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Learn moreJan 2021
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In 2019 and the beginning of 2020, the market of luxury mobile phones remained negligible, as Swedish consumers seemed reticent to purchase luxury items. After COVID-19 hit the country, consumers started to cut their expenses on discretionary items including luxury portable consumer electronics due to income uncertainty.
Despite the limited presence of luxury mobile phones in Sweden, Swedish manufacturers continued production during 2020. Designers from Malmo were behind the creation of one most expensive mobile phones in the world, which was released in the summer of 2019 at a retail price of USD25,000.
Frederique Constant and TAG Heuer continue to account for more than half of value sales in luxury portable consumer electronics. Both have focused on making watches as similar as possible to their traditional watches, but with added features, which appeal to some consumers and is most likely the way forward.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Luxury Portable Consumer Electronics industry in Sweden 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 Sweden, our research will save you time and money while empowering you to make informed, profitable decisions.
The Luxury Portable Consumer Electronics in Sweden market research report includes:
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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.