The headphone industry has an annual value of $2 billion and is expected to see a 7% annual growth. No specific company dominants this industry with over 75,000 businesses currently operating in the industry. Volume sales forecasts are dependent upon cheap imports as a growing proportion of the headphone industry revenue. Marketing strategies are employed to help stores sell higher end headphone products to consumers. The following collection of headphone brands and logos are from companies that have expanded the marketplace and continue to keep the headphone industry flourishing.
Prior to the 32% industry increase seen in 2012, this industry has been suffered due to lowered consumer spending and decreasing disposable income levels. However, the cheaper headphones purchased during this downturn are not leading consumers to look for higher end offerings with increasing income levels.
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