COVID-19 has largely been kept under control since the end of 2021, although many Vietnamese are continuing to spend more time at home than before they did before the start of the pandemic. Therefore, home cinema and speaker systems is still seen to have further room for growth, albeit at a slower pace than was seen during the review period.
Overall, appliances and electronics specialists is expected to remain the dominant distribution channel for home audio and cinema products in the forecast period. Consumers tend to prefer to visit these store-based retailers and experience these products for themselves, checking features such as sound quality before making their purchasing decision.
Due to stronger brand competition in home audio and cinema, which has benefited consumers in recent years, demand will likely become more sophisticated, meaning manufacturers will have to introduce more advanced innovations and designs to stay competitive. Vietnamese consumers will continue to pursue global brands more fervently than local ones due to having higher trust in these more famous names.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Vietnam 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 Vietnam, 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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