With the rising cost of living and prevailing economic uncertainty demand for electronics and appliances is projected to remain relatively low. As such, appliances and electronics specialists are trying to find ways to entice customers into their stores and thus increase their sales.
When it comes to appliances and electronics specialists taking an omnichannel approach this is likely to increasingly include not just online and physical retail sales, but also the adoption of online marketplaces. E-commerce marketplaces have specific benefits for retailers, as they can offer their platform and web traffic to external sellers, who in turn help can help increase turnover which might otherwise have gone to the competition.
Until the economic situation improves it is likely that consumers will continue to limit their spending on non-essential items, including when it comes to appliances and electronics. However, the housing market in the Netherlands is projected to improve with increased house prices and a higher number of transactions expected from 2024.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Netherlands 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 Netherlands, 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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