Author: Guy Hammett
Date Published:
This consumer loudspeaker market report provides insights into developments in bookshelf and floor-standing speakers, in-wall/in-ceiling speakers, home theatre speakers, computer aftermarket speakers and outdoor speakers. It provides analysis and forecasting for the global loudspeaker market, as well as delivering regional and per-country breakdowns.
From market updates for each category, to the impact of supply change challenges, as well as case studies and global spend on recorded music, this report provides detailed information that can add commercial value for any enterprise operating within the audio hardware industry.
2023 saw a strong reversion to the mean for the loudspeaker market, where after 3 years of phenomenal growth induced by the COVID pandemic, demand came crashing down falling 13% to 11m units. Retail value did fare slightly better, falling 12.4% to hit $3.9bn. Despite these stark numbers, however, the loudspeaker market remains a healthy place in the medium to longer term. Indeed the market is in a far healthier situation than it was before COVID, with Futuresource estimating that approximately 2.5m extra loudspeakers were sold as a result of the pandemic.
Recent years have seen extremely high price rises in the loudspeaker market, but this also slowed down dramatically in 2023. With production costs stabilising, albeit at higher levels than pre-COVID, and shipping costs coming back to normal there has been less pressure on vendors forcing prices up. At the same time, the collapse in demand has driven more promotional activity.
| Comprehensive PDF report
| Executive summary
| Impact of supply challenges
| Market overview and outlook
| Market size for loudspeakers
| Regional breakdowns
| Individual product category outlook
| Bookshelf and floor-standing speakers
| In-ceiling/in-wall speaker market research
| Home theatre speakers
| Computer aftermarket speakers
| Outdoor speakers
| Competitive landscape
| Country breakdowns and ASP
| Focus on active speakers
| Price segmentation
| Focus on home theatre separates
| The continuous threat of soundbars
| Global spend on recorded music
| Global vinyl market update
| Developments in consumer loudspeaker categories for bookshelf and floor-standing speakers, in-wall/in-ceiling speakers, home theatre speakers, computer aftermarket speakers and outdoor speakers
| Market assessment and forecasting, out to 2027
| Competitive landscape
| Average selling prices
| Brand dynamics
| Future opportunities
Futuresource has been tracking, researching and consulting on the CE landscape for the last 30 years. This publication is one in a series of research reports, produced to provide businesses with a fully rounded view of the market.
Any business operating within the consumer audio hardware space and related sectors will benefit from this consumer research report, particularly:
| Manufacturers and their suppliers
| Intermediaries and supply chain
| Retailers
| Audio market strategists, marketing and sales professionals
| Investors
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