Data & Research

Data | Exports of home appliances from China stood at 353.04 million units in September

The combined exports of home appliances from China stood at 2751.78 million units from January to September 2023, up 7% YoY, of which that for September alone stood at 353.04 million units, up 23.6% YoY, according to the data released by General Administration of Customs on October 18, 2023.

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.