PROSPECTS AND OPPORTUNITIES
Omnichannel approach to gain momentum among appliances and electronics specialists
An upturn in the number of outlets is expected for appliances and electronics specialists through the forecast period, supported by an adaptation to the changing retail environment in Malaysia. This is also predicted to generate healthy retail value (constant 2024 prices) growth.
Energy-efficiency initiatives and accessible payment plans to pique the interest of consumers
The anticipated upturn in appliances and electronics specialists is also based on growing awareness of and access to energy-efficient products. As households struggle to cope with financial burdens, they are increasingly attuned to ways to reduce energy usage and bills.
Mobile phone specialists to add dynamism to appliances and electronics retailing
Over the forecast period, mobile phone specialists are expected to see increasingly significant development and growth, due to high interest from the large number of digital-savvy Malaysians. Telco players are focused on enhancing the customer shopping and user experience.
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Overview:
Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Malaysia 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 Malaysia, 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 Malaysia 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 Malaysia?
- Which are the leading retailers in Appliances and Electronics Specialists in Malaysia?
- 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 Malaysia - Category analysis
KEY DATA FINDINGS
Competition from a rising number of e-commerce retailers informs the downturn in appliances and electronics specialists
Harvey Norman benefits from strong expansion and development plans
Strong growth potential lies in the development of smart and sustainable home living
Omnichannel approach to gain momentum among appliances and electronics specialists
Energy-efficiency initiatives and accessible payment plans to pique the interest of consumers
Mobile phone specialists to add dynamism to appliances and electronics retailing
Retail in Malaysia - Industry Overview
Retail in 2024: The big picture
Expansion plans and price competition intensify the landscape
Players look to technology and experiential shopping to gain a competitive edge
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Chinese New Year
Hari Raya Aidilfitri
Deepavali
Christmas
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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