Electronics market in Lithuania

Market development

eCommerce revenue development in the Other Loudspeakers market in Lithuania

The Lithuanian Other Loudspeakers eCommerce market is predicted to reach US$0.1 million by 2024 and accounts for 2.2% of the Loudspeakers eCommerce market in Lithuania. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -3.0%, resulting in a projected market volume of US$0.1 million by 2028. The Other Loudspeakers eCommerce market is a sub-market of the Loudspeakers market. Further categories within the Loudspeakers market are: Bluetooth Loudspeakers, and Hifi Loudspeakers.

eCommerce revenue development in the Other Loudspeakers market in Lithuania

in million US$

eCommerce revenue growth in the Other Loudspeakers market in Lithuania

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)88.844.68.578.353.346.644.290.3

Online share

eCommerce online share of the total Other Loudspeakers market in Lithuania

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Lithuanian Other Loudspeakers retail market, the online share is 42.3% and will decrease by an average of 7.9% to 30.4% by 2027.

eCommerce online share of the total Other Loudspeakers market in Lithuania

in %
20202021202220232024202520262027
Online share (in %)54.8%11.0%78.8%2.2%46.2%18.9%56.4%47.5%

Market definition

Definition of the Other Loudspeakers market within the Electronics market

Market definition: Electronics > Consumer Electronics > Audio > Loudspeakers > Other Loudspeakers The category Other Loudspeakers includes the online trade of record players and cd players. This category does not cover hifi loudspeakers, bluetooth loudspeakers or veniy. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Record players
  • CD players

Out-of-scope

  • Hifi loudspeakers
  • Bluetooth loudspeakers
  • Veniy
  • CDs