During the second quarter of 2017 the IT and Office Equipment market decreased in value by almost 5%, for a total value close to €440m. For the first half of 2017, the decline was -1.1% for a total value of €940m.
With a turnover of €300m, the telecom business passed the test and increased by +3.4%. The one factor to blame for this slowdown is the most important product within the Telecom Market, the smartphone, which only gained a tiny 1%.
After many quarters of continuous growth, the MDA market has come to a standstill in Q2. A modest year-to-date growth is nevertheless retained. However, a wide dissimilarity between the categories is noticed this quarter. While the washing category fell dramatically, cooling companies showed great expansion.
The Belgian market for Small Domestic Appliances shows a small decrease (-2%) for the period from April to June 2017. Most product groups show a decline, only a few showed positive results.
Decline of physical entertainment market slows down - but music downloads, DVDs, hybrid toys, portable console gaming and boxed PC games continue to decline unabated.
Print book sales in Flanders grow by 1.5% while in Wallonia revenues were down 2%.
Good news coming from the Fashion market, where we ended Q2 2017 without growth or loss compared to the same quarter in 2016.
Nearly a third of the online population across 17 countries does gardening or yard work either daily or weekly, according to data just published by GfK. This is made up of a quarter (24 percent) who garden at least once a week, and a further seven percent who garden every day or most days. This slightly outweighs the 24 percent who say that they never do any gardening.
On average, a quarter of people entertain guests in their home either daily or weekly, and a further third entertain monthly. Less than one in ten people say that they never entertain guests in their home. These insights are from an online survey across 17 countries conducted by global researchers, GfK, with the definition of ‘entertain guests’ left open, so it covers everything from dinner parties to having friends around to watch a film or sports or simply to chat over a coffee.
The positive mood among European consumers has also continued into the second quarter of 2017. After the nine-year peak at the beginning of the year, the consumer climate has remained at a high level for the EU 28 and closed at 19.1 points at the end of June. Overall, the results of the GfK consumer climate study are again quite mixed for Europe in the second quarter of 2017.
We thought it was time to take another look at the hottest technologies impacting consumers’ lives and talk about a brand new trend which is set to transform today’s global industries and businesses.
A third of people (34 percent) in an online survey of 17 countries firmly agree that they “find it difficult to take a break from technology (my mobile device, computer, TV, etc.), even when I know I should”. This compares to less than half that number (16 percent) who firmly disagree that it is difficult to take a break.