PROSPECTS AND OPPORTUNITIES
Improved sales expected over the forecast period
If the chronically underperforming Finnish economy takes turns for the better and Finnish consumers see their purchasing power improve, the offline channel may perform better over the forecast period than it did in the late review period.
Significance of e-commerce is set to increase further
Finnish consumers are increasingly attracted to e-commerce, and this poses a further threat to offline sales. For example, the collaboration between Verkkokauppa.
Potential for increased sales of second-hand electronics
Second-hand products are not only preferred by low-income consumers but have become trendy among those who can afford new products, with less stigma than before.
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Overview:
Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Finland 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 Finland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Appliances and Electronics Specialists in Finland report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Appliances and Electronics Specialists in Finland?
- Which are the leading retailers in Appliances and Electronics Specialists in Finland?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Appliances and Electronics Specialists in Finland - Category analysis
KEY DATA FINDINGS
Third year in a row of declining value sales for appliances and electronics specialists
Gigantti remains the leading chain in 2024
Appliances and electronics chains remain among biggest overall retail chains in Finland
Improved sales expected over the forecast period
Significance of e-commerce is set to increase further
Potential for increased sales of second-hand electronics
Retail in Finland - Industry Overview
Retail in 2024: The big picture
Domestic giants continue leading retail in Finland
Still room for growth in e-commerce
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Mother’s and Father’s Day
Back to school
DISCLAIMER
Appliances and Electronics Specialists
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 definitionsWhy buy 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
This report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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