Consumer Electronics

As consumer electronics sales slow amid economic uncertainty, companies are prioritising profitability by offering premium models and leveraging new technologies to enhance product offerings to grow their revenues.

Wearable electronics is expected to maintain negligible retail volume growth in Germany in 2024; however, different categories are set to experience different performances. While smart wearables, which account for nearly two thirds of volume sales,…

The retail volume growth rate of portable players in Germany is set to increase in 2024. This is not only due to continued steady growth for wireless speakers, which makes up the vast majority of this category, but also because e-readers is expected…

After years of decline during the post-pandemic years, mobile phones is finally set to experience retail volume growth in Germany once again in 2024. However, this is expected to be exclusively driven by an increase in sales of smartphones, with…

In-car entertainment in Germany is set to continue to decline in retail volume terms in 2024, and at an even more rapid rate than in the previous year, as the devices in this category become increasingly redundant. In-car navigation devices are being…

Imaging devices, both digital cameras and digital camcorders, are set to continue to decline in retail volume terms in Germany in 2024. This can mainly be attributed to the substitution by smartphone cameras. As smartphones have become an…

After consecutive declines over 2021-2023, after the pandemic, home video in Germany is set to grow again in retail volume terms in 2024. This is likely to be driven by the European Championship in football, as well as the Olympic Games, both taking…

Home audio and cinema in Germany is expected to continue to experience retail volume declines across all categories in 2024. This is because consumers are avoiding purchases of products they deem unnecessary in order to save money due to the insecure…

Overall headphones is set to see retail volume growth in Germany in 2024. However, this positive performance is expected to be driven solely by TWS earbuds, which will account for more than 80% of sales, with the premium segment set to see higher…

In 2024, overall consumer electronics in Germany is set to see only minimal growth, which can be attributed to the uncertainty plaguing German consumers due to economic developments, such as increased energy costs. Although the economic situation has…

Computers and peripherals is set to continue to see a significant retail volume decline in Germany in 2024, as consumers are still reluctant to make purchases due to global crises which are leading to the increased cost of living and uncertainty…

Wearable electronics continued to see a healthy performance in retail volume terms in 2024, supported by significantly increased purchases of activity wearables. Prevailing health and wellness trends and the high levels of convenience and…

Wireless speakers continued to drive growth in portable players in Taiwan in 2024. Compact, portable and affordable, and compatible with “on-the-go” lifestyles and other devices, wireless speakers are rapidly growing in popularity among local…

Retail volume sales of mobile phones in Taiwan continued to decline in 2024. Local consumers were reluctant to spend their hard-earned money on discretionary purchases, as fears over inflation and interest rate rises took their toll. Moreover,…

Car sales witnessed significant increases in the retail category in Taiwan in 2024, due to the resolution of chip insufficiency issues. However, in-car entertainment struggled to gain traction in 2024 and continued registering a decline in both…

Sales of imaging devices in Taiwan saw only marginal volume growth and modest current value growth in 2024. Historically purchased mainly by schools and government offices, interest in traditional camcorders has been fading out among local consumers…

Home video in Taiwan is a highly saturated category and saw a significant decline in 2023 due to inflationary spikes and increased expenditure on international travel, but enjoyed a slight increase in 2024 in volume terms and robust current value…

Home audio and cinema continued to decline in retail volume terms and remained flat in current value terms in Taiwan in 2024. Products such as hi-fi systems are seen as unnecessary for most Taiwanese, and increasingly outdated. Distribution of audio…

Retail volume sales of headphones in Taiwan continued to decline in 2024, despite the increasingly important role they play in local consumers’ lives. In addition to providing a high-quality audio experience for music and other forms of…

Consumer electronics in Taiwan saw a decline once again in volume terms but some growth in current value terms in 2024, mainly due to a post-pandemic recovery in expenditure on outbound travel in 2023, along with the launch of more AI-initiated…