Kitchen appliance industry embarks on a new chapter of development
The performance of kitchen appliance industry has been lackluster in 2022 even during the traditional shopping festivals such as May 1st, June 18th and November 11th according to data released. But data isn’t everything particularly for kitchen appliance industry that covers a wide range of...
China’s electric water heater market from Jan to Aug 2022
China’s overall home appliance market has been sluggish with weak domestic demand and a shrinkage of market size under the impact of the flare-ups of COVID-19 from Jan to Aug 2022. The electric water heater (storage water heater) sector is no exception. But there are highlight too. On one hand,...
Performance of China’s home appliance industry from Jan to July 2022
Home appliance market is cooling from Jan to July 2022. The flare-ups of COVID-19 take a toll on consumption and logistics, leading to a slower growth of disposable income, dented spending confidence and willingness, and therefore a weak domestic consumption market. Export wise, there has been a...
The health-oriented trend of China’s air conditioner industry
In August 2022, the 2023 financial year of China’s air conditioner industry started. A shortage of supply occurred due to unusual high temperature of the summer of 2022, which indicates the stimulation of untapped market potential. In this context, industry players held dealer conventions with a...
Data | Sales of garbage disposals down by more than 30% in H1 2022
Retail sales volume of garbage disposals in China reached 110,000 units and sales value 200 million Yuan in H1 2022, both down by more than 30% YoY, of which models with two-stage grinding design dominate the online and offline market with a combined market share of nearly 30%, models with cordless ...
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