With the country experiencing more controlled inflation rates towards the end of the review period and consumers looking to renovate and buy new products over the forecast period, the outlook for appliances and electronics specialists is positive. Chilean consumers are looking to access both top of the line and affordable electronics and appliances, which allow them to achieve their personal and home needs.
The growth of private label appliances and electronics, offered mainly by department stores with attractive prices, is set to place further pressure on specialists. Therefore, these players will need to increase their customer service offering and differentiate themselves by providing greater guidance during the research and shopping process via their own e-commerce platforms.
Increasing after-sale services could present a key opportunity for appliances and electronics specialists. Currently, repairs tend to be driven by authorised technical centres assigned by manufacturers, but the offer remains limited, and quite often, the consumer experience is not always positive.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Chile with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Appliances and Electronics Specialists industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Appliances and electronics specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: domestic electrical appliances, consumer electronics (including mobile phones), and/or computers and peripherals. Appliances and electronics specialists value sales excludes revenues derived from telecoms service plans and top-up cards. Example brands include Apple, Best Buy, and Gome.
See all of our definitionsThis report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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