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BEIJING, Oct 11, 2010 - (ACN Newswire) - Chinaqualitydigital.com reports that with people's living standard improved, the requirement of kitchen was also increasing, China has a population of 1.3 billion, and the market is extremely huge, in recent years, Chinese kitchen hardware market sales according with 35% speed on the rise. Since 1980s, the short 20 years, kitchenware industry has become the sunrise industry, which has entered a rapid growth to a mature stage.
In 2007, the kitchen utensils above all household electric manufacturing enterprises the total industrial output value achieved 11,075,322 RMB, which increased more than 33.8% compared with the same period of 2006.
In 2008, January - October China kitchen electric appliance manufacturing enterprises achieved total industry output reached 11,075,322 RMB increased 33.88% than the same period of 2007.
In recent years, Chinese kitchen industry appears below some new trends:
The development of information technology brings the opportunity and challenge. From the opportunity aspects to say, information technology is good for optimize business process, reduce the management cost and obtain advantages in competition. But those who cannot use information technology to improve the process of the enterprise in competition are obviously in disadvantage.
Product structure is in beautiful, vogue, environmental protection, low energy consumption and so on directions to evolution. Low value-added products must continue to withstand the impact of the domestic industry competition.
China's circulation channels brewing change. In recent years, along with the rise of home appliance chains, it became the important sales channel of home appliances.
The future kitchenware market competition will be more intensive, the whole industry in reshuffle stage. But the most enterprises scale is small, the position is difficult. Generous profits made some major home appliance enterprises also began to seize kitchenware market, which made the competition in the nationwide upgrade. Especially many multinational companies with technology, brand and marketing advantage, make domestic kitchen competition turn white-hot.
At the same time, the rural market needs to be developed, and with the urban resident's renewal requirement, kitchenware demand will remain steady growth. In today's fast development, Chinaqualitydigital.com believes that the kitchen hardware industry's prospect is very considerable.
Contact:
Chinaqualitydigital.com
Tel: +86-10-65569770
Email: my@chinaqualitydigital.com
http://www.chinaqualitydigital.com
Topic: Research / Industry Report
Source: ChinaQualityDigital.com
Sectors: Retail & eCommerce, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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