Headphones in Mexico is projected to continue on a strong retail volume growth trajectory over the forecast period, supported by robust growth drivers. As the rate of inflation is predicted to drop and stabilise in the forecast period, and the competition is set to grow with new entrants, brands and products, there is expected to be downward pressure on the unit prices of headphones available to consumers in Mexico.
Hearing aids with the integration of voice assistants, such as Siri, Google Assistant and Alexa, could gain popularity by offering greater convenience for performing everyday tasks, receiving information and controlling smart devices. The ease of answering calls or requesting information from the smartphone through headphones is a tool that consumers like in order to always be connected, with the comfort of not having a mobile phone in their hand.
Meanwhile, the trend of using headphones for prolonged periods increases the desire to purchase premium over mass products. The increasing availability of high-quality audio content, such as FLAC music and lossless audio, is seeing consumers look for headphones that can provide faithful and detailed playback of this type of content.
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Understand the latest market trends and future growth opportunities for the Headphones industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Headphones industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Headphones
This category only covers products designed for retail sale and consumer usage. Products bundled for free as part of computers or mobile sales will be excluded. It includes Wireless Headbands, Wireless Earphones, and TWS earbuds. Headphones priced below US$100 are categorized as mass headphones. Headphones priced US$100 and above are categorized as premium headphones.
See All of Our DefinitionsThis report originates from Passport, our Headphones research and analysis database.
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