The Retail Market for Headphones
As consumers have increasingly adopted smartphones, tablets, computers and other headphone-compatible devices, sales for The Retail Market for Headphones industry have risen strongly. Consumers have become less wary of spending on discretionary items over the five years to 2018, as per capita disposable income and consumer confidence have risen and the unemployment rate has dropped. Furthermore, the industry has benefited from a rise in the popularity of products spanning a wide range of price points. As the US dollar has appreciated, both retailers and consumers have benefited from an inexpensive flood of new products into the market from foreign manufacturers, bolstering the popularity of lower-end headphones. As a result, industry revenue is expected to increase during the current period. Over the five years to 2023, industry revenue is forecast to continue increasing as a result of continued growth in the use of mobile devices and higher disposable incomes.
This industry sells headphones through traditional brick-and-mortar outlets, online and by mail-order catalog. The industry excludes hearing aids, headphones packaged with other electronic devices, headphone rental and used headphones.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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