Kuwait Consumer Electronics Report - Business Monitor International - Industry Reports

Kuwait Consumer Electronics Report

Kuwait Consumer Electronics Report - Business Monitor International - Industry Reports
Kuwait Consumer Electronics Report
Published Jun 11, 2016
57 pages — Published Jun 11, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI forecasts total spending on consumer electronics will contract -.- in ---- to USD-.--bn. A weak economic outlook, combined with mild local currency depreciation against the US dollar - all in a saturated devices market - contributes to our expectation for a second successive year of contraction. ...BMI forecasts total spending on consumer electronics will contract -.- in ---- to USD-.--bn. A weak economic outlook, combined with mild local currency depreciation against the US dollar - all in a saturated devices market - contributes to our expectation for a second successive year of contraction. Our forecast is informed by our Country Risk team s outlook for real GDP growth of -.- in Kuwait and private final consumption growth of -.- in ----. ...This is despite the weak growth prospects, with high incomes, high penetration rates across most device categories and a strong consumption culture.

...BMI View: Kuwait s oil-centric economy means the economic and consumer electronics outlook is linked to expectations around price trends, and our country risk team expects slower growth in private consumption over the medium term, at about half the rate of ---- to ----. We believe a downturn in price, and so domestic economic sentiment, has put consumer electronics devices spending growth on a low trajectory, exacerbating an existing slowdown resulting from saturation in key device categories. ...BMI View: Kuwait s oil-centric economy means the economic and consumer electronics outlook is linked to expectations around price trends, and our country risk team expects slower growth in private consumption over the medium term, at about half the rate of ---- to ----. We believe a downturn in price, and so domestic economic sentiment, has put consumer electronics devices spending growth on a low trajectory, exacerbating an existing slowdown resulting from saturation in key device categories. These factors are behind our forecast for total device spending to contract at a CAGR of --.- ---------. ...These factors are behind our forecast for total device spending to contract at a CAGR of --.- ---------. Despite the pressures on device spending, it remains a lucrative market for vendors, with short replacement cycles and premium preference of Kuwaiti nationals supporting demand.

...PC Sales: USD---mn in ---- to USD---mn in ----, corresponding to a CAGR of --.- . Population growth a positive but weak consumption outlook in a saturated market will outweigh this upside and result in mild contraction of retail hardware spending. ...

  
Source:
Document ID
2040-9621
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Kuwait Consumer Electronics Report" Jun 11, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Kuwait-Consumer-Electronics-Report-2026-918>
  
APA:
Business Monitor International - Industry Reports. (2016). Kuwait Consumer Electronics Report Jun 11, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Kuwait-Consumer-Electronics-Report-2026-918>
  
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