New Consumer Goods research report from Business Monitor International is now available from Fast Market Research



[ClickPress, Tue May 10 2016] With Peru's consumer electronics market highly dependent on imported devices, nuevo sol depreciation was a drag on demand growth, and we expect there to be further pressure on af fordability in 2016. The medium- term outlook is , however , brighter and we envisage a return to a stronger device demand trend from 2017. As Peruvian households move up the income scale there will be deepening of the market as consumers acquire sufficient disposable income for first-time device purchases, and vendors could tap wider margins as the middle-class expands and price sensitivity gradually diminishes. Our forecast is for a device spending CAGR of 6.9% over 2016-2020 to a total of USD3.6bn in 2020.

Full Report Details at
- http://www.fastmr.com/prod/1170550_peru_consumer_electronics.aspx?afid=301

Latest Updates And Industry Developments

Computer Hardware Sales: USD758mn in 2016 to USD1.12bn in 2020, CAGR of +10.2% in US dollar terms. After a contraction in 2016 the market will experience strong growth as incomes rise, with an added boost from deferred spending in 2015 and 2016.
AV Sales: USD905mn in 2016 to USD1.16bn in 2020, CAGR of +6.4%. Rising incomes will benefit AV demand, with particular opportunities for TV set vendors as incomes rise and digital migration drives upgrades.
Handset Sales: USD1.09bn in 2016 to USD1.32bn in 2020, CAGR of +5.0%. Growth will continue in 2016 as smartphone demand outweighs the impact of depreciation, but over the medium term a diminished pool of first-time smartphone buyers will see the market cool.

The Peru Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Peru.

BMI Research'sPeru Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in Peru.

Key Benefits
Benchmark BMI's independent consumer electronics industry forecasts for Peru to test other views - a key input for successful budgeting and strategic business planning in the Peruvian consumer electronics market.
Target business opportunities and risks in Peru through our reviews of latest industry trends and major deals, projects and investments.
Exploit the latest competitive intelligence with company SWOT analyses.

Coverage

BMI Industry View

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