Data & Research

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),...

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).

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...