Recent Study: Bulgaria Consumer Electronics Report Q2 2014
Despite the short term challenges presented by the weak economic environment we consider the consumer electronics market in Bulgaria to have strong medium-term growth potential. There is relatively low device penetration in most categories meaning vendors can tap the first-time buyer and upgrade/ replacement market as incomes rise. As device prices decline and incomes rise we believe Bulgaria could be a regional outperformer over the medium term. However, in the short term we expect difficult trading conditions to persist in...
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