With strong sales, where is electric vacuum cleaning appliance industry going
Electric vacuum cleaning appliances grow against the headwinds amid the pandemic and fierce market competition, posting strong performance for 2021. It’s worth noting that Roborock achieved a frog leap in 2021 with an increased R&D investment and Ecovacs saw its sales touch the 10 billion RMB...
Data| The export value of home appliances and furniture from China exceeds 20 billion USD for the first four months of 2022
Main industries of China’s light industry expanded investment, achieving a double-digit growth across the board, according to a performance report of China’s light industry from January to April released by China National Light Industry Council.
Read More →With weak demand and a rebound in profit, home appliance industry forged ahead under pressure in Q1 2022
At the beginning of 2022, China’s home appliance industry came under pressure on both supply side and demand side under the influence of a few factors from within and outside China including the economic downturn, sporadic outbreaks of scattered covid-19 infections and the world’s geopolitical...
Washing machine industry embarks on an upgrade in all respects
Washing machine industry embarks on an upgrade in all respects to reflect the changing consumption demands while ease the pressure brought by rising raw material cost after a struggling recovery in 2021. At the current stage, a war over value instead of price has been on.
Performance of China’s home appliance industry in 2021
Faced with pressing challenges including weak domestic demands, skyrocketing raw material prices and international shipping costs, the supply chain disorder, the Yuan appreciation and the fallout of Covid-19 last year, China’s home appliance industry rose to difficulties and forged ahead with...
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