016-2019
Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2014-2019
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2019-2024
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2019-2024
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2019-2024
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2019-2024

Consumer Electronics in South Korea - Industry Overview

EXECUTIVE SUMMARY

Premiumisation and innovation to combat slowing volume growth rates

Technology the key to maintaining growth

Increasing market power of domestic players

Electronics and appliance specialist retailers continues to lose share to internet retailing

More innovation expected but slower growth expected than in the review period

MARKET DATA

Table 12 Sales of Consumer Electronics by Category: Volume 2014-2019
Table 13 Sales of Consumer Electronics by Category: Value 2014-2019
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2014-2019
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2014-2019
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2015-2019
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2016-2019
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2014-2019
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2019-2024
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2019-2024
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2019-2024
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2019-2024

Megatrends

Country Report

Home Audio and Cinema in South Korea

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Stagnation in home audio and cinema

Longer period needed for saving to buy new homes could affect category sales

Electronics and appliance specialist retailers the main distribution channel

COMPETITIVE LANDSCAPE

Yamaha maintains its leading position through wide distribution and new products

Sound bars help domestic players to gain share

Samples

Overview

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Samples (FAQs about samples):

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Table of Contents

Home Audio and Cinema in South Korea - Category analysis

HEADLINES

PROSPECTS

Stagnation in home audio and cinema

Longer period needed for saving to buy new homes could affect category sales

Electronics and appliance specialist retailers the main distribution channel

COMPETITIVE LANDSCAPE

Yamaha maintains its leading position through wide distribution and new products

Sound bars help domestic players to gain share

CATEGORY DATA

Consumer Electronics in South Korea - Industry Overview

EXECUTIVE SUMMARY

Premiumisation and innovation to combat slowing volume growth rates

Technology the key to maintaining growth

Increasing market power of domestic players

Electronics and appliance specialist retailers continues to lose share to internet retailing

More innovation expected but slower growth expected than in the review period

MARKET DATA

SOURCES

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