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China’s Home Appliances Market to 2023: Dominated by Qingdao Haier (Haier Electronics), Midea Group, Gree Electric, and Robam Appliances - ResearchAndMarkets.com

May 22, 2019

DUBLIN--(BUSINESS WIRE)--May 22, 2019--

The “China Home Appliances Market: Industry Analysis & Outlook (2019-2023)” report has been added to ResearchAndMarkets.com’s offering.

The Chinese home appliances market is experiencing a lucrative growth due to improving disposable incomes, urbanization, and increasing consumption of white goods in rural areas.

China is the fastest growing home appliances market all over the world. Being technically advanced and relatively cheaper, many countries are importing home appliances from China. In China, there is a high replacement demand for white goods and small appliances. Whereas, the major kitchen appliances market is witnessing a higher demand for new products. Premium white goods are being increasingly adopted by consumers.

The refrigerator and washing machine markets are majorly supported by the trend of premiumization. Air conditioner segment dominated the Chinese home appliances market due to high export and domestic demand of AC. However, the AC market could see a downfall due to the ongoing trade war with the U.S. Additionally, rising household debts in China could adversely affect the overall Chinese home appliances market.

China home appliances market is majorly dominated by Qingdao Haier (Haier Electronics), Midea Group, Gree Electric, and Robam Appliances. Gree Electric is a major contributor to the China AC market. Whereas, China online AC market is majorly ruled by AUX and Midea Group. Haier dominates the refrigerator and washing machine market in China.

Key Topics Covered

1. Overview

1.1 Home Appliances

2. China Home Appliances Market Analysis

2.1 China Home Appliances Market Value

2.2 China Home Appliances Market Value Forecast

2.3 China Home Appliances Market Share by Segment

2.4 China AC Market Value

2.5 China AC Market Value Forecast

2.6 China AC Market Volume

2.7 China AC Market Volume Forecast

2.8 China AC Export Volume

2.9 China AC Export Volume Forecast

2.10 China Washing Machine Market Value

2.11 China Washing Machine Market Value Forecast

2.12 China Washing Machine Market Volume

2.13 China Washing Machine Market Volume Forecast

2.14 China Washing Machine Market by Type

2.15 China Washing Machine Export Volume

2.16 China Washing Machine Export Volume Forecast

2.17 China Refrigerator Market Value

2.18 China Refrigerator Market Value Forecast

2.19 China Refrigerator Market Volume

2.20 China Refrigerator Market Volume Forecast

2.21 China Refrigerator Market by Type

2.22 China Refrigerator Export Volume

2.23 China Refrigerator Export Volume Forecast

2.24 China Major Kitchen Appliances Market Value

2.25 China Major Kitchen Appliances Market Value Forecast

2.26 China Small Kitchen Appliances Market Value

2.27 China Small Kitchen Appliances Market Value Forecast

3. Market Dynamics

3.1 Growth Drivers

3.1.1 Improving Disposable Income

3.1.2 Rapid Urbanization

3.1.3 Increasing White Goods Consumption in Rural Areas

3.2 Key Trends

3.2.1 Varying ASPs of White Goods in Domestic Market

3.2.2 Varying Demand for Home Appliances

3.2.3 China - The Fastest Growing Home Appliances Market Globally

3.2.4 Chinese Players Tapping into Global Market via M&A

3.2.5 Rise of Digital Customer

3.2.6 Trade War with the U.S.

3.3 Challenges

3.3.1 Rising Household Debts in China

4. Competitive Landscape

4.1 China AC Market Share by Company

4.2 China Online AC Market Share by Company

4.3 China Washing Machine Market Share by Company

4.4 China Premium Washing Machine Market Share by Company

4.5 China Refrigerator Market Share by Company

4.6 China Premium Refrigerator Market Share by Company

4.7 China Small Kitchen Appliances Market Share by Company

5. Company Profiles

5.1 Midea Group

5.1.1 Business Overview

5.1.2 Financial Overview

5.1.3 Business Strategies

5.2 Gree Electric

5.3 Qingdao Haier

5.4 Robam

For more information about this report visit https://www.researchandmarkets.com/r/pxv5wq

View source version on businesswire.com:https://www.businesswire.com/news/home/20190522005394/en/

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Related Topics:Household Appliances

KEYWORD: ASIA PACIFIC CHINA

INDUSTRY KEYWORD: HOME GOODS RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/22/2019 07:14 AM/DISC: 05/22/2019 07:14 AM

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