Appliances and electronics specialists is projected to see a further slight drop in retail value (constant 2023 prices) sales in 2024 before rebounding to post moderate growth as the forecast period progresses. The key obstacles to the development and growth of store-based appliances and electronics specialists are the slowdown in the Swedish economy and high competition from retail e-commerce.
The anticipated acceleration of the existing technologies and appearance of new ones are expected to encourage consumers to look for new devices. Smart home systems and connected devices, new TV screen technologies like OLED, various fitness and health-orientated gadgets, AI-driven devices, extended reality technologies like Apple Vision Pro to stimulate online experience, robotic appliances, advanced home entertainment systems, and others, will keep consumers’ attention.
Various sustainable targets are crucial factors in the strategy planning of all appliances and electronics specialists in Sweden. In this vein, Komplett plans to generate 15% of revenue from circular business models by 2028.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Sweden 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 Sweden, 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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