During the pandemic and immediately after, Spanish consumers made substantial investments in appliances and electronic devices, particularly in large appliances whose lifecycle typically spans between eight and ten years. As a result, there is likely to be a lower need for replacements in the near future, leading to weaker sales for appliance retailers over the forecast period.
Omnichannel strategies and the successful coordination of these channels will likely influence how well appliances and electronics specialists perform in the years ahead. Although major retailers already operate e-commerce sites, further integration across digital platforms - including social networks and marketplaces - is increasingly vital to enhance the customer journey.
Spain’s growing emphasis on sustainability and environmental responsibility is expected to shift consumer interest towards second-hand and refurbished electronics and appliances. Many local consumers find these options not only more cost-effective - particularly in an era of reduced purchasing power - but also in line with broader movements toward locally sourced, organic, recyclable and otherwise eco-friendly products.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Spain 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 Spain, 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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