China Consumer Market Industry News

China’s watch market    < 2013-05-30 >

I.  Market overview According to China's Watch Industry Report compiled by a mainland consulting firm, China's watch market was worth about Rmb40 billion, with high-end watches having a 75% share, that is, about Rmb30 billion. Non-specialist brands priced between Rmb3,000 and Rmb30,000 have seen rapid growth in recent years. According to the market department of the China Horologe Association, sales of high-end watches in China dropped between December 2012 and March 2013. The reasons

China’s jewellery market    < 2013-08-03 >

I.  Market overview Jewellery demand in China has sustained a brisk pace of growth in recent years. According to National Bureau of Statistics figures, in 2003-2008, the average annual increase in retail sales of wholesale and retail enterprises above a designated scale was as high as 30.4%. As a result of a slowdown in the macro economy, growth has slackened in recent years. In 2012, growth in retail sales of jewellery was 16.0%. Then, in April 2013, a fall in gold prices touched off a wa

China’s kitchen electrical appliance market    < 2013-08-03 >

I.  Market overview According to figures released by China Household Electrical Appliances Association, sales in China’s kitchen appliance market in 2012 was growing at a slower rate. The performance of traditional kitchen appliances such as range hoods and water heaters was flat while the market for electromagnetic ovens (or induction cookers), microwave ovens and sterilising cabinets grew at a faster pace. As the property market began to rebound in the second half of 2012, the demand for

China’s furniture market    < 2013-05-03 >

I.  Market overview In China, as living conditions continue to improve, people are becoming more and more willing to invest in home decoration. People’s increasing purchasing power has driven the furniture market to develop in leaps and bounds. From 2004 to 2011, the sales value of wholesalers and retailers above a certain scale in the industry grew at an annual average rate of 31%. In January-November 2012, the growth slowed down somewhat to 26.3%, with sales value reaching Rmb137.5 billi

China's toy market    < 2013-08-15 >

I.  Market overview Toys in the Chinese market are classified mainly into electronic toys, mechanical toys, plastic toys and wooden toys. In addition to the traditional toys, model toys, licensed toys (film character toys and cartoon character toys), dolls, high-tech toys, smart toys, web-compatible toys and toys for adults’ recreation and entertainment have continued to come onto the market.   According to estimates by Euromonitor, a market research firm, total retail sales of toys an

China’s spectacles market    < 2013-05-03 >

I.  Market overview China is not just the world's leading manufacturer of spectacles but is also the largest potential consumer of such products. Children and elderly people alike are consumers. Euromonitor International estimated that China's spectacles market grossed nearly Rmb31 billion with a 15% growth and sold over 200 million pairs of glasses in 2012. Its market for contact lenses also grew by 12% to Rmb2.3 billion. According to a preliminary survey on children myopia jointly l

China’s environmental market    < 2013-09-18 >

I.  Market overview The environmental industry covers the equipment and engineering of a wide spectrum of technologies and their related services. It includes the provision of equipment and services for environmental pollution control, removal of pollutants, waste treatment, energy conservation, clean production, as well as the collection, secured treatment, recycling and recovery of waste resources. It also covers the appropriate protection of resources and the natural ecology. Equi

China’s lighting market    < 2013-05-11 >

I.  Market overview Lighting products are essential to the development of the national economy and people’s livelihood. As China’s economy continues to grow and people’s living standard rises, the demand of the mainland market for lighting products is also expanding. In the last 20 years, China’s lighting industry has been developing rapidly at a steady pace and the country has become a leading lighting producer and consumer in the world. There are many factors propelling the growth o

China’s cosmetics market    < 2013-05-14 >

I.  Market overview The cosmetics sector on the Chinese mainland has been growing at a fast pace in tandem with the rapid development of the Chinese economy in recent years. Data from Euromonitor reveals that total retail sales of skin care products and make-up products in China reached Rmb73 billion and Rmb16 billion respectively in 2011, achieving a growth rate of 14% and 13%. The table below shows the retail sales of cosmetic products of enterprises above designated size in the wholesal

China’s health food market    < 2013-05-28 >

I.  Market overview According to reports, market sources in the mainland estimate that China’s health food and nutritional supplement market is worth more than Rmb600 billion. Thanks to the people’s rising health awareness, it can be expected that this market will continue to grow. In China’s 12th Five-Year Development Plan for the Food Industry, the nutrition and health food industry has been included in the plan for the first time. According to this plan, it is projected that by the year

China’s garment market    < 2013-05-24 >

I.  Market overview The huge population of China constitutes a huge garment consumption market. Due to factors such as rising production costs, appreciation of the Renminbi and sluggish markets at home and abroad, retail sales of garment wholesale and retail enterprises above a designated scale in 2012 was Rmb702.2 billion. The figure represented a year-on-year growth of 17.7% but a slowdown from the 25% registered for 2011. For the industry as a whole, due to changes in market consumpt

China’s furniture market    < 2013-02-10 >

I.  Market overview In China, as living conditions continue to improve, people are becoming more and more willing to invest in home decoration. People’s increasing purchasing power has driven the furniture market to develop in leaps and bounds. From 2004 to 2011, the sales value of wholesalers and retailers above a certain scale in the industry grew at an annual average rate of 31%. In January-November 2012, the growth slowed down somewhat to 26.3%, with sales value reaching Rmb137.5 billi

China’s cosmetics market    < 2013-02-14 >

I.  Market overview The cosmetics sector on the Chinese mainland has been growing at a fast pace in tandem with the rapid development of the Chinese economy in recent years. Data from Euromonitor reveals that total retail sales of skin care products and make-up products in China reached Rmb73 billion and Rmb16 billion respectively in 2011, achieving a growth rate of 14% and 13%. The table below shows the retail sales of cosmetic product

China’s furniture market    < 2013-02-09 >

I.  Market overview In China, as living conditions continue to improve, people are becoming more and more willing to invest in home decoration. People’s increasing purchasing power has driven the furniture market to develop in leaps and bounds. From 2004 to 2011, the sales value of wholesalers and retailers above a certain scale in the industry grew at an annual average rate of 31%. In January-November 2012, the growth slowed down somew

China’s footwear market    < 2013-02-21 >

I.  Market overview As the disposable income of China’s huge population continues to rise year after year and consumer demand for footwear of higher grades grows, sales in China’s footwear market are not only enormous but are increasing steadily every year. According to the projection made by Euromonitor, in the next few years China’s footwear market will continue to grow at a rate exceeding 8%. A market survey conducted by Euromonitor

News Catalog