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...
Integrated stove: a dark horse of kitchen appliances
As consumers’ interests for integrated appliances grow, integrated stoves come into view with functions that includes a hood, a gas stove, an oven, a disinfecting cabinet and a storage cabinet, making a highlight amid the softening kitchen appliance market in 2018.
Cordless handheld vacuum cleaners rise thanks to elevated user experience
The lackluster vacuum cleaner market is embracing an opportunity to expand in recent two years after staying flat for 20 years, posting a retail sales growth of 18% year-on-year from January to May and an estimated growth of more than 20% for the first half of 2018, according to Gfk. The sector...
Air conditioner sector saw all-time high outputs and sales in FY 2018 with inventory exceeding 45 million units
The hot sales of air conditioners in the last three consecutive years not only fueled major industry players’ confidence in expanding production, but also led to an influx of new entrants who were ambitious to gain some ground in the sector. In this context, financial year 2018 (Aug 2017-July 2018)...
China’s home appliance industry posted revenue of 742.25bn Yuan in H1 2018
China’s home appliance industry posted revenue of 742.25 billion Yuan, a year-on-year growth of 13.1%, and profit of 52.29 billion Yuan, a year-on-year growth of 15.9%, according to statistics released by China’s Ministry of Industry and Information Technology on August 20th 2018.
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