Asia Pacific

2020 was an unprecedented year globally, and this was reflected in computers in Japan. Being the most used operating system for computers, the launch of a new Windows OS and the end of support of a Windows OS were key triggers for replacement…

2022 was a difficult year for players in consumer electronics. Price increases on materials, including semiconductor chips, and the weakened Japanese yen made it difficult for brands to secure profits. Some could easily apply price increases for…

Headphones in Japan saw fairly flat sales in 2022, and this is set to continue in 2023. Both in volume and current value terms, these two years are set to see growth or declines of less than 1%. Looking at category performances in volume terms,…

2023 is set to be another year of volume decline for home audio and cinema. Indeed, sales in the category have been decreasing for over a decade. It is clear that the decrease is due to a structural shift in how consumers engage with music. This has…

There was huge demand for televisions in the country little more than a decade ago. During the period 2009-2011, two drivers pushed up sales of televisions significantly. One was the shift of broadcasting from analogue to digital in July 2011. The…

Volume sales of digital cameras are set to see another year of decline in 2023. Over the last decade, volume sales have been on an unstoppable decreasing trend. One factor which is positive, however, is that the negative volume growth rate expected…

After a double-digit retail volume decrease was seen for in-car entertainment in 2020, brought about by home seclusion during the pandemic, in-car entertainment experienced a further almost double-digit decline in 2021. The decrease slowed in 2022,…

A truth in smartphones is that it is a scale business. The larger the volume produced, the better the cost, because it is easier to receive volume discounts from device makers. Large global players such as Apple, Samsung, and Xiaomi enjoy this…

It was in May 2022 that Apple announced it was discontinuing its iPod brand. Apple’s iPod is an iconic device, changing the face of music over the last two decades. With the advertising copy “1,000 songs in your pocket”, the first model debuted in…

Wearable electronics saw strong volume growth due to the COVID-19 pandemic, and this has continued, with double-digit growth expected in 2023. Health consciousness amongst consumers has spiked since COVID-19, and from 2020 there has been a wide…

Retail volume sales of computers and peripherals registered a dramatic slump in 2023, in contrast to the positive performances of the previous two years. Households were reluctant to spend their hard-earned money on discretionary purchases, as fears…

Retail volume sales of consumer electronics continued to fall in 2023, with the rate of decline accelerating compared to the previous year. This was mainly the result of a slump in demand for computer and peripherals, although almost all other…

Retail volume sales of headphones continued to decline in 2023, despite the increasingly important role they play in consumers’ lives. In addition to providing a high-quality audio experience for music and other forms of entertainment, they can also…

Home audio and cinema continued to decline in retail volume and current value terms in 2023, a course that looks set to persist into the forecast period. Products such as hi-fi systems are seen as unnecessary for most Taiwanese, and increasingly…

Retail volume sales of home video, which is dominated by LCD TVs, saw a decline in 2023, in contrast to the modest growth seen in the previous year. Households were reluctant to spend their hard-earned money on higher-priced consumer electronics, as…

Retail volume sales of imaging devices suffered a further decline in 2023, continuing the trend of the review period. This was due to the waning fortunes of digital cameras, which were severely challenged by continuous advancements in smartphone…

In-car entertainment continued its downward spiral in 2023, a trend that is set to continue throughout the entire forecast period. In-car navigation saw the most significant decline in sales in retail volume terms, largely due to the deepening…

Retail volume sales of mobile phones continued to decline in 2023. Households were reluctant to spend their hard-earned money on discretionary purchases, as fears over inflation and interest rate rises took their toll on consumer confidence.…

Wireless speakers continued to drive growth in portable players in 2023, being the only product area to have recorded a positive increase in sales in retail volume terms. Compact, portable and affordable, as well as being compatible with “on-the-go”…

Wearable electronics continued to see a healthy performance in retail volume terms in 2023, supported by increased purchases of activity watches and smart wearables. Prevailing health and wellness trends and the high levels of convenience and…

Following two years of strong retail volume growth at the height of the COVID-19 pandemic, computers and peripherals slowed down in 2022. This trend continued in 2023, with portable computers witnessing negative retail volume growth. During the…

Consumer electronics witnessed solid retail volume and current value growth in 2023, although performances varied across different categories. While in-home and portable consumer electronics fared well due to robust growth in True Wireless Stereo…

After seeing tremendous growth in the past two years, TWS witnessed a slowdown in 2023 in retail volume and current value terms. TWS earbuds have surged in popularity in recent years as consumer prefer the absence of wires (allowing for greater…

In 2023, home audio and cinema in India continues to face decline in retail volume terms, due to macroeconomic factors and waning consumer interest in such products. Rising inflationary concerns are dampening demand for home audio and cinema as these…

