PROSPECTS AND OPPORTUNITIES
New Zealand government announces plans for new public housing
The Government has allocated NZ$140 million over the next four years for the development of 1,500 new social houses. As such, the outlook looks brighter for appliances and electronics specialists as more homeowners look to equip their homes with new devices.
Static competitive landscape expected as consumers seek reliability
When it comes to electronics and other appliances for the home, price and value are among the most important features. However, consumers also want products that are reliable and will last for a long time, so they do not need to replace them too frequently.
Physical retailers must find ways to keep up with rapid growth of e-commerce
The rapid growth of e-commerce presents itself as a challenge for traditional brick-and-mortar retailers in New Zealand as more consumers switch to making purchases online. To combat this, retailers must find other ways to retain customers and use their physical presence to their advantage, rather than let it be a barrier to growing their business.
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Overview:
Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in New Zealand 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 New Zealand, 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 New Zealand 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 New Zealand?
- Which are the leading retailers in Appliances and Electronics Specialists in New Zealand?
- 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 New Zealand - Category analysis
KEY DATA FINDINGS
Cost of living crisis continues to limit discretionary spending
JB Hi-Fi growth continues in New Zealand
Sustainability continues to be a driving factor behind replacing appliances
New Zealand government announces plans for new public housing
Static competitive landscape expected as consumers seek reliability
Physical retailers must find ways to keep up with rapid growth of e-commerce
Retail in New Zealand - Industry Overview
Retail in 2024: The big picture
Highly promotional retail environment
Retail crime on the rise amidst tough economic period
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
End of Financial Year Sale
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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