The health-oriented trend of China’s air conditioner industry
In August 2022, the 2023 financial year of China’s air conditioner industry started. A shortage of supply occurred due to unusual high temperature of the summer of 2022, which indicates the stimulation of untapped market potential. In this context, industry players held dealer conventions with a...
Data | Sales of garbage disposals down by more than 30% in H1 2022
Retail sales volume of garbage disposals in China reached 110,000 units and sales value 200 million Yuan in H1 2022, both down by more than 30% YoY, of which models with two-stage grinding design dominate the online and offline market with a combined market share of nearly 30%, models with cordless ...
Read More →Data | the market size of smart home appliances reaches 500 billion Yuan
It is learned that the market size of smart home appliances has reached 500 billion Yuan from the 200 billion Yuan in 2016, of which emerging categories such as dishwasher and vacuum cleaning robot grew fast, according to a press release of the department of industry and information technology held ...
Read More →Data | China’s major home appliance output accounted for more than 50% of the world
It is learned that revenue and profit of home appliance enterprises above designated size stood at 1.7 trillion Yuan and 121.9 billion Yuan in 2021, up 15.5% and 4.5% respectively, export value of the whole industry stood at more than 100 billion USD, up 20% YoY, with products sold to more than 2...
Read More →Electric floor washers sell in large numbers
The rising concepts of high-efficient cleaning, quality life and healthy home lead to a sales bonanza for home vacuum cleaning appliances particularly electric floor washers.
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