(MENAFNEditorial)
Home audio and cinema continued its declining trend and recorded a 2% decrease in retail volume sales in 2014. This is largely owing to the relatively long replacement cycle which was as around 56 months in 2014 according to Euromonitor International’s socioeconomic data. Moreover the adoption rate of new products amongst households was limited due to consumers’ preference for home video products rather than home audio and cinema products in China. This is largely because songs can be easily downloaded from the internet and enjoyed via computers and mobile phones which has pressured the development of home audio and cinema market.
Industry Prospects
Retail volume sales of home audio and cinema are set to decline at a CAGR of 3% over the forecast period in China registering a fall in growth rate compared to the CAGR of -2% over review period due to consumers’ sluggish demands for both new purchases and replacements. There will barely be products that can save the total market from declining over the forecast period except for digital media player docks. However the consumer base of digital media player docks is rather small. In addition the relatively long replacement cycle of home audio and cinema products will also restrain volume growth over the forecast period.
Full Report Details at
- http://www.fastmr.com/prod/888637_home_audio_and_cinema_in_china.aspx?afid=101
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in China 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 Home Audio and Cinema industry in China our research will save you time and money while empowering you to make informed profitable decisions.
The Home Audio and Cinema in China 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 Home Audio and Cinema in China?
* What are the major brands in China?
* What is the growth rate for Home Cinema and Speaker Systems?
Reasons to Get 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 functions
Report Table of Contents:
HOME AUDIO AND CINEMA IN CHINA
Euromonitor International
October 2014
LIST OF CONTENTS AND TABLES
Headlines
Trends
Prospects
Category Data
Table 1 Sales of Home Audio and Cinema by Category: Volume 2008-2013
Table 2 Sales of Home Audio and Cinema by Category: Value 2008-2013
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2008-2013
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2008-2013
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2009-2013
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2010-2013
Table 7 Distribution of Home Audio and Cinema by Format: % Volume 2008-2013
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2013-2018
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2013-2018
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2013-2018
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2013-2018
Table 12 Forecast Sales of Home Audio and Cinema by Rural vs Urban: % Retail Volume 2013-2018
Executive Summary
Consumer Electronics Increases Despite the Decelerating Economy
Chinese Government Issuance of 4g Licenses Fuels Sales Growth of Smartphones
Electronics and Applicance Specialist Retailers Continue To Dominate
Rural Sales Register Robust Growth Whilst Urban Sales Maintain Domination
Key Trends and Developments
Economic Slowdown Does Not Hinder Retail Volume Sales of Consumer Electronics
Opening of 4g Network Drives Retail Volume Growth of Smartphones
Electronics and Appliance Specialist Retailers Continue To Dominate
Rural Sales Witness Faster Growth Whilst Urban Sales Remain Dominant
Market Data
Table 13 Sales of Consumer Electronics by Category: Volume 2008-2013
Table 14 Sales of Consumer Electronics by Category: Value 2008-2013
Table 15 Sales of Consumer Electronics by Category: % Volume Growth 2008-2013
Table 16 Sales of Consumer Electronics by Category: % Value Growth 2008-2013
Table 17 NBO Company Shares of Consumer Electronics: % Volume 2009-2013
Table 18 LBN Brand Shares of Consumer Electronics: % Volume 2010-2013
Table 19 Distribution of Consumer Electronics by Format: % Volume 2008-2013
Table 20 Forecast Sales of Consumer Electronics by Category: Volume 2013-2018
Table 21 Forecast Sales of Consumer Electronics by Category: Value 2013-2018
Table 22 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2013-2018
Table 23 Forecast Sales of Consumer Electronics by Category: % Value Growth 2013-2018
Sources
Summary 1 Research Sources
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