New Consumer Goods market report from Euromonitor International: "Imaging Devices in Argentina"
Boston, MA -- (SBWIRE) -- 11/19/2014 -- Due to a resolution from the Ministry of Industry (45/2011), imports of consumer electronics devices including cameras and camcorders, CD players, MP3, TVs (LCD, plasma and LED TVs) amongst others have been restricted by the application of non-automatic import licenses in order to preserve national products on the local market. Since then, volume sales have been contracting sharply at rates higher than that expected for products transiting a declining phase in the product?s life cycle. The CAGR for imaging devices over the review period extended to -5%, concentrating large declines between 2011 and 2013.
Retail volume sales of imaging devices are expected to contract at a -11% CAGR over the forecast period, driven by increasing sales and penetration rates for competing devices like smartphones and tablets, with many international brands producing locally, a reduced demand for tourism due to tax hikes and also a reduced availability of financial lending and tighter conditions than those seen over the review period with 24 interest-free instalments available through card lending.
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Discover the latest market trends and uncover sources of future market growth for the Imaging Devices 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 Imaging Devices industry in Argentina, our research will save you time and money while empowering you to make informed, profitable decisions.
The Imaging Devices 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 Imaging Devices in Argentina?
- What are the major brands in Argentina?
- What is the growth rate for digital cameras?
- How is the growth of mobile phone cameras affecting the traditional camera market?
- What are the latest trends in mirrorless cameras?
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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