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Spain Consumer Electronics Q3 2019

Key View:

Spain's consumer electronics market is expected to cool in 2019 after there was strong growth in spending in 2017 and2018 as the local economy strengthened. The market will therefore return to a lower but more sustainable trajectory with devicespending growth based on rising purchasing power that enables a higher value sales mix on replacement purchases, therebycompensating for the diminished volume growth potential in a mature market where device ownership is already widespread. Themain downside risk is for global or regional headwinds to result in weaker economic growth in Spain, or a lesser degree of euroappreciation against the US dollar over 2019-2023.

Key View
Consumer Electronics SWOT
Industry Forecast
Industry Risk/Reward Index
Slow Economic Growth Weighs On European Consumer Electronics Sales Outlook
Market Overview
Industry Trends And Developments
Competitive Landscape
Spain Demographic Outlook
Consumer Electronics Methodology

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