New Consumer Goods market report from Euromonitor International: "Home Audio and Cinema in Morocco"
Boston, MA -- (SBWIRE) -- 11/28/2014 -- Hi-fi systems and home cinema and speaker systems benefited from economic growth in Morocco during the review period, with many consumers spending more freely as a result. These product areas also benefited from the widening availability of consumer credit via electronics and appliance specialist retailers such as Microchoix. In addition, while consumers' disposable income levels rose home cinema and speaker systems saw a marked drop of 17% in current value unit price during the review period, making these products more affordable. While hi-fi systems saw more stable pricing, this product area is meanwhile relatively affordable for consumers and thus attracted many during the review period as consumer credit became more available and disposable income levels rose. Hi-fi systems and home cinema and speaker systems were thus the most dynamic product areas in home audio and cinema in 2013, with retail volume sales rising by 5% and 4% respectively over the previous year.
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Economic growth and an expanding mid-income group is expected to drive sales growth for key product areas in home audio and cinema in the forecast period. In addition, leading electronics and appliance specialist retailers are expected to drive sales growth by offering attractive durables lending services. Overall retail volume sales are thus set to see a stronger CAGR of 3% in the forecast period, up from 2% CAGR in the review period.
- Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Morocco 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 Morocco, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home Audio and Cinema in Morocco 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 Morocco?
- What are the major brands in Morocco?
- 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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