PROSPECTS AND OPPORTUNITIES
Less positive outlook for physical specialist retailers
The outlook for brick-and-mortar appliances and electronics specialists is considered less positive than at the end of the review period. As part of a general trend for online sales in retailing, physical appliances and electronics specialists are expected to come under stronger pressure.
The online space is set to grow in importance
CZC, the second-ranked brand in appliances and electronics specialist e-commerce in retail value sales, moved to Allegro.pl as part of the latter’s acquisition of Mall Group towards the end of the review period.
Discounts and private label to stimulate purchases
Price promotions and discounts and private label are expected to boost purchases of consumer appliances and electronics in the forecast period. With the economic situation improving only slowly, consumers remain price-conscious and keen to find the best deals.
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Overview:
Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Czech Republic 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 Czech Republic, 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 Czech Republic 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 Czech Republic?
- Which are the leading retailers in Appliances and Electronics Specialists in Czech Republic?
- 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 the Czech Republic - Category analysis
KEY DATA FINDINGS
Stabilisation following strong rebound from the COVID-19 slump
Datart is set to strengthen its leading position in the competitive landscape
Outlet network expansion boosts retail value shares
Less positive outlook for physical specialist retailers
The online space is set to grow in importance
Discounts and private label to stimulate purchases
Retail in the Czech Republic - Industry Overview
Retail in 2024: The big picture
Automation offers operating cost reductions
Private label and price promotions gain weight as consumers look for value for money
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Shopping Season Name
Christmas
Easter
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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