Data & Research

Performance of China’s home appliance industry from Jan to July 2022

Home appliance market is cooling from Jan to July 2022. The flare-ups of COVID-19 take a toll on consumption and logistics, leading to a slower growth of disposable income, dented spending confidence and willingness, and therefore a weak domestic consumption market. Export wise, there has been a...

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 ...

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 ...

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...