Home audio and cinema is predicted to record further retail volume and value declines over the forecast period, although home cinema and speaker systems will remain one of the stronger performers. New lines of soundbars are emerging with integrated AI features.
Australians are becoming increasingly aware of the audio quality experience, with some preferring to have external sound systems that complement the visual experience when watching television. They are also attracted to having a soundbar system within their homes.
Many products in home audio and cinema are set to enter a niche phase where they only appeal to a small committed group of audiophiles over the forecast period. While vinyl players and soundbars offer some reason for hope, overall retail volume sales of home audio and cinema are predicted to further decline over the forecast period.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Audio and Cinema industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Audio and Cinema
Home audio and cinema consist of Audio Separates, Home Cinema & Speaker Systems, Hi-Fi Systems and Other Home Audio & Cinema.
See All of Our DefinitionsThis report originates from Passport, our Home Audio and Cinema research and analysis database.
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