Boston, MA -- (ReleaseWire) -- 07/09/2014 -- The prevailing trends in electronics and appliance specialist retailers during 2013 were mostly continuations of trends which were already evident during previous years of the review period. The major trend in the category during the year was the major shift towards products which represent the latest innovations in consumer appliances and the latest technology in consumer electronics. At the same time, the unit prices charged for consumer electronics and consumer appliances in Russia are consistently decreasing as the supply of these products continues to increase. Russians are generally unwilling to pay more than what they perceive as acceptable for products with regular and common functions and features. The most visible effect of this was seen in the retailing of mobile phones, where demand for feature phones has plummeted amidst a very strong increase in demand for smartphones. In televisions, meanwhile, the prevailing trends in 2013 were for smart TVs with internet connections and 3D functions, while in digital cameras rising sales of SLR cameras and compact system cameras was evident. All of these trends combined to boost value growth in electronics and appliance specialist retailers in 2013, with current value sales rising by 12%.
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Discover the latest market trends and uncover sources of future market growth for the Electronics and Appliance Specialist Retailers industry in Russia with research from Euromonitor's team of in-country analysts.
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If you're in the Electronics and Appliance Specialist Retailers industry in Russia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Electronics and Appliance Specialist Retailers in Russia market research report includes:
- Analysis of key supply-side and demand trends
- Detailed market shares for international and locally-based retailers
- Historic number of stores, selling space and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- How big is the Electronics and Appliance Specialist Retailers channel in Russia?
- Who are the leading retailers in Russia?
- How are electronics and appliance specialists competing against the grocers?
- How is the internet affecting electronics and appliance specialists?
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Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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