Appliances and electronics specialists are likely to continue to face challenges over the forecast period, due to ongoing inflationary pressures (in the short-term, at least), alongside the ongoing competition from online channels (notably so for smaller devices). That said, value sales are expected to return to a positive pattern as socioeconomic pressures ease.
The number of environmentally conscious Irish consumers has been rapidly increasing in recent years, and is expected to continue to rise over the forecast period, leading to an increased demand for refurbished tech. This is the other major factor which is posing a threat to appliances and electronics specialists.
In January 2024, Australian retail giant Harvey Norman (Harvey Norman Trading (Ireland) Ltd), which is the leading brand in appliances and electronics specialists in Ireland, announced plans to open a store in England as part of its UK expansion strategy. The opening of the Merry Hill store, in the West Midlands in the UK, is set to mark the beginning of expected further investments in the region, with plans for additional expansions in the coming months.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Ireland 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 Appliances and Electronics Specialists industry in Ireland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Appliances and electronics specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: domestic electrical appliances, consumer electronics (including mobile phones), and/or computers and peripherals. Appliances and electronics specialists value sales excludes revenues derived from telecoms service plans and top-up cards. Example brands include Apple, Best Buy, and Gome.
See All of Our DefinitionsThis report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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