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

As consumers have increasingly adopted smartphones, tablets, computers, gaming systems and other headphone-compatible devices, industry sales have risen strongly. As audio streaming and storage services have become commonplace on smartphones, a growing number of casual listeners have patronized the industry and its consumer base has grown. Consumers have become less wary of spending on discretionary items over the period, as per capita disposable income and consumer confidence have risen and the unemployment rate has dropped. As the headphone market has expanded since 2011, more retailers have entered the fold to sell a diversifying product portfolio, many of which are e-tailers...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
10.0%
Forecast Growth 16-21
Profit
Employment
86,541
Businesses
20,355
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Growth in the use of mobile devices are forecast to drive industry revenue
  • The industry has experienced a tremendous rise in the popularity of higher-end headphones
  • Industry growth is expected to remain somewhat volatile and sensitive to fashion trends
  • Industry Report - Industry SWOT Analysis Chapter

    The Retail Market for Headphones industry is expected to grow at a much faster rate than the overall economy during the 10 years to 2021. Industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to increase at an annualized rate of 10.3% from 2011 to 2021, outperforming the US economy, which is expected to grow at an average annual rate of 2.1% over the same period. Typically, an industry whose growth rate rises above the GDP is considered to be in a growth phase of its life cycle.Over the past five years, headphone sales were aided by new product developments as well as the sudden onset of a high-end headphone crazy. For...purchase to read more.

    Additional Insights for the The Retail Market for Headphones Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the The Retail Market for Headphones Industry are

  • Having a wide and expanding product range
  • Proximity to key markets
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as commerce sales and Per capita disposable income in the The Retail Market for Headphones industry impact industry performance..

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    What's in this report

    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 headphones
  • Over-ear and on-ear headphones
  • Industry Activities
  • Retailing headphones in brick-and-mortar stores
  • Retailing headphones online
  • Retailing headphones through catalogs or mail-order forms
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • commerce sales
  • Per capita disposable income
  • Trade-weighted index
  • Number of adults aged 20 to 64

  • Current Performance
    Mobile audio revolutionIndustry structure
  • Chart: Revenue Growth

  • Industry Outlook
    Imports penetrateRetailer breakdown
  • Table: The Retail Market for Headphones Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - The Retail Market for Headphones Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Museums
  • Historic Sites
  • Tourism
  • Consumers

  • Key Selling Industries
  • Audio & Video Equipment Manufacturing
  • Electronic Part & Equipment Wholesaling

  • Products & Services
  • In-ear headphones
  • Over-ear and on-ear headphones
  • Chart: The Retail Market for Headphones Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 35 to 54
  • Consumers aged 55 to 64
  • Consumers aged 25 to 34
  • Consumers aged 65 and older
  • Consumers aged 24 and younger
  • Chart: Major Market Segmentation for the The Retail Market for Headphones Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs The Retail Market for Headphones

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the The Retail Market for Headphones Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the The Retail Market for Headphones Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the The Retail Market for Headphones Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • E-commerce sales (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Big-Box Store
  • A retail store that is differentiated by its sheer size and large range of products, including electronics, household goods and other consumer products.
  • Brick-And-Mortar
  • A store that has a physical presence and location, as opposed to an online retailer.
  • E-Tailer
  • A retailer that primarily sells goods and services via the internet. Many of these companies do not have brick-and-mortar locations.
  • Point-Of-Sale (Pos) System
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.
  • Radio Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s The Retail Market for Headphones Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on The Retail Market for Headphones:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The The Retail Market for Headphones market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on The Retail Market for Headphones, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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