Report Published: "Malaysia Consumer Electronics Report Q2 2016"

Malaysian consumer electronics demand will begin to recover in 2016 from a sharp contraction in US dollar terms in 2015 when ringgit depreciation and the introduction of the Goods and Sales Tax hit the market. Conditions will however, remain challenging due to further ringgit depreciation, but the recovery should gain momentum from 2017. We expect all three device segments to return to growth from 2017 onwards as the household income growth dynamic gains strength, with an added boost as deferred purchases from 2015 and 2016 are unlocked. The expected gains for Malaysia's middle class could also ease price sensitivity and enable vendors to benefit from higher value sales and wider margins, although this will rely on industry overcapacity being avoided. We forecast total device spending will increase at a CAGR of 5.8% over 2016-2020 as a whole.

Full Report Details at
- http://www.fastmr.com/prod/1130960_malaysia_consumer_electronics.aspx?afid=301

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