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2020-09-01
780
China
China's retail industry is largely growing but is highly fragmented with multiple small and independent retailers on account of a large population with differencing consumer behavior and purchasing power all over the country. Moreover, government subsidy programs such as “old for new policy” and “Energy Saving” for household appliances have boosted the Chinese consumer durables industry in the past years. As per the demand for consumer durable products and the growth of consumer durables industry all over the world, China and other emerging countries such as India Japan and Korea secured the top positions in 2017 and are expected to continue their strong performance over the forecast period. Consumer durable players, Hangzhou Robam Appliances and Suofeiya Home Collection in China showcased highest sales growth in 2017. In 2017 there were 1042 million smartphone subscribers and USD 606 billion valued online retail markets, thus China has a growing technology adoption rate and e-commerce sector, therefore, the supply of consumer durables is expected to double over the forecast period. China has a low default rate in the consumer durables retail sector, an important aspect in the supply chain management, is thus strengthening the Chinese consumer durables industry. Further, Chinese consumers have a high saving rate, which is thus hurdling the efforts taken by the government and the market players towards growing the consumer durables retailing. But the growing demand for premium goods, unorganized nature of the retail sector and comparatively low penetration of service in China has further opened up huge growth opportunities for the consumer durables industry. Goldstein Market Intelligence analyst forecast that the China consumer durables industry is set to grow at a CAGR of 13.1% over the forecast period (2017-2030).
By Product Type
By Pricing Model
By Distribution Channel
By Business Model
The report covers the present ground scenario and the future growth prospects of the consumer durables industry for 2017-2030 along with the industry players’ analysis. We calculated the industry size and revenue share on the basis of revenue generated from major players in the China region. China's consumer durables industry is forecasted on the basis of consumer durables production and supply.
China Consumer Durables Industry Outlook 2017-2030, has been prepared based on an in-depth industry analysis from industry experts. The report covers the competitive landscape and current position of major players in the China consumer durables industry space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of industry players and their business models. “China Consumer Durables Industry Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "China Consumer Durables Industry" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our China consumer durables industry report comprises of the following companies as the key players:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive industry and vendor landscape in addition to a SWOT analysis of the key vendors.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
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