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Country Report

Luxury Portable Consumer Electronics in

Luxury Portable Consumer Electronics in India

Feb 2021

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Outlet closures contribute strongly to decline

After many years of double-digit retail volume and current value growth, in 2020 luxury portable consumer electronics has turned to decline. With the emergence of COVID-19 in the country in the first half of the year, the government implemented a nationwide lockdown, during which non-essential stores were closed, with further closures in different regions later in the year as required.

Some sales move online, increasing the share of e-commerce

Nevertheless, store-based retailing has continued to dominate sales in luxury portable consumer electronics in 2020. Most consumers purchasing luxury mobile phones or luxury wearables still strongly believe in viewing, feeling and experiencing these high-ticket items, as well as discussing them with experienced staff in a store before making a purchase.

Economic impact of COVID-19 leads some consumers to postpone purchases

Many Indian consumers are now in a wait and see mindset when it comes to their spending, since they are unsure of the spread of COVID-19 and its impact on the economy and their wealth. Even significant price declines have been unable to stimulate retail volume growth in 2020.

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Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Luxury Portable Consumer Electronics industry in India with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Luxury Portable Consumer Electronics industry in India, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Portable Consumer Electronics in India market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Luxury Portable Consumer Electronics in India?
What are the major brands in India?
How dynamic is the growth of Luxury Portable Consumer Electronics internet sales?
What is driving growth?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply function

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Luxury Portable Consumer Electronics in India - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Outlet closures contribute strongly to decline

Some sales move online, increasing the share of e-commerce

Economic impact of COVID-19 leads some consumers to postpone purchases

RECOVERY AND OPPORTUNITIES

Only a gradual return of consumer confidence, hampering the return to former sales

The move of sales online is set to continue

Economic problems and changing attitudes could hamper recovery

CATEGORY DATA

Table 1 Sales of Luxury Portable Consumer Electronics by Category: Value 2015-2020
Table 2 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2015-2019
Table 4 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2016-2019
Table 5 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2015-2020
Table 6 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2020-2025
Table 7 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2020-2024

Luxury Goods in India - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

Megatrends

Country Report

Luxury Portable Consumer Electronics in India

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Outlet closures contribute strongly to decline

Some sales move online, increasing the share of e-commerce

Economic impact of COVID-19 leads some consumers to postpone purchases

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Luxury Portable Consumer Electronics in India - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Outlet closures contribute strongly to decline

Some sales move online, increasing the share of e-commerce

Economic impact of COVID-19 leads some consumers to postpone purchases

RECOVERY AND OPPORTUNITIES

Only a gradual return of consumer confidence, hampering the return to former sales

The move of sales online is set to continue

Economic problems and changing attitudes could hamper recovery

CATEGORY DATA

Luxury Goods in India - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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