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...
Read More →Laundry sector undergoing a structural change in products
China’s rising young consumers is changing the mainstream consumption concept of this big market. In laundry market, this works too. China’s laundry sector is witnessing a rise of personalized and niche demands, which opens up new opportunities for the industry. At this moment, industry players...
China’s air purifier sector enters its honeymoon period
After five years of evolvement, China’s air purifier sector gets on a path towards healthy development. In March 2016, China’s new national standard for air purifiers kicked in, clarifying the development direction of this sector...
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