Chinese refrigerator brands go global with a focus on high-end, smart and energy-efficient products
Profit improvement has been a long challenge since the Chinese refrigerator brands entered the global markets. And there are reasons behind it. Given the unique demands of consumers from different regions of the world in terms of food storage temperature and refrigerator compartment layout, Chinese...
Integrated cooking centers: a new consumer trend in the kitchen appliance market
Integrated cooking centers have been gaining popularity, posting good market performance since Fotile developed the concept, drawing in more and more brands into the emerging field.
Overall development of China’s home appliance industry in 2023
China’s economy was in a period that featured post-pandemic recovery and proactive policy support in 2023 following China’s smooth transition of Covid-19 response in a relatively short time and its introduction of economic stabilization policies. In the first half of 2023, the traveling...
Data | China’s home appliance export grew fast from Jan to May
From January to May 2024, China’s export of goods amounted to 9.95 trillion yuan, a 6.1% increase. Among them, exports of ships, electric vehicles, and household appliances showed rapid growth, with increases of 100.1%, 26.3%, and 17.8%, respectively, according to General Administration of Customs ...
Read More →A long way ahead for China’s dishwasher sector to reach a high penetration rate
With a CAGR of more than 35% in the past ten years and a combined retail sales value 19 times that of 2014 in 2023, the dishwasher sector only has an annual retail sale of 11 billion Yuan now and its penetration rate, at 2.9% according to the estimation of All View Cloud, falls far behind the market...
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