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The Retail Market for Headphones in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

The Retail Market for Headphones Market Research Report | Retail Market Reports | Computers & Audio Visual Equipment Retail Market | Jun 2015

Keep listening: Demand will grow as incomes rise, but imports will pressure prices

IBISWorld’s The Retail Market for Headphones market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
8.9%
Annual Growth 15-20
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Profit
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Employment
22,628
Businesses
56,033
Industry Analysis & Industry Trends

After a period of stagnation during the recession, rising disposable income levels help spur new discretionary purchases of headphones between 2010 and 2015. The headphone market also benefited from the introduction of new fashionable products. In addition, low-cost imports reduced the average price of headphones, enabling consumers to purchase more products, resulting in an incrase in revenue. In the next five years, continued growth in the use of mobile devices and higher disposable income are forecast to drive industry revenue increases. Additionally, headphone manufacturers are anticipated to increasingly compete through marketing tactics, which will enable stores to sell higher-end headphones to consumers.... purchase to read more

Industry Report - Industry Locations Chapter

As with many other retail industries, location of headphone retailers is expected to generally fall in line with each region's population level and consumer demand. This, in turn, affects the employment level and wage costs of each region. When a region contains more residents, demand for headphones is generally greater in this area. Additionally, the larger big-box stores have more square footage and, therefore, more room to sell headphones.

The Southeast region accounts for the largest share of industry establishments and population, representing 23.8% and 25.4%, respectively. Florida accounts for the most significant share of both market presence in the region with 6.8%; there are several large cities in the state, which are hubs for consumer activity... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the The Retail Market for Headphones Industry?

This industry sells headphones through traditional brick-and-mortar outlets, online and by mail-order catalog. The industry excludes hearing aids, headphones packaged with other electronic devices, headphone rental and used headphones.

Industry Products
In-ear budsOver-ear headphonesGaming headphonesWireless headphonesBehind-the-neck headphonesClip-on headphones
 
Industry Activities
Retailing headphones in brick-and-mortar storesRetailing headphones onlineRetailing headphones through catalogs or mail-order forms


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