In 2023, global TV volume fell by -2.7% year-on-year, with the continued weak economic environment limiting
consumer spending on TVs. Demand is forecast to stabilise in 2024, with a small growth in volume expected from 2025 onwards.
Supply chain issues, global economic uncertainty and rising inflation, due to post-pandemic economic turbulence and the invasion of Ukraine, has led to a fall in TV demand, particularly in developed markets.