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How is the Chinese home appliances & electronics market changing?

Chinese consumers continue to move towards online shopping for home appliances and electronics, with a booming FMCG industry driving growth. The Chinese home appliances and electronics market continues to shift to online with a robust growth. Market size

How did China's home appliance industry perform in 2024?

In the first half of 2024, China’s home appliance industry was under a continued influence posed by the downturn in the real estate sector and weak consumer... While the scorching summers attracted an influx of new players into China’s air conditioner industry in the past two years, the industry’s total production... Click here for details...

What home appliances are exported in China?

Among them, electric fans, vacuum cleaners, and televisions are the top three categories of exported home appliances. It is worth mentioning that the export volume of washing machines has grown rapidly by 37% compared to the same period last year during the pandemic, which reflects the high dependence of overseas markets on Chinese manufacturing.

Why are Chinese consumers moving towards online shopping for home appliances & electronics?

Chinese consumers continue to move towards online shopping for home appliances and electronics, with a booming FMCG industry driving growth.The Chinese home appliances and electronics market continues to shift to online with a robust growth driven by an FMCG mode that is increasingly being implemented.

Why is China promoting trade-ins of home appliances?

China's latest efforts to promote trade-ins of home appliances will further stimulate consumer spending appetites, bolster consumption recovery and inject... Profit improvement has been a long challenge since the Chinese refrigerator brands entered the global markets. And there are reasons behind it. Given the unique...