Data & Research

Performance of China’s home appliance industry from January to July 2023

China’s economy has experienced a rebound in 2023 thanks to the smooth transition of China’s COVID-19 response and stimulus policies issued to stabilize economy, but the recovery of durable consumer goods consumption including home appliances has been lagging. As to overseas markets, the pressure ...

The booming silver economy in China offers great opportunities for home appliance industry

Against the backdrop of an aging population, the establishment of an eldercare system that includes eldercare services and products comes up as a new task for Chinese industries including the home appliance industry who are facing the challenges as well as opportunities brought by the rising silver ...

How does household hair removal industry develop after the strengthened regulation took effect?

Household hair removal industry still posts strong performance after hair removal products started to be regulated as medical devices since January 2023. According to the report released by Tmall, hair removal devices and other medical beauty products saw explosive growth during this year’s “618”...

Home appliance industry embraces new opportunities through targeting different demographics

Nowadays, people are categorized into demographic groups who have their unique interests and preferences such as singles, mothers, students, otaku, pet owners and employees, generating a demographic-based economy that gives more attention to specific demographics instead of the masses.

China's home appliance sector reports increasing output in Jan-July

China's home appliance industry reported steady output growth in the first seven months of the year, according to the latest data from the Ministry of Industry and Information Technology.