2014-02-07 18:09:01 - Egypt Consumer Electronics Report Q1 2014 - a new market research report on companiesandmarkets.com
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. However, in the short term the picture is more mixed, and we see consumer electronics spending contracting by 0.1% in US dollar terms in 2013 as a result of tightening of credit availability and a depreciation of the local currency, making imported products more expensive.
We believe the effect will be strongest for bigger ticket items including TVs and PCs, while handsets will be the only segment to register growth in 2013.
Headline Expenditure Projections:
Computer hardware sales: US$834mn in 2012 to US$775mn in 2013, -7.1% in US dollar terms. Sales have been
hit by the economic and political situation, with lack of credit and currency depreciation hurting sales as price sensitive consumers defer purchases.
Click for report details: www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..
Browse all Consumer Goods Market Research Reports www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..
Browse all Consumer Goods Company Profile Reports www.companiesandmarkets.com/Market/Consumer-Goods/Company-Profil ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.