Clothes dryers on rising demand amid coronavirus outbreak
Clothes dryers come into view of many as a bacteria remover amid the coronavirus outbreak as videos on using dryer to disinfect masks go viral. Enterprises and distributors seize the opportunity to highlight this selling point. During the outbreak, BSH donated its washers and dryers to a number of...
Performance of China's home appliance industry in 2019 and forecast on 2020
Home appliance industry saw revenue of 1.6 trillion Yuan for year 2019, up by 4.31% year-on-year, and profit of 133.86 billion Yuan, up by 11.89% year-on-year, according to National Bureau of Statistics. With most categories slowing down in growth, some maintained a strong growing momentum. For...
Retail sales value of home appliances and audio and video equipment down by 30% in first two months
Combined retail sales value of home appliances and audio and video equipment plunged by 30% in the first two months, according to the latest statistics released by National Bureau of Statistics on March 16, 2020. It is shown that total retail sales value of consumer goods came to 5213 billion Yuan, ...
Read More →Home appliance industry to see rebound
China's home appliance industry is likely to see pressure in the short term as the novel coronavirus outbreak will influence the supply of raw materials and the sales of brick-and-mortar stores. But the impact should be temporary and this segment will see a big rebound once the outbreak ends,...
Coronavirus Boosts China's Disinfection Cabinet E-Sales by 70%
Disinfection appliances have been selling like hotcakes in China amid the novel coronavirus. The online retail volume of disinfection cabinets jumped over 70 percent in the first two months of this year over the same period last year, and multifunctional sterilizers have emerged for banknotes,...
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