Appliances and electronics specialists is expected to see value sales rise in current terms over the forecast period, while they decline slightly at constant 2024 prices. As the South African population continues to increase, alongside the growing number of digital native shoppers, appliances and electronics specialist retailers will likely benefit from increased demand for affordable smartphones.
Concerns over the sustainability of BNPL offerings have led to the emergence of asset-backed solutions aiming to mitigate operating risks while boosting sales of high-value items. In this context, Float, a BNPL service introduced in November 2021, which links instalments to existing credit cards without incurring extra fees or interest for up to 24 months, emerged as a front runner in 2024.
Rising concerns over the disposal of damaged appliances and electronics encouraged South Africa to introduce an e-waste management programme towards the end of the review period. Dominated by electronics and appliances, the aim was to address the estimated 350,000 tonnes of waste generated annually.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Appliances and Electronics Specialists industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Appliances and electronics specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: domestic electrical appliances, consumer electronics (including mobile phones), and/or computers and peripherals. Appliances and electronics specialists value sales excludes revenues derived from telecoms service plans and top-up cards. Example brands include Apple, Best Buy, and Gome.
See all of our definitionsThis report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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