Overall, it is expected that sales of home audio and cinema will continue declining in retail value and volume terms over the forecast period. Hi-Fi systems is projected to experience one of the biggest declines in volume sales.
The growing popularity of wireless speakers will continue to have a significant negative effect on demand for home audio and cinema during the forecast period. Manufacturers are improving the sound quality of their models, while there are an ever increasing number of affordable options.
Despite the projected decline of home audio and cinema, the launch of more sophisticated and better-quality products should help to soften the decline of the category in retail value terms. With volume sales set to continue declining players will likely increasingly focus on premiumisation to sustain profits.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Spain 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 Spain, 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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