Home cinema and speaker systems was the only product category to record a positive performance throughout the review period in terms of retail volumes. However, it is anticipated that over the course of the forecast period, demand will decline, although retail volumes are set to remain above pre-pandemic levels.
The shift in consumer preference towards wireless speakers will result in declines for most home audio and cinema products. This demonstrates the demand among local consumers for convenient and well-designed audio products.
Home audio and cinema is no longer a category in which many players feel it is essential to compete. Increasing competition from substitutes such as televisions, wireless speakers, and even smartphones, is forcing consumer electronics players to review their strategies and focus their efforts elsewhere on more lucrative areas of the industry.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in United Kingdom 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 United Kingdom, 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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