Kuwait Consumer Electronics Report Q1 2013

Publisher Name :
Date: 16-Jan-2013
No. of pages: 52

BMI forecasts 7% growth for the Kuwaiti consumer electronics market in 2012, with spending on devices
such as smartphones and tablets expected to benefit from a positive economic context. This surge in
spending is almost wholly government-driven, with household incomes having been boosted by a series
of public sector wage hikes and increased social benefits. There are signs that credit growth in the
domestic banking sector – which has been anaemic for the best part of two years – is beginning to pick
up. Moreover, the real estate market is also starting to recover, and was up by 8.4% in the first seven
months of 2012. Sales will also be boosted by growing popularity of flat-screen TV sets, Android
smartphones, notebook computers and tablets, and other premium products, as well as ongoing expansion
of the electronics retail sector.
Headline Expenditure Projections
?? Computer hardware sales: US$362mn in 2011 to US$394mn in 2012, +9% in US dollar terms.
Forecast in US dollar terms upwardly revised due to macroeconomic factors, following stronger
than expected growth in 2011.
?? AV sales: US$454mn in 2012 to US$484mn in 2013, +7% in US dollar terms. Forecast in US
dollar terms upwardly revised due to analyst modification, and product innovation will drive
continued growth in the flat-screen TV set category.
?? Handset sales: US$196mn in 2011 to US$218mn in 2012, +11% in US dollar terms. Forecast in
US dollar terms unchanged but operator promotions are driving strong growth in the smartphone
market.
Risk/Reward Rating:
Kuwait’s score was 58.1 out of 100. Kuwait ranked fourth in the MEA region in our latest RRR table,
behind the UAE, but ahead of regional peers such as Saudi Arabia and Qatar.
Key Trends & Developments
?? Flat-screen TV sets will be the main driver of AV category sales growth over the forecast period
as consumers upgrade and trade their old models for digital. Product innovation will also boost
sales, with a focus on features such as 3D, improved display quality and larger, wider screens, as
well as design and wireless capabilities.
?? In the mobile devices sector, the upgrade of network infrastructure to support new data services
will help to drive demand for 3G phones and smartphones. Kuwaiti consumers have an
increasing demand for easy access to emails and other data services in Kuwait and when they are
travelling. Other drivers of smartphone sales include more competitive data tariffs from the main
operators.
?? The popularity of multimedia portable computers with wireless connectivity will continue to
provide opportunities. Vendors will look to new form factors such as tablets and the heavily
hyped ultrabooks, which are relatively high in price, but could provide a new boost to the PC
market in 2013.

Kuwait Consumer Electronics Report Q1 2013

Executive Summary ........... 5
SWOT Analysis ..... 7
Kuwait Consumer Electronics Market SWOT ............ 7
Kuwait Political SWOT .... 8
Kuwait Economic SWOT.. 9
Kuwait Business Environment SWOT ........ 10
Risk/Reward Ratings ........ 11
Table: Middle East And Africa Risk/Reward Ratings ............ 13
Consumer Electronics Market ...... 14
Computers ............. 14
Table: PC Sales 2010-2017 ......... 14
AV ........... 17
Table: AV Sales, 2010-2017......... 17
Mobile Handsets ... 20
Table: Mobile Communications, 2010-2017 ............ 20
Consumer Electronics Industry .... 24
Table: Kuwait Distributors For Leading Brands ..... 27
Industry Forecast Scenario ........... 28
Consumer Electronics Market........... 28
Table: Consumer Electronics Overview, 2010-2017 28
Industry Developments.... 31
Macroeconomic Forecast 32
Table: Kuwait - Economic Activity ............ 34
Competitive Landscape ... 35
Computer 35
Handsets . 36
AV ........... 38
Company Profiles ............. 40
Axiom Telecom 40
Jumbo Electronics ......... 42
Eros Group ...... 44
Demographic Outlook ...... 46
Table: Kuwait's Population By Age Group, 1990-2020 ('000) ............. 47
Table: Kuwait's Population By Age Group, 1990-2020 (% of total) .... 48
Table: Kuwait's Key Population Ratios, 1990-2020 49
Table: Kuwait's Rural And Urban Population, 1990-2020 .... 49
BMI Methodology ............. 50
How We Generate Our Industry Forecasts ..... 50
Electronics Industry ............ 50
Sources ... 51Table: Middle East And Africa Risk/Reward Ratings
Table: PC Sales 2010-2017
Table: AV Sales, 2010-2017
Table: Mobile Communications, 2010-2017
Table: Kuwait Distributors For Leading Brands
Table: Consumer Electronics Overview, 2010-2017
Table: Kuwait - Economic Activity
Table: Kuwait's Population By Age Group, 1990-2020 ('000)
Table: Kuwait's Population By Age Group, 1990-2020 (% of total)
Table: Kuwait's Key Population Ratios, 1990-2020
Table: Kuwait's Rural And Urban Population, 1990-2020

