Home Audio and Cinema in Canada - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-20 16:01:04
Sony of Canada, Panasonic Canada and Samsung Electronics Canada are the leaders in home audio and cinema, accounting for 50% of retail volume sales in 2012. Sony of Canada holds the first place with a 32% volume share followed by Panasonic Canada with 11% and Samsung Electronics Canada with 7%.
Home audio and cinema continues to face challenging conditions, with current value sales falling for the sixth consecutive year and volume sales down by the second consecutive year in 2013. The category was dragged down by weakness in home cinema and speaker systems, which declined by 10% in current value in 2012 and by 9% in 2013. Volume sales in this category fell by 3% in 2012 and by another 5% in 2013. Overall, home audio and cinema saw a -9% volume CAGR and -10% current value CAGR over the 2007-2012 review period.
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