Russia

After a contraction during the 2015-2016 period, per capita gross income and consumer expenditure in Russia has started to recover and are expected to see more stable growth rates in the long run, backed by the country’s improved economic outlook. An...

In-car entertainment is falling victim to a general trend in the automotive industry, with new cars being equipped with pre-installed in-car entertainment. Although previously the quality of pre-installed in-car entertainment was questionable, ...

Laptops sales continued to enjoy a strong bounce in 2019 after the exceptional growth in 2018 due to deferred demand – a result of the economic uncertainty shaking the country since 2015 and a level of stabilisation in the Russian economy. Both ...

Home audio and cinema continued to record retail volume declines in 2019, with little chance of recovery during the forecast period. The majority of products in the category are regarded as old-fashioned technology, and are strongly hampered by ...

Home video consisted largely of LCD and OLED TVs in 2019. The remaining categories are either no longer relevant or are in steep decline, such as BD players. The strong competition from alternative devices such as computers, smartphones and wireless ...

Across the globe and in Russia in particular, the smartphone is finally taking over the digital camera’s role of taking daily photos. The quality of smartphone cameras is growing, with various technological novelties, such as double-lens cameras, ...

The Russian economy continued to stabilise in 2019, while consumer credit performed well. This was a key factor in the strong growth of smartphones. Russians often enter into agreements with Telco providers which include a smartphone and monthly ...

Russia’s consumer electronics market continued to record strong retail volume growth in 2019 after the declines of the early part of the period when consumers and businesses alike were extremely cautious about spending due to the weak economic ...

Wireless speakers continued to record significant retail volume growth in 2019, driven by the development of innovative technologies which are attracting consumers. Players are offering products with wi-fi modules, which allow the user to manage ...

Although present in Russia since 2014, the strong retail volume growth of activity bands showed no signs of abating in 2019. The growing selection of products and greater affordability, aligned with the rising popularity of active lifestyles, ...

At the end of the review period, bags and luggage posted moderate current value growth. The sluggish performance was attributed to low consumer disposable incomes, which continued to decline for a fifth consecutive year. As a result, the majority of ...

Current value growth in fine jewellery was slower than volume growth at the end of the review period. This was attributed to the lowering of unit prices on fine jewellery due to the endless discounts and promotions throughout 2018 and 2019, as well ...

With the Russian economy not showing any signs of recovery, personal accessories maintained roughly the same pace of value growth in 2019 as it had seen in 2018. Low- and middle-income consumers were the most affected by negative economic conditions,...

The majority of Russian consumers maintained their frugal spending habits in 2019 as the Russian economy did not show any signs of recovery, with a continued decline in consumers’ disposable incomes. Russians learnt how to survive with less expensive...

Children remained the key consumer group for writing instruments and accessories at the end of the review period, with parents and students making consistent and sustained purchases for educational purposes. The back-to-school shopping season ...

Russian households continue to be mired by a prolonged economic recession, which has impacted their purchasing power with regards to segments like appliances, digital services and property. Inflation has largely expanded faster than salaries, while ...

Beer in Russia experienced tough times during the last 10 years, but finally the long-awaited growth was registered in 2018. Hot weather during the high sales season, as well as the FIFA World Cup held in Russia, positively affected the category in ...

The health and wellness trend positively affected cider/perry at the end of the review period. Growing consumer awareness about the problems of sugar consumption, as well as the natural ingredients in cider and mead, made them appear more attractive....

In 2018, alcoholic drinks witnessed a positive performance, continuing the ongoing recovery trend after sharp declines in previous years. The absence of regulatory shocks and negative dynamics in the overall economic environment, as well as active ...

2018 witnessed deeper and wider discounts in almost all spirits categories. The categories seeing the most promotions in 2017 were cognac, tequila, rum and whiskies. In 2018, this list was widened with gin and vodka. Price remains the decisive factor...