The continued decline of television prices and the entrance of more affordable brands should help sustain the growth of complementary products, such as home cinema and speaker systems, over the forecast period. Declining television prices, coupled with a variety of streaming options, will lead consumers to continue to upgrade their televisions and home speaker systems to create a more immersive experience which the whole family can enjoy.
Rapid improvements in e-commerce have helped Filipinos gain more confidence purchasing online. Expanded payment options, credit card purchases, cash-on-delivery options and mobile wallets, such as GCash, have also made e-commerce more accessible to a greater number of people in the Philippines.
Sound bars are becoming increasingly available in the Philippines as a replacement for multi speaker setups. This is especially popular for smaller houses that do not have enough space for a more elaborate setup, or for those who prefer a sleeker more minimalist setup.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Philippines 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 Philippines, 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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