Which Countries Produce the Most Headphones?
Consumer Electronics February 08, 2017
Photo: © olly2 / Bigstockphoto
The global earphone and headphone market is expected to reach 12.5 billion USD by 2020. The industry is estimated to grow at a CAGR above +1.9% over the forecast period due to the recent technological advancements, which resulted in the miniaturization of earphones and headphones.
Production of headphones posted steady growth over the last few years. Global production of headphones was estimated at 10,900 million USD in 2015, which was 240 million USD higher than in 2014. There was an annual increase of +2.0% in value terms for the period from 2007 to 2015. In physical terms, global headphone production reached 331 million units in 2015, growing by +2.6% annually.
According to market research conducted by IndexBox, China was the largest producer of headphones in absolute volumes, with 6,905 million USD. It was followed by the U.S. (2,386 million USD) and Japan (852 million USD).
China (+3.6% per year) attained the most notable growth rate in headphone production among the main producing countries from 2007 to 2015, while the U.S. and Japan experienced negative paces of growth.
Top 5 countries producing the most headphones in 2015
Do you want to know more about the global headphone market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- headphone market share
- headphone prices
- headphone industry
- headphone sales
- headphone market forecast
- headphone price forecast
- key headphone producers
Source: World: Headphones - Market Report. Analysis and Forecast to 2025
