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BEIJING, Jan 28, 2011 - (ACN Newswire) - Cheaponsale.com's latest report shows that the domestic washing machine sector had an increase of 30% in sales last year, accounting for 70% of the domestic market share.
Cheaponsale.com believes that sales of Panasonic was 2 million units in 2010, with retail sales 7.26% of the market, an increase of 9.32% on last year. At the same time, Panasonic Hang Zhou Company signed an agreement to extend their contract to
2030, and the company said that they would continue enlarging the productivity.
The analyst of Cheaponsale.com said that the sales of washing machine increased rapidly in 2010, the total sales are about 50.1 million units, year-on-year growth of 28.8%, and in the year of 2009, the total output was just 43 million units.
On sales, it mainly depends on domestic market; the sales were 34 million units, accounted 67% in the total sales. And it was also increased quickly on abroad, which realized annual sales 17 million units.
The data also showed us that Haier is also the washing machine property's No.1, the retail sales is 9 million units in China. Other data showed us that Haier's total sales are 12 million units in 2010; year-on-year grew 30.6%.
Besides that, the sale of Swan and Midea are also growing by 43.48% and 224.30%.
Cheaponsale.com (http://info.cheaponsale.com/market/) predicts that that the tumbling-box washing machine is the future tendency, and China's companies already grasp some parts of the core technology, and in the future, the percentage of market occupancy of tumbling-box washing machine will reach 35% or 40%.
Topic: Research / Industry Report
Source: Cheaponsale.com
Sectors: Consumer Electronics
https://www.acnnewswire.com
From the Asia Corporate News Network
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