Where’s China’s refrigerator industry going in 2023
China’s refrigerator industry struggled in both domestic retail market and overseas market in 2022 under the influence of several disadvantaged factors at home and abroad such as the prevention and control of COVID-19, the fed rate hikes, the Russia-Ukraine conflict and the inflation.
China’s home appliance industry on a domestic demand-driven, steady development path towards long-term growth
Under big challenges including domestic demand contraction, global economic downturn and a shrinkage in overseas demand, China’s home appliance industry maintained steady in overall development in 2022 through an optimization of product mix, cost reduction and efficiency increase aside from the...
Combi oven sector expands fast
With kitchen appliances getting popular amid the COVID-19, integrated kitchen appliances especially combi ovens have become the first choice of more and more consumers for its standout advantages such as multi-functional, space saving and stylish design.
Kitchen appliance industry embarks on a new chapter of development
The performance of kitchen appliance industry has been lackluster in 2022 even during the traditional shopping festivals such as May 1st, June 18th and November 11th according to data released. But data isn’t everything particularly for kitchen appliance industry that covers a wide range of...
China’s electric water heater market from Jan to Aug 2022
China’s overall home appliance market has been sluggish with weak domestic demand and a shrinkage of market size under the impact of the flare-ups of COVID-19 from Jan to Aug 2022. The electric water heater (storage water heater) sector is no exception. But there are highlight too. On one hand,...
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