Data | Retail sales of water purifiers up by around 40% in Q1

Retail sales value of water purifiers came to 4.18 billion Yuan in Q1, up by 41.6% year-on-year, and retail sales volume of 1.934 million units, up by 32.3% year-on-year, according to All View Cloud. Compared to Q1 2019, retail sales value was down by 16.7%, which means the market has not returned...

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The hundred billion business of beauty and personal care amid the rising “she-economy”

With the rise of beauty economy comes an opportunity for beauty and personal care appliances to grow. A number of big brands of the industry have been building their strong presences on social media and reality shows with celebrity endorsements.

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Washing machine sector struggles to recover while keeps upgrading

Washing machine sector struggled in 2020 with output and sales suffering in the first half of the year and rebounding in the second half amid the pandemic. In this context, washing machine enterprises have been exploring possibilities to change the game through actively looking for opportunities in ...

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China's home appliance sector sees profit growth in Jan-Feb

China's home appliance sector posted rising revenue and profits in the first two months of the year, data from the Ministry of Industry and Information Technology showed. During the period, the industry's operating revenue gained 62.3 percent year-on-year to 222.5 billion yuan ($34.02 billion),...

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Online market surpassed offline market for the first time by retail sales value of home appliances in 2020

Retail sales value of China’s home appliance market came to 833.3 billion RMB in 2020 with online channels accounting for more than 50% for the first time, according to a home appliance market report released by China Center for Information Industry Development (CCID).

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