China Home Appliance Sector Reviewed in New Cutting-edge MIC Report Published at MarketPublishers.com14 Mar 2014 • by Natalie Aster
LONDON – In Q4 2013, China’s home appliance market value grew almost 10.3% YoY and reached close to 527.8 billion RMB (about USD 86 billion). However, in the very same quarter, market value declined by 3.2% for a second year in a row in 2013, which is primarily attributed to the end of the government’s subsidy programme with respect to power-saving appliances and higher calculation base in 2012.
On the watch for the advent of the era for the smart home appliances, the product’s average selling price (ASP) is regarded to be a leading factor closely related to higher profitability. Revenue from the sales of Chinese-made home appliances (washing machines, refrigerators, air conditioners, etc.) totaled nearly 21.6 billion RMB (just over USD 3.5 billion) in Q4 2013, up 43.5% YoY. In the offing, the naiton’s home appliance industry is to enter a novel era of the Internet of Things (IoT), and is poised for bigger profit gains.
New cutting-edge research report “Chinese Home Appliance Industry and Market, January 2014” drawn up by Market Intelligence & Consulting Institute (MIC) is devoted to an in-depth objective analysis of China’s marketplace for white goods, comprising refrigerator, washing machine, and air conditioner.
The topical report provides a monthly overview of the shipment volume and sales volume of white goods during June 2013-January 2014. It also contains rankings of key vendors; includes product sales volume rankings by model in January 2014; and also delivers essential information on import and export value and volume during December 2013.
Firms discussed include: Aux, Littleswan, Changhong, Chigo, Galanz, Daikin, Electrolux, Haier, Samsung, Sony, HF-Sanyo, Hisense, Konka, Gree, TCL, MeiLing, Midea, Mitsubishi, New-fly, LG Panda, Panasonic, Ronshen, Sanyo, Sharp, Siemens, Skyworth, Tongfang, Kelon, XiaoYa, Xingxing, and Xinle.
Chinese Home Appliance Industry and Market, January 2014
Published: March, 2014
Price: US$ 1,200.00
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