PROSPECTS AND OPPORTUNITIES
Limited growth expected due to economic improvement offset by restricted access to credit
The appliances and electronics specialists sector is projected to continue expanding, albeit at a slow pace. Growth is expected to gradually accelerate as Peru’s economy stabilizes and consumer confidence improves.
Financial constraints continue to impact credit availability for appliances and electronics purchases
High-value appliance purchases typically require financing, which is often facilitated directly by appliances and electronics retailers through partnerships with financial institutions. Many of these financing partners belong to the same business groups as the retailers themselves.
Expansion of physical stores remains a priority, with a focus on omnichannel integration
Leading appliances and electronics retailers plan to continue expanding their store networks in the coming years. Physical stores remain highly valued not only as sales points but also as essential collection hubs for online purchases, reinforcing the importance of omnichannel strategies.
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Overview:
Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Peru 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 Peru, 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 Peru 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 Peru?
- Which are the leading retailers in Appliances and Electronics Specialists in Peru?
- 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 Peru - Category analysis
KEY DATA FINDINGS
Modest growth in appliances and electronics specialists driven by economic recovery but constrained by limited access to credit
Conecta Retail SA maintains leadership through La Curacao and Tiendas Efe
Coolbox emerges as the fastest-growing player in the sector
Limited growth expected due to economic improvement offset by restricted access to credit
Financial constraints continue to impact credit availability for appliances and electronics purchases
Expansion of physical stores remains a priority, with a focus on omnichannel integration
Retail in Peru - Industry Overview
Retail in 2024: The big picture
New store openings drive growth across multiple categories
E-commerce remains a key focus for retailers
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Mother´s Day
Father´s Day
Children´s Day
National Holidays of Peru
Back to school
Valentine´s Day
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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