  • China Commercial Vehicle Industry
    Commercial vehicle are usually large trucks, buses or vans used to transport people,  goods and material. China is one of the nations that contributes to over 50% of commercial vehicle production. The industry has grown in leaps and bounds over the couple of years. Even though the growth rates aren’t as impressive as two years [...]
  • The Prospective Market of Drug Eluting Stents
    Drug Eluting Stents are the recent development that’s are now being used frequently for curing narrowed coronary arteries. These stents help to keep the artery open and supply drugs at regular intervals preventing any further obstruction. The stents are usually small scaffolds of wire and are placed in the artery. This has been a welcome [...]
  • Anaesthesia Machine Industry is Flourishing due to an Extensive Customer Base with Therapeutic Needs
    The Anaesthesia Machine Industry comprises of the manufacturers and users of Anaesthesia Machines which are basically workstations or units that assist a person to administer Anaesthesia on the other. It includes plug & play Anaesthesia delivery units (ADUs). The industry also comprises of the various accessories like monitors and information systems and support services involved [...]
  • The Need for an Electric Cars Boosts The Lithium Sulfate Market
    Lithium is a highly demanded material. The popularity of this metal is primarily due to the characteristics of this metal and its compounds. Some of the characteristics of this material are that it has the highest electrochemical potential of all metals, a very high co-efficient of thermal expansion, acting as a viscosity modifier in melts, [...]
  • Tire Roller Industry
    Tire roller is one of the most popular equipment used in the construction industry. A tire roller offers multiple services from building highways, industrial sites, binder courses, wear courses and many more. Tire rollers come with different features like easy adjustment of tyres, flexible ballast, oscillating tires, etc. that facilitates in doing a particular work. [...]
  • The Oil Drilling Rig Industry
  • The Oil Drilling Rig Industry is characterized with a few typical work specific to this industry only. The work begins with the search for new oil basins or construction of wells. During this time the services of drilling contractors and …

  • HER2-Negative Breast Cancer’s Therapeutic Market
  • HER2-Negative Breast Cancer is the most common form of cancer occurring in women. The long term survival of patients diagnosed with HER2-Negative Breast Cancer depends solely on its early detection as till now there is no medicine that can cure …

  • The Market of Plate Heat Exchanger
  • Plate heat exchanger is not only very useful but its also easy to maintain, its compact design makes it more efficient, the product is highly cost-efficient and also the materials of this product are easily available. There are some limitations …

  • The Industry of Binding Machines
  • Binding of books and papers is one of the most important aspect of buying and selling books and thus the demand of binding machines. There are different kinds of binding machines available in the market. The binding type determines the …

  • The Boom In Women Infertility Market
  • Infertility is an abnormality in the regular functioning of the human reproductive system. Anyone of male or female might be suffering from this issue. Infertility in woman is caused by either a genetical factor or factors such as aging or …

