RMB depreciation could make China’s home appliance industry more concentrated

The exchange rate of the RMB against the US dollar plunged starting from the second quarter of 2018, depreciating 8% in July from April and falling below 6.91 recently to a new low. People's Bank of China announced on August 3rd that, it will adjust forward foreign exchange risk reserve requirement ...

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Growth of separate dryers slowed down in H1 2018

Separate dryer sector posted retail sales volume of 163,700 units in the first half of 2018, a year-on-year rise of 31.5%, and sales value of 708 million RMB, a year-on-year growth of 51.2%, according to All View Cloud. The average price has climbed by 16.5% to reach 4323 RMB, mainly attributed to...

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Dedicated outdoor air system sector saw a 120% surge in combined online sales from Jan to May in 2018

Dedicated outdoor air system sector posted a combined online sales of 47.7 million yuan from Jan to May in 2018, with an estimated growth rate of 120%, according to All View Cloud. Both the sales value and volume of this product have maintained a fast growth for the past four months. All View Cloud ...

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Beauty and health care appliance industry rises with upgraded consumer experience

China’s beauty and health care (personal care) appliance industry ushers into a period of restructuring and upgrading after going through the stage of proliferation. At this point, the industry is going high-end and diversified, breaking down into many categories...

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China’s home appliance industry posted aggregated retail sales value of 249.5 billion RMB from Jan to April

According to data from All View Cloud released on May 28th 2018, China’s home appliance industry posted aggregated retail sales value of 249.5 billion RMB, a year-on-year rise of 3.9%, of which sales from online channels (72.1billion RMB) accounted for 29%, 5 percentage higher year-on-year compared...

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