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...
Read More →Data | China’s home appliance export rose by 23.3% from Jan to April by volume
From January to April 2024, China’s home appliance export stood at 1330.86 million units, up 23.3% YoY, with export value at 221.68 billion Yuan, up 16.4% YoY, according to General Administration of Customs of China.
Read More →Performance of China’s washing machine industry in 2023
In the beginning of 2024, China’s washing machine industry maintained the growth trend in both production and sales in 2023, making a continued growth in export and a recovery in domestic sales, based on data from the first two months of 2024. Could the industry keep up the good work this year?
Read More →Analysis on 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. In the first half of 2023, the traveling consumption and some service-related consumption resumed fast among Chinese residents but that of durable consumer goods including home appliances...
Read More →Data | Export value of China’s home appliance industry stood at 103.07 billion USD in 2023
The combined revenue of home appliance enterprises above the designated size stood at 1.8 trillion Yuan in 2023, according to the bulletin of statistics released by China National Light Industry Council on March 6, 2024. According to the bulletin, the combined profit of the home appliance industry...
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