  • Israel Consumer Electronics Report Q3 2015
    Published: 27-May-2015        Price: US $1295 Onwards        Pages: 71
    BMI View: Israel's consumer electronics market is one of the most mature in the Middle East and Africa, supported by its vibrant high-tech start-up community, its position as an R&D hub for global devices and IT vendors, and high spending on IT solutions within the government and defence sectors. Although penetration of mobile, AV and computer devices is already high, these factors keep the replacement rate elevated, while the launch of full scale LTE networks will give an additional boost to sm......
  • Mexico Consumer Electronics Report Q3 2015
    Published: 27-May-2015        Price: US $1295 Onwards        Pages: 74
    BMI View: An uptick in consumption is expected to drive the Mexican economy over 2015, which will see it become one of the better performers in Latin America. This has spillover effects for the Consumer Electronics industry, which stands to benefit from higher levels of spending. Computer sales will drive the market over the next five years, as adoption remains less than 50% across the country. Particular areas of opportunity include tablet and hybrid notebooks, smartphones and digital TV set up......
  • Serbia Consumer Electronics Report Q3 2015
    Published: 27-May-2015        Price: US $1295 Onwards        Pages: 66
    BMI View: The Serbian consumer electronics market is one of the least lucrative in per capita terms in the region, but the low penetration rate in key device categories has nonetheless attracted global vendors. Growth rates will remain moderate over the medium term due to the challenging economic environment and continued negative GDP growth in 2015 will weigh heavily on this sector. We forecast Serbian consumer electronics spending will grow just 0.6% in US dollar terms in 2015 to USD1.25bn, an......
  • Argentina Consumer Electronics Report Q3 2015
    Published: 27-May-2015        Price: US $1295 Onwards        Pages: 80
    BMI View: Consumer electronics spending was hit hard by the economic challenges in 2014, with total spending estimated to have contracted by 14.5%. Peso devaluation, high inflation and technical debt default in Q214 negatively impacted Argentine consumer purchasing power in global markets, as well as eroding confidence levels and restricting access to credit - all of which contributed to the contraction. Despite this bleak performance we believe the outlook for Argentina is stronger over the med......
  • Czech Republic Consumer Electronics Report Q3 2015
    Published: 27-May-2015        Price: US $1295 Onwards        Pages: 74
    BMI View: Our core scenario is for growth acceleration across all three consumer electronics devices market segments in 2015. However, downside risk remains due to the potential for koruna depreciation, but this is not our core scenario. Nonetheless, in the event of price rises in the PC and AV markets the trend could be similar to 2014 when smartphone sales boomed, offsetting a decline in computer hardware and AV sales as koruna depreciation squeezed demand. Looking further ahead, the largest o......
  • Global Air Conditioner Market to 2019 – Market Size, Growth, and Forecasts in Nearly 70 Countries
    Published: 25-May-2015        Price: US $2226 Onwards        
    This comprehensive publication enables readers the critical perspectives to be able to evaluate the world market for air conditioners. The publication provides the market size, growth and forecasts at the global level as well as for the following countries: Argentina, Armenia, Australia, Austria, Azerbaijan, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesi......
  • Global Wine Cooler Refrigerator Industry Report 2015
    Published: 22-May-2015        Price: US $2800 Onwards        Pages: 152
    This is a professional and in- depth study on the current state of the wine cooler refrigerator industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The wine cooler refrigerator market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturi......
  • Chinese Home Appliance Industry and Market, April 2015
    Published: 21-May-2015        Price: US $1200 Onwards        Pages: 14
    This research report presents recent month review of shipment volume and sales value of four major categories of Chinese home appliances: washing machine, refrigerator, air conditioner, and LCD TV; also included are sales volume share of China's top-10 home appliance vendors in each category; top-10 home appliance vendors' sales volume ranking by types of models offered per category, by model number and ASP. The content of this report is based on secondary data obtained from National Bureau of S......
  • Chile Consumer Electronics Report Q3 2015
    Published: 20-May-2015        Price: US $1295 Onwards        Pages: 71
    BMI View: In 2015, peso depreciation will be a drag on market value growth, but this effect will be somewhat countered by lower oil prices that should feed through to a higher spending power at the consumer level. Despite some ambiguity, we expect 2015 to be the weakest year of growth in the forecast period due to peso depreciation. Over the medium term we expect household income growth, combined with relatively low penetration of smartphones and tablets, means there remain opportunities for bot......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs