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Home Audio and Cinema in Argentina - New Market Report

New Consumer Goods research report from Euromonitor International is now available from Fast Market Research


Boston, MA -- (SBWIRE) -- 11/28/2014 -- Volume sales growth of home audio and cinema during 2013 was driven by government policies protecting local production by imposing a mix of artificial barriers including non-automatic import licences and differential tax rates and duties on imports. In a context of high inflation and devaluation rates, home audio and cinema could cap with a deteriorating economic context thanks to the increasing penetration of local manufacturers, as they continue to substitute imports by widening their product portfolio particularly in hi-fi systems and home cinema and speakers systems. In contrast to other categories within consumer electronics, volume sales of home audio and cinema grew by 1% in 2013. However, in 2014 volume sales contracted by 2% due to a tightening in import barriers that hurts production and sales through imported parts for local producers.

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Industry Prospects

Home audio and cinema is forecasted to contract at a volume CAGR of 0.1% over the forecast. Compared to the 5% CAGR seen over the review period, the sharp decline is driven by a worsening scenario regarding imports of both final products and inputs for local manufacturers, a continuing hike in unit prices from peso devaluations and high inflation rates eroding consumers? purchasing power. Most importantly, financial facilities offered over the review period that boosted sales, including 24 and 48 installments with no interest rate charges, are no longer available given the hike in interest rates seen in late 2013 and early 2014.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Argentina with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Home Audio and Cinema industry in Argentina, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Argentina market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Home Audio and Cinema in Argentina?
- What are the major brands in Argentina?
- What is the growth rate for Home Cinema and Speaker Systems?

Reasons to Get 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

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Browse all Consumer Goods research reports at Fast Market Research

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