China’s home appliance industry rallied steadily in 2020 with exports exceeding 80 bn USD
China’s home appliance market was severely affected by the outbreak of Covid-19 in the first half of 2020. With Covid-19 gradually contained within China and consumption stimulus policies implemented, home appliance manufacturers actively adopted adjustment measures to resume production and sales...
Electric vacuum cleaning and moping market surged fueled by coronavirus and product innovation
Hard hit by coronavirus, China’s retail sales market came to a market size of 705.6 billion Yuan in 2020, down by 11.3% year-on-year. Electric vacuum cleaning and mopping sector became one of the few categories that achieved fast growth amid the broad sluggishness with a market size of 24 billion...
Electric toothbrush market grows fast with thousands of new entrants flooding in
Looking back at the development of personal care appliance market in the past 2020, electric toothbrush category stood out with large consumer demands and fast market expansion, which mainly came from the rising healthcare awareness of consumers as well as the cutting average price of the product...
Data | China’s washing machine market posted retail sales value of 71.4 billion Yuan in 2020
China’s washing machine market posted retail sales value of 71.4 billion Yuan in 2020, down by 6.2% year-on-year, and retail sales volume of 36.9 million units, down by 3.6% year-on-year, according to all channel data estimated by All View Cloud. It is learned that the retail sales performance was ...
Read More →Performance of China’s refrigerator industry in 2020
The sudden outbreak of coronavirus dealt a heavy blow to the offline market of China’s refrigerator industry, while boosted overseas demand to a huge high. The industry has been on a roller coaster amid the coronavirus. With uncertainties of overseas market and a fall in domestic market, the...
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