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Electrical and Electronics Retailing in South Africa
Market Summary and Forecasts Comprehensive
overview of the market, consumer, and competitive
context, with retail sales value and forecasts to 2019
outh 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.
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Hexa Reports
Market Research Reports and Insightful Company Profiles
Synopsis
"Electrical and Electronics Retailing in South Africa - Market Summary and 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...