Good signal: Revenue is expected to improve over the next five years as technology progresses

The Audio and Video Equipment Retailers industry is comprised of businesses that sell products such as TVs, audio and video players and recorders, portable players, and audio and video accessories. Over the past five years, retailers have been adversely affected by several factors. High unemployment and weak consumer confidence at the start of the period resulted in consumers reducing their spending on discretionary goods. This change in consumer behaviour affected retailers, and industry revenue subsequently slumped on account of the decline in demand. Over the five years through 2019-20, IBISWorld estimates that industry revenue will decrease at a compound annual rate of 1.2% to reach £461.8 more.

Industry Statistics & Market Size
Annual Growth 15-20
Forecast Growth 20-25
Market Share of Companies

Industry Threats & Opportunities

  • The UK’s upcoming departure from the European Union has created uncertainty
  • Wage costs rocketed with the introduction of workplace pension schemes and higher minimum wage
  • Despite expected hikes in the National Living Wage, industry wages are likely to rise only slightly
  • Industry Report - Industry Investment Chapter

    The Audio and Visual Equipment Retailing industry is expected to operate with a low level of capital intensity. Over 2019-20, the industry is forecast to have a capital intensity of 0.11. For every £1.00 invested in capital, the industry will spend £8.84 on wages. As a bricks-and-mortar retail industry, it is still heavily reliant upon labour, requiring relatively little investment in capital. Staff are often expected to have significant product knowledge in order to answer queries from customers. Richer Sounds, in particular, places substantial emphasis on customer service and asks its customers for feedback on services provided. Employees are also required to stock the shelves and carry out administrative duties. In-...purchase to read more.

    Additional Insights for the Audio & Video Equipment Retailers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Audio & Video Equipment Retailers Industry are

  • Having a good reputation
  • Ability to franchise operations
  • Attractive product presentation
  • IBISWorld analysts also discuss how external factors such as Real household disposable income and Total online expenditure in the Audio & Video Equipment Retailers industry impact industry performance..

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    What's in this report

    What is the Audio & Video Equipment Retailers Industry?

    Operators in this industry retail audio and video equipment. Products include radios, TVs, audio and visual accessories and audio and video players and recorders. The industry does not include the retail of musical instruments and musical scores. These services are found in the Musical Instrument Retailers industry (IBISWorld report G47.591). This industry also excludes online-only retailers, which are included in the E-commerce & Online Auctions industry (IBISWorld report G47.910).

    Industry Products
  • TVs and home cinema systems
  • Players and recorders
  • Hi-fi equipment
  • Speakers and Headphones
  • Industry Activities
  • Selling radio and TV equipment
  • Selling audio and video equipment
  • Selling CD and DVD players and recorders
  • Selling other audio and visual players and recorders
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Real household disposable income
  • Total online expenditure
  • Consumer confidence index
  • Demand from department stores
  • Audiovisual equipment prices
  • IT and telecommunications adoption

  • Current Performance
  • Input costs
  • Competitive pressures
  • Wage hike
  • Technology

    amplifies sales

  • Chart: Revenue Growth

  • Industry Outlook
  • Products converge
  • Wages and employment
  • Purchases and profit
  • Operating online
  • Table: Audio & Video Equipment Retailers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Audio & Video Equipment Retailers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Consumer Electronics Manufacturing
  • Household Appliance & Television Wholesaling

  • Products & Services
  • TVs and home cinema systems
  • Speakers and Headphones
  • Players and recorders
  • Hi-fi equipment
  • Other
  • Chart: Audio & Video Equipment Retailers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged between 35 and 54
  • Consumers aged between 25 and 34
  • Consumers aged between 55 and 64
  • Consumers aged 24 and under
  • Consumers aged 65 and over
  • Chart: Major Market Segmentation for the Audio & Video Equipment Retailers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Audio & Video Equipment Retailers

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Audio & Video Equipment Retailers Industry

  • Industry Globalization
    Richer Sounds Ltd,
  • Table: Richer Sounds Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Audio & Video Equipment Retailers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Audio & Video Equipment Retailers Industry
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A newer form of digital media. The Blu-ray Disc is a high-capacity digital disc and a successor to the DVD.
  • Bricks-And-Mortar
  • A store with a physical building and a high-street presence.
  • High Definition (Hd)
  • The majority of video equipment sold today is high definition, which offers a sharper, more detailed moving image.
  • Led Tv
  • A form of LCD flat panel display that utilises an array of light-emitting diodes in the backlighting process in place of cold cathode fluorescent backlighting used in the majority of other LCD TVs.
  • Oled
  • A form of LED display that exhibits better picture quality and energy efficiency than traditional LED displays.
  • Ultra-Hd
  • A new technology, which offers twice the resolution of standard HD.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Audio & Video Equipment Retailers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Audio & Video Equipment Retailers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Audio & Video Equipment Retailers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Audio & Video Equipment Retailers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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