Household water heater sector presses ahead against headwinds

Water heater enterprises were caught unprepared by the sudden outbreak of coronavirus, though the sluggish 2019 has prepared them for tough years ahead. As a category that needs home installation, the sector was hard hit by the outbreak in Q1 with market size suffering a big shrink. But as...

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Online channels account for more than 50% of home appliance sales for the first time

China’s home appliance industry saw total retail sales value down by 35.8% year-on-year to 120.4 billion Yuan in Q1, of which online channels account for more than 50% for the first time at 55.8%, according to a market report on home appliance industry for Q1 released by China Center for...

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Data |Omni-channel retail sales of drinking water filtration system fell by 10% in Q1

Drinking water filtration system saw retail sales volume and sales value down by 52.4% and 53.8% respectively at offline channels, up by 43.5% and 12.1% respectively at online channels in Q1 2020, according to China Market Monitor (CMM). Omni-channel retail sales of the category has been down by 10%...

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Data |Air conditioner sector halved in market size in Q1

Air conditioner sector saw domestic retail sales volume of 4.77 million units in Q1 2020, down by 51.3% year-on-year, and sales value of 13.8 billion Yuan, down by 61.4% year-on-year, according to All View Cloud. Amid the general lockdown, leading players leverage their competitiveness to gain...

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Data | Integrated stove sales fell in both value and volume for Q1

For Q1 2020, integrated stove sales suffered a fall of 45% year-on-year in volume and 47% year-on-year in value, according to China Market Monitor (CMM). During the coronavirus, this installation-needed category was battered with a plunge in sales, particularly in-store sales. CMM estimates that,...

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