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China Consumer Appliances Market: Analysis Report, Share, Trends and Overview 2021-2027

01-04-2022 01:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

China consumer appliances market is anticipated to grow at a CAGR of 7.2% during the forecast period. The steady growth of China’s consumer appliance can be attributed to the increasing disposable income and a huge base of the middle-class population. Additionally, the exposure to the western lifestyle is also driving the middle-class to possess more and more luxury appliances for domestic as well as personal use. In addition, the increased urbanization across the country coupled with the rise in consumption of white goods in rural areas will also influence the growth of the market.

The production of appliances with relatively advanced technology at a lower cost is also aiding the country to gain a competitive edge in the consumer appliance industry. The country also houses various globally recognized brands including Haier Group, Midea Group, Huawei Technologies Co., Ltd., and Xiaomi Corp.

A full report of China Consumer Appliances Market is available at: https://www.omrglobal.com/industry-reports/china-consumer-appliances-market

In addition to this, the strong presence of e-commerce marketplaces especially for consumer appliances such as Suning.com Co., Ltd., Tmall.com, Jingdong, among others are catalyzing the growth of the market across the country. Additionally, increasing brand awareness among consumers is also influencing the market.

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered-
o By Product Type
o By Usage
o By Distribution Channel
• Competitive Landscape- Haier Group, Midea Group, Huawei Technologies Co., Ltd., AUX Group Co., Gree Electric Appliances Inc.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/china-consumer-appliances-market

Key questions addressed by the report

• What is the market growth rate?
• Which segment and country dominate the market in the base year?
• Which segment and country will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region and country
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

China Consumer Appliances Market Report Segment

By Product Type

• Air Solution
• Entertainment
• Laundry & Cleanliness
• Connectivity
• Water Solution
• Kitchen Appliances
• Grooming Accessories
• Wearables
• Other Consumer Appliances

By Usage

• Personal Care/Individual
• Domestic Use

By Distribution Channel

• Online
• Offline

Company Profiles

• Apple Inc.
• Aucma Co., Ltd.
• AUX Group Co.
• BBK Electronics Corp.
• BOE Technology Group Co., Ltd.
• Daikin Industries, Ltd. (Japan)
• Gree Electric Appliances Inc.
• Haier Group Corp.
• Hisense Home Appliances Group Co., Ltd.
• Huawei Technologies Co., Ltd.
• Konka Group Co., Ltd.
• Lenovo Group Ltd.
• Midea Group
• Nanjing Panda Electronics Co. Ltd.
• Samsung Electronics Co., Ltd.
• Sichuan Changhong Electric Co., Ltd.
• Skyworth Group Ltd.
• TCL Technology Group Corp.
• Whirlpool Corp.
• Xiaomi Corp.

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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