Luxury Portable Consumer Electronics

Following steep declines in 2020, luxury portable consumer electronics saw current value sales rebound strongly in 2021, and was by far the most dynamic performer among the main personal luxury categories in volume growth terms. Its impressive…

Whilst other personal luxury categories saw a significant hit from COVID-19 in 2020 and stagnated in 2021, due to their discretionary nature and limited occasions for going out, luxury portable consumer electronics posted healthy growth. However, it…

Luxury mobile phones saw another year of significant decline in Germany in 2021, losing almost half of its volume sales in comparison with 2020. This was a continuation of an ongoing trend, which was accelerated by the outbreak of the pandemic in…

Although luxury portable consumer electronics witnessed retail volume and current value declines in 2019, these were minor compared with the massive falls in sales experienced in 2020, and the further weak performance recorded by the category in…

The COVID-19 crisis has severely impacted the luxury mobile phone category in the Philippine market. The Huawei Mate RS Porsche Design is typically offered in select Huawei experience stores and, in 2019, via the Platinum post-paid subscription at…

Luxury portable consumer electronics in the Netherlands is dominated by luxury wearables. This category weathered the impact of COVID-19 better than most areas of the local luxury goods market in 2020, with volume and current value sales declining at…

Sales of luxury portable consumer electronics remained marginal in Thailand in 2021. Although there is a potential local consumer base for luxury goods in general, very few Thai people are interested in luxury consumer electronics. These products are…

Very few changes were detected in sales of luxury portable consumer electrics during 2021 and this is a reflection of the tiny size of the category, which remains an insignificant area of luxury goods in Indonesia. In fact, authorised sales of these…

Demand for luxury portable consumer electronics is quite limited in Italy, and retail current value sales of luxury mobile phones were in decline even before the onset of the pandemic, with luxury wearables overtaking luxury mobile phones in terms of…

Malaysian luxury retailing was hit hard by the COVID-19 pandemic in the first half of 2020. Around one fifth of the demand for luxury portable consumer electronics in Malaysia is attributed to international travellers, therefore the MCO and border…

Luxury mobile phones remains negligible in Sweden, as they are considered discretionary items. Such products have also seen further downwards pressure during the time of the pandemic, as consumers started to cut their expenses on discretionary items,…

Retail current value sales of luxury wearables plunged by almost a third during 2020 but saw a significant recovery in 2021. Nonetheless, they remained well below their 2019 peak. As with all other types of personal luxury in Spain, inbound…

Luxury portable consumer electronics was already a weak category in Russia even prior to the outbreak of COVID-19, with retail volume sales in decline since 2018. One of the key obstacles to the development of luxury smartphones is that these models…

Luxury portable consumer electronics remains the smallest category, in terms of value sales, among all luxury goods in Canada, and is comprised almost entirely of luxury wearables. Products among smart wearables continue to advance with features that…

Consumer behaviour in India has dramatically changed since the emergence of the pandemic, due to the limited number of occasions to showcase luxury brands as a result of restricted mobility. On the other hand, greater attention is being paid to…

As the US gradually emerged from the pandemic-induced economic crunch and social restrictions, demand for luxury portable consumer electronics continued to improve. However, growth was entirely thanks to luxury wearables, as although the decline of…

Domestic wealthy and affluent consumers have always represented the main consumer group for luxury portable consumer electronics in South Korea. As COVID-19 has had a minimal impact on the spending power of this consumer segment, the category has…

Singapore saw a massive decline in luxury portable consumer electronics in 2020, which was mainly due to the poor performance of luxury mobile phones, which also continued its decline in 2021. Luxury mobile phones faces an enormous challenge from the…

Smart wearables are seeing soaring demand in the context of COVID-19 because consumers have become more preoccupied with measuring various health parameters and taking care of their general wellbeing. This has also happened amongst luxury consumers,…

With the Taiwanese government having to introduce a national lockdown in mid-2021 to try and contain the spread of the COVID-19 virus, consumer confidence has been negatively impacted. As a result, many consumers have been unwilling to spend large…