In line with changes in consumer lifestyles, volume sales of home audio and cinema are set to decline further. Consumers increasingly opt for products they can use both in and outside of the home.
Soundbars face a more uncertain future as sales performance is strongly tied to trends in TVs. The switch towards more premium TVs, with growth deriving primarily from OLED TVs, is set to hinder demand for sound bars in the upcoming period.
In addition to Gen Z and Millennials that are increasingly shifting to platforms such as Spotify and You Tube for music and video consumption, older generations are also gradually adopting digital media. Radio has traditionally been popular in Greece, but this medium is also shifting online.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Greece 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 Greece, 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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