A post-pandemic return to social and leisure activities outside of the home, particularly physical activities, bodes well for sales of wearable electronics over the forecast period. 5G may be a potential game-changer for electronic wearables at both the development and adoption stages.
Colombians increasingly use social media and websites as information sources for sports nutrition and influencers, and over the forecast period, brands will need to retain close contact with their consumers in the digital space. The omnichannel has been revolutionising retail management over the review period, and this will become more relevant in the coming years as consumer habits adopted during the pandemic become more deeply embedded.
The early half of the forecast period is expected to be categorised by ongoing economic certainty as a new national government becomes established. Amongst the measures adopted that will present challenges for wearable electronics are the devaluation of the Colombian peso against the dollar, spiralling inflation and the loss of non-VAT days in 2023.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Wearable Electronics industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Electronic devices designed to be worn by the user, typically on the wrist or head. The category only covers products designed for retail sale and consumer usage. Products designed for use in medical, military and any other profession such as diving are excluded.See All of Our Definitions
This report originates from Passport, our Wearable Electronics research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!