PROSPECTS AND OPPORTUNITIES
Economies of scale will be essential for survival
The retail market for appliances and electronics specialists in the Netherlands is expected to experience further consolidation, with dominance by retailers boasting significant scale, strong buying power, or a highly specialised focus. Retailers that respond too slowly to fierce e-commerce competition or fail to establish a clear, distinctive market position are likely to face store closures or exit the market entirely.
Bricks-and-mortar outlets will need to evolve to remain relevant
Despite competition from e-commerce, brick-and-mortar stores will still play a key role, as many consumers prefer to see appliances and electronics in person, seek expert advice, or enjoy in-store experiences that online platforms are unable to replicate. However, only retailers offering exceptional service or a unique shopping experience are likely to survive, while those failing to differentiate themselves risk closure.
Media Markt is well-positioned to outperform its rivals
Leader Media Markt is well positioned for strong performance over the forecast period, supported by its large scale and significant buying power. The retailer also benefits from reduced competition, following the recent exit of several rivals from the market.
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Overview:
Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Netherlands 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 Netherlands, 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 Netherlands 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 Netherlands?
- Which are the leading retailers in Appliances and Electronics Specialists in Netherlands?
- 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 Netherlands - Category analysis
KEY DATA FINDINGS
Rising prices drive growth
Challenging times for bricks-and-mortar retailers
Coolblue continues to thrive, capitalising on exit of BCC
Economies of scale will be essential for survival
Bricks-and-mortar outlets will need to evolve to remain relevant
Media Markt is well-positioned to outperform its rivals
Retail in the Netherlands - Industry Overview
Retail in 2024: The big picture
Big names face bankruptcy
Retail e-commerce sees modest decline
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Sinterklaas (St Nicholas)
Christmas
Winter sales
Summer sales
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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