Dishwasher makers saw big market opportunity after adapted products to Chinese tastes
After entering Chinese market in 1990s, dishwashers have long remained a relatively small market size, with BSH, Haier, Midea and Panasonic accounting for 80% of the market. After decades of development, this sector is coming into more and more Chinese consumers' view. Statistics from China Market...
Chinese TV brands lead world
Chinese brands of televisions accounted for 30 percent of the global market in 2016, an increase of 3.2 percent year-on-year as Chinese home appliance companies stepped up efforts to expand overseas through mergers and acquisitions, according to All View Cloud, a Beijing-based consultancy. Chinese...
Water heater sector saw stable growth in 2016
Water heater sector has maintained a growing trend which begins last year in 2016, and seen stable growth. Gaining popularity in the 90s in China, this sector grows fast, especially in the golden age of property market. Report on Investment Planning of China's Water Heater Market suggests that...
Read More →Gome saw a 15% increase year-on-year in sales revenue for first three quarters of 2016
Gome, a leading home appliances & electronics retailer in China, announced in Nov 2016 that, by Sep 30, 2016, its profit for first nine months is expected to shrink year-on-year, but profit for the third quarter is expected to significantly exceed profit for the second. For the first three quarters ...
Read More →Performance of China's home appliance industry for 2016
China’s home appliance industry saw a notably improved quality of its economic growth in 2016, with upgraded consumption preferences of consumers, a rebalanced industry structure and product mix, and enhanced product quality. While major appliance market was sluggish in the first half of 2016 with ...
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