Press Releases

Overall decline in the German technical consumer goods market in third quarter of 2016

Press Releases

Overall decline in the German technical consumer goods market in third quarter of 2016



 

GfK TEMAX® results for Germany, Q3 2016

The German technical consumer goods (TCG) market declined in the third quarter of 2016 by 4 percent, compared to the same quarter in 2015. The total value of the market was € 13.3 billion. Four of the seven (PH, IT, CE and OE) sectors declined, with the former presenting the largest fall by 16.7 percent.

Consumer Electronics

The CE market registered a fall of 6.9 percent in Q3 2016, compared to the same quarter in 2015.
The audio segment continued its positive development. In particular, the connected audio products category profited from consumers’ interest in streaming.

Overall, the market for TVs suffered a double-digit decline.

Photography*

In Q3 2016, the PH market fell again – this time by 16.7 percent, compared to 2015’s third quarter.
However, the sector did benefit from consumer interest in high-quality photographic products, fueled by the photokina fair in Cologne in September.

Also, new models in the single-lens reflex (SLR) cameras segment boosted sales, and the tripods and binoculars categories registered positive results.

* Photography includes digital cameras and photography accessories. Due to a change in digital camera reporting (camera kits are no longer split into separate cameras and lenses products, but are reported together) data has been reworked for the Photography sector.

Major Domestic Appliances

The MDA sector improved slightly in the third quarter of 2016 (up by 0.3 percent). This was because of stronger demand for dishwashers and cooling products, compared to Q3 2015.

Significant demand was noted in the ‘side-by-side’ refrigerators category. Also, the popularity of upright freezers (90cm) contributed to the improvement.

Small Domestic Appliances

Q3 2016 saw a modest increase in the German SDA sector – up by 2.5 percent, compared to the same quarter in 2015.

The vacuum cleaners segment registered a healthy increase (up by 7.9 percent). This was due to a significant rise in sales of robotic vacuum cleaners.

Strong demand was also reported in the low-oil fryers category.

Information Technology

With the exception of software products, all IT segments returned negative results in Q3 2016. Overall, the sector was down by 10.6 percent, compared to 2015’s Q3.

Both the desktop and the mobile computing products segments declined significantly, as did the mediatablets category.

Media books showed a strong upward trend, albeit with a very low base.

Telecommunications

Screen sizes between 5 and 5.5 inches remained the most important segment in the smartphones segment which increased by 5.7 percent, compared to Q3 2015.

Core wearables again registered growth in value – up by 63.4 percent. In particular, smartwatches performed well.

Office Equipment and Consumables

All product groups in the OE sector declined in Q3 2016, except for scanners, data/video projectors (HD versions), and lettering machines.

The positive trend registered in the scanners segment (up by 8.3 percent) came from the document scanners category.

View the GfK TEMAX® reports for all 41 individual countries, including data tables: http://temax.gfk.com/reports/

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