Kuwait Consumer Electronics Report Q3 2016 - New Study Released

Kuwait's oil- centric economy means the economic and consumer electronics outlook is linked to expectations around price trends, and our country risk team expects slower growth in private consumption over the medium term, at about half the rate of 2010 to 2015. We believe a downturn in price, and so domestic economic sentiment, has put consumer electronics devices spending growth on a low trajectory, exacerbating an existing slowdown resulting from saturation in key device categories. These factors are behind our forecast for total device spending to contract at a CAGR of - 0.8 % 2016-2020. Despite the pressures on device spending, it remains a lucrative market for vendors, with short replacement cycles and premium preference of Kuwaiti nationals supporting demand.

Latest Updates And Industry Developments

Full Report Details at
- http://www.fastmr.com/prod/1182818_kuwait_consumer_electronics.aspx?afid=301

PC Sales: USD454mn in 2016 to USD428mn in 2020, corresponding to a CAGR of -1.4%. Population growth a positive but weak consumption outlook in a saturated market will outweigh this upside and result in mild contraction of retail hardware spending.

AV Sales: USD324mn in 2016 to USD303mn in 2020, a CAGR of -1.4%. Although we envisage contraction, Ultra-HD TV set upgrades will underpin stronger performance 2016-2020 compared to 2015.

Handset Sales: USD557mn in 2016 to USD564mn in 2020, a CAGR of 0.1%. The high replacement rate and premium preference of Kuwaiti nationals means the market will continue to be lucrative in per capita terms despite saturation.

The Kuwait 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 Kuwait.

BMI Research'sKuwait 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 Kuwait.

Key Benefits
Benchmark BMI's independent consumer electronics industry forecasts for Kuwait to test other views - a key input for successful budgeting and strategic business planning in the Kuwaiti consumer electronics market.
Target business opportunities and risks in Kuwait 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

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 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Poland Consumer Electronics Report Q3 2016
- Indonesia Consumer Electronics Report Q3 2016
- Thailand Consumer Electronics Report Q3 2016
- Peru Consumer Electronics Report Q3 2016
- Israel Consumer Electronics Report Q3 2016