Monitor sales volume in EMEA continued to slide in the second quarter of 2011, with a drop of 6.5% compared to the same period last year, according to European displays specialist, Meko.
This is the fourth consecutive quarter of decline.
Thanks to the stronger commercial sector the numbers have not been as bad as some had expected but this meant that brands with heavy reliance on the consumer sector saw their numbers dip more than those with a stronger commercial presence.
Azhar Mohd-Hashim, Desktop Monitor Analyst for Meko explained, “Consumers are reluctant to spend their money in a climate of increasing inflation coupled with low wage rises. With consumer demand unlikely to rebound in a big way anytime soon, and the commercial sector’s volume unlikely to be high enough to compensate for its losses, the total volume for 2011 is expected to be 6% lower than last year.”
Germany and France, despite showing good economic growth prospects in recent months, continue to see consumers shying away from investing in new monitors.
Middle-East and Africa became the largest region in Q2 and easing of tension and re-building in the area will see opportunities grow here, with monitor volumes in Egypt increasing by nearly 50% over the same period last year.
