Sales of vacuum cleaners surge for the first three quarters of 2018
Retail sales value of vacuum cleaners grew by 32.3% year-on-year to 12.23 billion Yuan in the first three quarters of 2018, of which 74.6% came from e-commerce platforms, and retail sales volume rose by 15.7% year-on-year to 14.42 million units, according to All View Cloud. Ecovacs, Dyson and Midea ...
Read More →Air source heat pump industry struggles in 2018
In the first three quarters of 2018, domestic sales value of air source heat pump (ASHP) products posted 7.46 billion Yuan, of which 4.3 billion Yuan came from water heaters, a year-on-year rise of 6.7%, and 3.16 billion Yuan from space heaters, a year-on-year fall of 45.7%, according to China IOL...
Read More →Global home appliance exports and imports in 2017
Global home appliance exports and imports in 2017 in charts...
As a mainstay of Double 11 shopping, home appliances advance consumption upgrade
After this year’s Double 11 shopping day, e-commerce platforms posted record-setting figures again, with transaction of Tmall hitting 213.5 billion Yuan, JD.com 159.8 billion Yuan and Suning.com rising by 132% year-on-year...
Water heater sector comes under pressure
Affected by China’s tightened housing policies, water heater sector slows down its growth in sales for three consecutive quarters in 2018 after saw a surge in 2016 and a continued growth in 2017. At this point, industry players take active efforts in distribution channel deployment and product...
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