Market Report, "Egypt Consumer Electronics Report Q2 2014", Published
After a challenging 2013 during which currency depreciation and lack of access to credit on favourable terms stymied market growth, we expect consumer electronics spending growth to recover from 2014. The medium term outlook for Egypt's consumer electronic market is strong, with favourable demographics, rising incomes and investment supporting infrastructure such as telecoms networks and retail/distribution combining to drive growth. We expect total spending to increase at a CAGR of 7.9% 2014-2018, from US$3.1bn in 2014 to US$4.2bn in 2018....
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