PROSPECTS AND OPPORTUNITIES
Decline expected
Driven by the steep decline in sales of Hi-Fi, digital media player docks and other home audio and cinema, overall home audio and cinema category volumes are expected to decline over the forecast period. The increase in audio separates deriving from vinyl players and in soundbars will not be enough to prevent a trend of decline as growth in these categories is set to remain low.
Lower investment from major players
The forecast period is expected to see limited investment in home audio and cinema by leading manufacturers given the category’s low growth potential. Both Samsung and LG are reducing their commitment to home audio and cinema.
Lack of innovation and declining product variety
There is limited potential for innovation in home audio and cinema amidst the category’s low growth potential and the fact that manufacturers are shifting their focus to more lucrative categories. Product variety is forecast to decline as well as availability, with retailers allocating less space to home audio and cinema.
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Overview:
Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Greece 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 Home Audio and Cinema industry in Greece, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Home Audio and Cinema in Greece 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 Home Audio and Cinema in Greece?
- Which are the leading brands in Greece?
- How are products distributed in Greece?
- How is the rise of e-commerce changing the retail landscape?
- How has COVID-19 and accordant macroeconomic and retail disruption impacted consumer demand?
- How are considerations such as urban development and the rise in single-person households driving sales growth?
- Where is technology taking the market? Which products are pioneering growth? Which face obsolescence?
- Where is future growth expected to be most dynamic?
Home Audio and Cinema in Greece - Category analysis
KEY DATA FINDINGS
Soundbars seeing strong performance
LG Electronics out in front, but losing share
Appliances and electronics specialists dominant, but seeing share eroded
Decline expected
Lower investment from major players
Lack of innovation and declining product variety
Consumer Electronics in Greece - Industry Overview
Consumer electronics in 2025: The big picture
2025 key trends
Competitive landscape
Channel developments
What next for consumer electronics?
DISCLAIMER
The following categories and subcategories are included:
Home Audio and Cinema
- Audio Separates
- Digital Media Player Docks
- Hi-Fi Systems
- Home Cinema and Speaker Systems
- Speakers
- Other Home Audio and Cinema
Home Audio and Cinema
Home audio and cinema consist of Audio Separates, Home Cinema & Speaker Systems, Hi-Fi Systems and Other Home Audio & Cinema.
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 Home Audio and Cinema research and analysis database.
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