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Report World - Loudspeakers (Not in Enclosure) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2024

World - Loudspeakers (Not in Enclosure) - Market Analysis, Forecast, Size, Trends and Insights

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Global Non-Enclosed Loudspeakers Market 2024

Non-Enclosed Loudspeakers Market Size

For the fourth year in a row, the global non-enclosed loudspeakers market recorded growth in sales value, which increased by 15% to $X in 2021. The market value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Enclosed Loudspeakers Production

In value terms, non-enclosed loudspeakers production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, production attained the peak level of $X, and then contracted in the following year.

Non-Enclosed Loudspeakers Exports

Exports

Global non-enclosed loudspeakers exports totaled X units in 2021, with an increase of 5.2% on 2020 figures. The total export volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. Over the period under review, the global exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, non-enclosed loudspeakers exports soared to $X in 2021. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the main exporter of loudspeakers (not in enclosure) in the world, with the volume of exports finishing at X units, which was near 50% of total exports in 2021. Vietnam (X units) took a 19% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (9.2%). The following exporters - Thailand (X units), Indonesia (X units), Mexico (X units), Hungary (X units), Germany (X units) and Belgium (X units) - together made up 16% of total exports.

From 2012 to 2021, average annual rates of growth with regard to non-enclosed loudspeakers exports from China stood at +2.9%. At the same time, Hungary (+22.8%), Vietnam (+19.7%), Thailand (+14.9%), Belgium (+10.7%), Mexico (+7.6%) and Indonesia (+2.7%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of +22.8% from 2012-2021. By contrast, Germany (-1.6%) and Hong Kong SAR (-9.5%) illustrated a downward trend over the same period. While the share of Vietnam (+15 p.p.), Thailand (+2.1 p.p.), China (+1.9 p.p.) and Hungary (+1.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Hong Kong SAR (-18.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-enclosed loudspeakers supplier worldwide, comprising 47% of global exports. The second position in the ranking was taken by Vietnam ($X), with an 18% share of global exports. It was followed by Hong Kong SAR, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +5.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+17.6% per year) and Hong Kong SAR (-4.4% per year).

Export Prices by Country

In 2021, the average non-enclosed loudspeakers export price amounted to $X per unit, with an increase of 13% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 29% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Mexico ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.6%), while the other global leaders experienced more modest paces of growth.

Non-Enclosed Loudspeakers Imports

Imports

After two years of decline, overseas purchases of loudspeakers (not in enclosure) increased by 15% to X units in 2021. In general, imports, however, continue to indicate a mild downturn. Over the period under review, global imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-enclosed loudspeakers imports soared to $X in 2021. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X units), followed by China (X units), Hong Kong SAR (X units), Germany (X units), Japan (X units), the United States (X units) and Vietnam (X units) were the major importers of loudspeakers (not in enclosure), together comprising 60% of total imports. South Korea (X units), Poland (X units), Mexico (X units), Thailand (X units), Indonesia (X units) and Brazil (X units) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +18.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported loudspeakers (not in enclosure) worldwide, comprising 18% of global imports. The second position in the ranking was taken by Japan ($X), with a 7.7% share of global imports. It was followed by China, with a 7.6% share.

In the United States, non-enclosed loudspeakers imports increased at an average annual rate of +1.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-0.7% per year) and China (+4.5% per year).

Import Prices by Country

The average non-enclosed loudspeakers import price stood at $X per unit in 2021, rising by 3.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2015 an increase of 9.4% against the previous year. Global import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2021 were India, China and Japan, with a combined 35% share of global consumption. These countries were followed by Hong Kong SAR, Germany, the United States, Thailand, Mexico, South Korea, Vietnam, Hungary, Brazil and Poland, which together accounted for a further 41%.
China constituted the country with the largest volume of non-enclosed loudspeakers production, accounting for 53% of total volume. Moreover, non-enclosed loudspeakers production in China exceeded the figures recorded by the second-largest producer, Vietnam, threefold. The third position in this ranking was taken by Hong Kong SAR, with a 6.5% share.
In value terms, China remains the largest non-enclosed loudspeakers supplier worldwide, comprising 47% of global exports. The second position in the ranking was held by Vietnam, with an 18% share of global exports. It was followed by Hong Kong SAR, with a 4.9% share.
In value terms, the United States constitutes the largest market for imported loudspeakers not in enclosure) worldwide, comprising 18% of global imports. The second position in the ranking was taken by Japan, with a 7.7% share of global imports. It was followed by China, with a 7.6% share.
In 2021, the average non-enclosed loudspeakers export price amounted to $1.6 per unit, growing by 13% against the previous year.
In 2021, the average non-enclosed loudspeakers import price amounted to $1.8 per unit, growing by 3.2% against the previous year.

This report provides an in-depth analysis of the global non-enclosed loudspeakers market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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