Audio separates, including amplifiers, tuners, vinyl players, and other electronics, is expected to continue shrinking in retail volume terms in the forecast period, as consumers increasingly favour music streaming over physical formats. Nonetheless, amidst this downward trend, there is a glimmer of hope in the renewed fascination with vinyl players amongst Singaporean consumers.
Although vinyl players and soundbars offer a glimmer of hope, the overall sales forecast for home audio and cinema in Singapore indicates a continued decline in retail volume terms. Hi-fi systems, audio separates, and speakers are expected to gradually be phased out and disappear from store shelves.
Home audio and cinema products are mainly distributed by appliances and electronics specialists in Singapore, and this is expected to remain the dominant channel in the forecast period. Local consumers prefer these stores because they can first test products before making a purchase, especially for big-ticket items such as soundbars, as they want to compare different models.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Singapore 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 Singapore, 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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