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Home Audio and Cinema in Hungary

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    Report

  • 17 Pages
  • July 2023
  • Region: Hungary
  • Euromonitor International
  • ID: 2316020
Home audio and cinema recorded strong volume decline in 2023 as these products faced competition from wireless sound systems, the increasing sound quality of portable computers and smartphones, and a growing preference for compact and interior design-friendly audio alternatives. Households are getting smaller in Hungary, and as a result, living space is also getting smaller. This is pushing volume sales away from bulky home audio and cinema to more compact substitutes such as wireless speakers.

The analyst's Home Audio and Cinema in Hungary report offers a comprehensive guide to the size and shape of the in-home, portable and in-car consumer electronics products markets at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, distribution or pricing issues. Forecasts illustrate how the market is set to change.

Product coverage:
Audio Separates, Digital Media Player Docks, Hi-Fi Systems, Home Cinema and Speaker Systems, Other Home Audio and Cinema, Speakers.

Data coverage:
Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Home Audio and Cinema market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

HOME AUDIO AND CINEMA IN HUNGARYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Sales impacted by rising demand for compact audio alternatives
  • Obsolete other home audio and cinema products
  • Retail e-commerce benefits from convenience and favourable pricing
PROSPECTS AND OPPORTUNITIES
  • Home audio and cinema will fail to attract consumers
“Non-essential” hi-fi systems and home cinema and speaker systems
  • Innovation set to benefit speakers
CATEGORY DATA
  • Table 1 Sales of Home Audio and Cinema by Category: Volume 2018-2023
  • Table 2 Sales of Home Audio and Cinema by Category: Value 2018-2023
  • Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2019-2023
  • Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2020-2023
  • Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2019-2023
  • Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2023-2028
  • Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2023-2028
  • Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2023-2028
  • Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2023-2028
CONSUMER ELECTRONICS IN HUNGARY
EXECUTIVE SUMMARY
  • Consumer electronics in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer electronics?
MARKET DATA
  • Table 12 Sales of Consumer Electronics by Category: Volume 2018-2023
  • Table 13 Sales of Consumer Electronics by Category: Value 2018-2023
  • Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2018-2023
  • Table 15 Sales of Consumer Electronics by Category: % Value Growth 2018-2023
  • Table 16 NBO Company Shares of Consumer Electronics: % Volume 2019-2023
  • Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2020-2023
  • Table 18 Distribution of Consumer Electronics by Channel: % Volume 2018-2023
  • Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2023-2028
  • Table 20 Forecast Sales of Consumer Electronics by Category: Value 2023-2028
  • Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2023-2028
  • Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research