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?
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...
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...
Read More →Performance of China’s refrigerator industry in 2023
China’s refrigerator industry entered 2023 with high expectation for an economic recovery after the tight pandemic prevention and control measures came to an end in the last month of 2022. But a year has passed, the rebounding momentum has not been as strong as expected for the home appliance...
Kitchen air conditioners gain popularity
Kitchen air conditioners have been gaining popularity among Chinese households, attracting many enterprises to dip their toes into the field. Industry heavyweights such as Gree, Haier and Midea, kitchen appliance brands such as Robam, and many emerging brands of kitchen air conditioners offer...
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