Market performance of China’s home appliance industry in Q1 2018
Market performance of China’s home appliance industry in Q1 2018
1. Performance indicators
Revenue of China’s home appliance industry grew by 12.6% year-on-year to post 346.5 billion RMB in Q1 2018, while its profit took a dip of 0.23% to come to 18.26 billion RMB. Heading into 2018, China’s ...
How badly could U.S.-China trade friction affect China's home appliance industry?
As the U.S.-China trade dispute escalates, how badly could it affect China's home appliance industry? As the biggest home appliance exporter of US, China accounted for half of global home appliance exports (parts and accessories excluded) to the US, with some categories taking a particularly high...
China’s online home appliance shopping market approached 500 billion RMB, fueling the rise of a new retail mode
According to the Report on China’s Online Shopping of Home Appliances in 2017 released at the 10th China Online Home Appliance Shopping Summit, the size of China’s B2C online home appliance shopping market (with mobile terminals included) rose by 27.6% year-on-year to hit 490.6 bn RMB in 2017. The...
Read More →Refrigerator sector saw continued low growth
As a milestone marking the 40th anniversary of China’s refrigerator industry, year 2018 is also expected to be toughest year of this field. According to statistics from China IOL.com, refrigerator sector posted an output of 75.162 million units in 2017, a year-on-year rise of 0.8%, and sales volume...
China's TV set sales see biggest drop in 14 years
China's TV set sales decelerated in 2017, marking the biggest drop in 14 years, a private report showed. China sold 47.52 million television sets last year, down 6.6 percent year-on-year, the biggest decrease since 2003, according to a report from domestic home appliance market monitor All View...
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