Home audio and cinema products saw a flat performance in 2014, similar to that of 2012 and 2013. Consumers transferred their attention and spending power to the growing collection of tablets and smart devices on offer. Leading hectic lifestyles and with long working hours, consumers are equipping themselves with portable computers and smartphone which can allow enjoyment of music, video and other content while they are outside the home. Despite this, consumers in Hong Kong still place considerable emphasis and importance on furnishing their residence with a good sound system for relaxation purposes when they are at home.
Industry Prospects
The home audio and cinema products category is expected to see limited growth in retail volume sales with a CAGR of 1% expected over the forecast period. Volume sales are expected to reach 361,000 units in 2018. Audio products will face more competition from portable computers and smartphones over the next few years as consumers become more mobile, with a consequent increase in spending on tablets and smartphones instead of home audio and cinema products.
Full Report Details at
- http://www.fastmr.com/prod/946431_home_audio_and_cinema_in_hong_kong_china.aspx?afid=301
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Hong Kong, 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 Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home Audio and Cinema in Hong Kong, 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 Hong Kong, China?
* What are the major brands in Hong Kong, 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
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
You may also be interested in these related reports:
- Home Audio and Cinema in Hungary
- Home Audio and Cinema in South Korea
- Home Audio and Cinema in Russia
- Home Audio and Cinema in France
- Home Audio and Cinema in Norway
"Home Audio and Cinema in Hong Kong, China" is now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001