Market Research Report on Electrical and Electronics Retailing in South Africa [2019]

Jan 15 2016 Mumbai, India: Bharatbook.com announces a report on “Market Research Report on Electrical and Electronics Retailing in South Africa [2019] ”. The online channel is witnessing adoption among customers and they are increasingly purchasing electronic goods online.

Summary

South Africa’s retail market for electrical and electronics holds a notable market share of 7.6% in 2014. The sector produced a healthy growth over 2009–2014, and is anticipated to maintain its momentum, at a CAGR of 6.83% during the next five years. Rapid urbanization, falling prices of electronic goods, and the demand for electronic products featuring the latest technologies and superior qualities will create more scope for the sector to grow in future. The online channel is witnessing adoption among customers and they are increasingly purchasing electronic goods online.

Key Findings

• Electrical and electronics sector is expected to grow at a CAGR of 6.8% during 2014-2019

• Online channel is gaining rapid adoption and sales through the

channel are expected to grow at a CAGR of 26.1% over the next five years.

• Electrical and electronics specialists will remain the major channel for sales having accounted for 71.7% of the sales in the category

• Communications equipment contributed significant share towards the electrical and electronics category group in 2014.

Synopsis

“Electrical and Electronics Retailing in South Africa – Market Summary & Forecasts” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2019.

What else does this report offer?

• A thorough analysis of consumer trends changing economic and population factors

• Both qualitative and quantitative insights and analysis of the shifting electrical and electronics retail dynamics for communication equipment, computer hardware and software, consumer electronics, household appliances, photographic equipment from 2009 to 2019...