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,...
Read More →The lackluster five years of smart toilet industry
Five years ago, an article titled “Go to Japan to buy a smart toilet seat” written by Wu Xiaobo went viral in China, making this product a hot item on everyone’s lips. At that time, the industry was broadly believed to be taking off soon. Looking back at the start of 2020, I find that the smart...
Read More →Refrigerator industry remains sluggish with some opportunities ahead
Chinese refrigerator market has remained sluggish for 8 years since China’s policy of “home appliances to rural areas” came to an end in 2012. During the past 8 years, domestic refrigerator shipping volume growth has never hit 5% and mostly stayed at around 0%. While the industry remained flat in...
Read More →China's home appliance industry saw profit up by 12.9% from Jan to Nov 2019
China's home appliance industry posted revenue of 1440.9 billion Yuan, up by 4.3% year-on-year, and profit of 117.02 billion Yuan, up by 12.9% year-on-year, from January to November 2019, according to Ministry of Industry and Information Technology.
Read More →E-commerce platforms expand to lower-tier markets
The freshly-ended double 11 shopping festival further attests to the value of lower-tier markets, and drives the rising trend of “e-commerce platforms to lower-tier markets” to a new high. With home appliance manufacturers and e-commerce platforms including Alibaba, Suning, JD and Pinduoduo...
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