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 Products Chapter
Retailers sell a variety of headphones with different shapes, sizes and features. People use headphones in conjunction with electronics, especially mobile devices. Headphones may also have features like microphones, and these are included in their respective categories such as in-ear or over-ear headphones.
The most popular kind of headphones are in-ear buds, which account for about 51.2% of headphone retailing industry revenue. Demand for this segment has grown as portable MP3 players and music-ready smartphones have gained in popularity, allowing this segment to increase its share of revenue over the past five years... purchase to read more