As in some other categories of consumer electronics, the review period pattern of growth within portable players is expected to be repeated in the forecast period. Retail volume and value (constant 2023 prices) sales of portable multimedia players and “other” portable media players are projected to continue to see a double-digit decline year-on-year during the forecast period.
Even before the beginning of the review period, e-commerce had overtaken appliances and electronics specialists as the leading distribution channel for portable players in retail volume terms. However, the channel shift to e-commerce was accelerated by the exigencies of the COVID-19 pandemic when lockdowns and restrictions on the opening of physical retail stores pushed consumers online for the purchase of portable players.
Portable players is set to continue to see innovation and new product development, albeit with much of the focus on wireless speakers. Harman Audio de Mexico, the manufacturer of JBL, recently launched a new wireless speaker called Boombox 3.
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Understand the latest market trends and future growth opportunities for the Portable Players industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Portable Players
This report originates from Passport, our Portable Players research and analysis database.
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