In 2023, the home video category in India continues to grow in retail volume and current value terms, mainly due to the rising adoption of internet-enabled smart TVs. Factors such as increased affordability, rising internet penetration, the rollout…

Retail volume sales of digital cameras and digital camcorders continue to decline in 2023, due to rising smartphone penetration and weak macroeconomic factors. Imaging devices are being purchased by consumers interested in documenting events, such as…

Retail volume and current value sales of in-car entertainment continued to decline in 2023 due to multiple factors. Firstly, new car models are increasingly coming pre-equipped with the latest technology and components such as built-in navigation…

In 2023, the mobile phones category in India witnessed decline in retail volume terms, due to lower demand for feature phones that face fierce competition from smartphones. Limited innovation and unfavourable macroeconomic conditions have also…

In 2023, portable players in India saw positive retail volume and current value growth, driven solely by the sale of wireless speakers. The vast majority of sales in portable players can be attributed to wireless speakers, which are witnessing…

Wearable electronics in India continues to experience robust growth, driven by falling unit prices, technological advancements and growing consumer awareness of health and wellness. Intense competition among existing players and new entrants has…

In 2024, volume sales of both business and retail computers in China are expected to experience a single-digit decline. After the onset of the pandemic in 2020, the demand for remote working and education increased, leading to a surge in retail and…

After reaching its nadir in both volume and value terms in 2023, in 2024 consumer electronics in China is set to start its recovery process, as the country is gradually emerging from the post-pandemic recession. However, performances are expected to…

The overall volume performance of headphones in China is expected to remain robust in 2024, with strong single-digit retail volume growth, although with falling unit prices retail current value sales are set to see a negligible decline. Certainly,…

Home audio and cinema in China is set to experience another year of decline in retail volume and current value terms in 2024, with falling sales across categories. This partly reflects broader economic trends. The global economic slowdown has led to…

Home video in China is set to continue to decline in retail volume terms in 2024, with the performance of the overall category dictated by televisions, as sales in video players are expected to be negligible and declining in 2024. Retail volume sales…

After a year of dynamic growth in 2023, sales of imaging devices in China are expected to stabilise in 2024, with both retail volume and current value sales expected to see moderate declines. On the one hand, giants in imaging devices, such as Canon…

For another consecutive year, retail volume sales within in-car entertainment in China are expected to fall in 2024, with decreases in sales anticipated across all categories. With advances in technology pertaining to multifunctional in-vehicle…

After a period of retail volume decline, sales of mobile phones in China returned to growth in the second half of 2023, and the category is expected to see a positive performance in 2024 overall, with solid growth anticipated in volume terms, and…

In 2024, portable players in China is set to maintain a similar performance to 2023, with decline in retail volume terms, but growth in current value terms. Overall, the advances in technology seen in multifunctional consumer electronics such as…

Overall wearable electronics in China is expected to see another year of low retail volume decline in 2024. Factors contributing to the decline in wearable electronics in 2024 include rising unit prices across categories, and the lengthening…

In Singapore, computers and peripherals is expected to continue to experience retail volume decline in 2024, although at a slower rate than in the previous year. This fall in sales can partly be attributed to the surge in spending on computers and…

Although consumer electronics in Singapore is set to return to retail volume growth in 2024, mixed performances are expected across various categories. For instance, portable consumer electronics is expected to see solid single-digit retail volume…

In Singapore, headphones is expected to experience significant retail volume growth in 2024. True Wireless Stereo (TWS) earbuds has become the frontrunner, offering a wide array of options across various price points. This growth can be attributed to…

In 2024, home audio and cinema in Singapore is expected to maintain its downward trajectory in retail volume terms, with all categories set to see their sales fall. Several factors are contributing to this negative performance. Amongst the primary…

In Singapore, home video is anticipated to face decline in retail volume terms in 2024. The home video category, which predominantly comprises televisions, following the discontinuation of video players in 2021 due to the surge in digital streaming,…

In Singapore, imaging devices is anticipated to continue its dynamic decline in retail volume terms in 2024. The ongoing waning appeal of digital cameras is being driven by the widespread adoption of smartphones for capturing photographs. With…

In-car entertainment in Singapore is expected to remain one of the smallest categories within consumer electronics in 2024, and also maintain its long-standing declining trend in retail volume terms. This is mainly because more people are using…

After the challenges faced in 2022 and 2023 due to the economic impact of the pandemic, mobile phones in Singapore is set to show signs of recovery in retail volume terms in 2024. With feature phones ceasing to have a notable presence in the country…

In 2024, portable players is anticipated to maintain solid retail volume growth in Singapore, with wireless speakers remaining the only category with notable sales within portable players. The widespread popularity of wireless speakers in the local…

Singapore is expected to continue to witness a surge in demand for wearable electronics in retail volume terms in 2024. Spearheading this growth is smart wearables, which is anticipated to experience another year of double-digit retail volume and…