China Consumer Durables Industry Outlook 2024- by Goldstein Research


Posted March 21, 2020 by Steveblade

According to Goldstein Research, China consumer durables industry is expected to reach USD 270.3 billion by 2024, growing at a CAGR of 13.1% over the forecast period through 2025.

 
According to Goldstein Research, China consumer durables industry is expected to reach USD 270.3 billion by 2024, growing at a CAGR of 13.1% over the forecast period through 2025. The government subsidy programs such as “old for new policy” and “Energy Saving” for household appliances has boosted the China consumer durables industry in the past years. China consumer durables industry segmentation has been done on the basis of product type, pricing model, distribution channel and business model. Brown goods accounted for largest market share of 52.91% in 2017, with television and audio and video systems acquiring major share. White goods segment is pacing it growth, at a CAGR of 13.84% over the forecast period.

China Consumer durables market is witnessing that China has growing technology adoption rate and e-commerce sector, therefore, supply of consumer durables are expected to double over the forecast period.

Request for Sample Report: https://www.goldsteinresearch.com/request-sample/china-consumer-durables-industry-analysis

Market Segmentation
On the basis of our in-depth analysis, China Consumer Durables Industry can be segmented as follows:

By Product Type

o White Goods
 Air Conditioner
 Refrigerator
 Washing Machines
 Dish Washers
 Microwave Ovens
 Other Domestic Appliances

o Brown Goods
 Televisions
 Audio and video systems
 Laptops
 Digital Cameras
 Other Consumer Electronics
By Pricing Model

o Low Cost Products
o Medium Cost Products
o High End Products (Customized or luxury Brands)
By Distribution Channel

o Online Distribution Channel
o Offline Distribution Channel
By Business Model

o Business to Business (B2B)
o Business to Consumer (B2C)

The Report is Available at: https://www.goldsteinresearch.com/report/china-consumer-durables-industry-analysis

“China Consumer Durables Industry Outlook 2024” by Goldstein Research contains detailed overview of the China Consumer durables industry in terms of market segmentation by product type, pricing model, distribution channel and business model.

Further, China Consumer Durables Industry Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Legend Holdings, Huawei Investment & Holding Co., Ltd., Hangzhou Robam Appliances, Suofeiya Home Collection, Sony, Samsung, LG Durables, Panasonic, Koninklijke Philips N.V., Haier Consumer Durables Group, Logitech International, Onida Durables, Toshiba, Videocon, Hitachi, Ltd., Hisense, TCL, Blue Star, Daikin, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the China Consumer durables industry trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on consumer goods industry analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com
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Tags china consumer durables industry , china consumer durables industry trends , china consumer durables industry size
Last Updated March 21, 2020