Asia-Pacific (APAC) Electricals Retail Market Size, Category Analytics, Competitive Landscape and Forecast to 2027
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Asia-Pacific (APAC) Electricals Retail Market Overview
The Asia-Pacific (APAC) electricals retail market size was USD596.8 billion in 2022 and the market is projected to achieve a CAGR of more than 7% during 2022-2027.
APAC Electricals Retail Market Outlook, 2022 – 2027 (USD Billion)
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The APAC Electricals Retail market research report provides both the historical and forecast market data for total retail sales and the electricals market in APAC. It illustrates the data with charts, graphs, and tables summarizing the value, with category details in the electrical sector. The forecasts include the impact of COVID-19 on growth. The report also reveals major retailers’ share in the electrical sector with their price and market positioning in 2022.
Market Size (2022) | USD596.8 billion |
CAGR (2022-2027) | >7% |
Forecast Period | 2023-2027 |
Historical Period | 2017-2022 |
Key Categories | · Communications Equipment
· Computer Hardware & Software · Consumer Electronics · Household Appliances · Photographic Equipment |
Key Countries (Communications Equipment) | · China
· India · Japan · Australia · South Korea |
Key Channels | · Online
· Electrical and Electronics Specialists · Hypermarkets, Supermarkets, and Hard Discounters · Value, Discount, and Variety Stores and General Merchandise Retail · Department Stores |
Leading Retailers | · JD.Com
· Samsung · Alibaba · Amazon · Reliance Digital |
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APAC Electricals Retail Market Segmentation by Categories
Communications equipment was the largest category in 2022.
The key categories in the APAC electrical retail market are communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. The communications equipment segment was the largest category in 2022 and is expected to continue dominating the market in the coming years.
APAC Electricals Retail Market Analysis by Categories, 2022 (%)
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APAC Electricals Retail Market Segmentation by Countries
The key countries in the APAC Electricals Retail market are China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, and Singapore among others. China was the leading country in the communications equipment category in the APAC electricals retail market in 2022.
APAC Electricals Retail Market Analysis by Countries (Communications Equipment), 2022 (%)
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APAC Electricals Retail Market Segmentation by Channels
The online channel led the APAC electricals retail market in 2022.
Some of the key channels in the APAC electricals retail market are online, electrical and electronics specialists, hypermarkets, supermarkets and hard discounters, value, discount and variety stores and general merchandise retail, department stores, and others. Online channel dominated the market in 2022 and is expected to continue doing so in the coming years.
APAC Electricals Retail Market Analysis by Channels, 2022 (%)
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APAC Electricals Retail Market - Competitive Landscape
The leading retailers in the APAC electrical retail market are:
- Com
- Samsung
- Alibaba
- Amazon
- Reliance Digital
- Apple
- Mi
- EDION
JD.Com was the largest retailer in the APAC Electricals Retail market in 2022.
APAC Electricals Retail Market Analysis by Retailers, 2022 (%)
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Segments Covered in the Report
APAC Electricals Retail Market Categories Outlook (Value, USD Billion, 2017-2027)
- Communications Equipment
- Computer Hardware and Software
- Consumer Electronics
- Household Appliances
- Photographic Equipment
APAC Electricals Retail Market Countries Outlook (Value, USD Billion, 2017-2027)
- India
- China
- Japan
- Australia
- South Korea
APAC Electricals Retail Market Channels Outlook (Value, USD Billion, 2017-2027)
- Online
- Electrical and Electronics Specialists
- Hypermarkets, Supermarkets and Hard Discounters
- Value, Discount, and Variety Stores and General Merchandise Retail
- Department Stores
Key Highlights
- The overall retail industry in APAC is forecast to grow by 2022 to 2027.
- Online channel is projected to grow in 2027.
- Com was the leading retailer in 2022.
Reasons to Buy
- Gain a comprehensive view of the APAC electricals market and forecasts to 2027.
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the retail market.
- Investigate current and forecast trends in the APAC’s electrical sector to identify the opportunities offering the most potential.
- Understand who the main competitors are in the sector and their price positioning.
Samsung
Alibaba
Amazon
Reliance Digital
Apple
Mi
EDION
Yodobashi
JB Hi-Fi
Table of Contents
Frequently asked questions
-
What was the APAC Electricals Retail market size in 2022?
The electrical retailing market size in APAC was valued at USD 596.8 billion in 2022.
-
What is the APAC electricals retail market growth rate?
The electrical retail market in APAC is expected to achieve a CAGR of more than 7% during 2022-2027.
-
Which was the leading category in the APAC electricals retail market in 2022?
The leading category in APAC’s electrical retail market in 2022 was communications equipment.
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Which was the leading channel in the APAC electricals retail market in 2022?
The online channel was the leading channel in the APAC electricals retail market in 2022.
-
Who are the leading retailers in the APAC electricals retail market?
The leading retailers in the APAC electricals retail market are JD.Com, Alibaba, Samsung, Amazon, Reliance Digital, and Apple among others.
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