China’s air conditioner industry saw FY2020 ended in gloominess
China’s air conditioner market started to rally in Q2 after a sluggish first quarter. In August, FY 2020 (from August 2019 to July 2020) or the so-called Cold Year 2020 of Chinese air conditioner industry ended with a 10-year low plunge in market size...
Would disinfection be a common function of dishwasher after pandemic?
Dishwasher industry has been expanding fast in the past few years, though the penetration is still below 3%. Entering 2020, the product gets an increased amount of attention amid the pandemic. But at this point, consumers’ major concerns have changed from cleaning performance to bacterial...
Exports of home appliances from China in H1 2020
Covid-19 battered the global economy and drove it into a downturn in the first half of 2020. Amid the broad sluggishness, exports of home appliances from China also suffered a blow given the stock market fluctuations, shrinking supply and demand, stagnating global trade, escalating geopolitical...
Retail sales value of home appliances down by 14.13% in H1
China’s home appliance industry saw retail sales value down by 14.13% on a yearly basis to reach 369 billion Yuan for the first half of 2020, according to a half-year industry report released by CCID Group (China Center for Information Industry Development under the Ministry of Industry and...
Outputs of refrigerators, washing machines and air conditioners grow in June
The combined output of refrigerators stood at 37.593 million units from January to June 2020, down by 6.9% year-on-year; room air conditioners 104.149 million units, down by 16.4% year-on-year; washing machines 32.602 million units, down by 7.2% year-on-year, according to the half-year performance...
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