China Home Appliance Industry Review: White Goods Industry Enters a Stagflation Period

SHANGHAI, Nov 23 – China’s market scale of home appliance continues to expand, and the growth in kitchen appliance industry is outstanding.

The development of large white household appliance industry fell short of expectations and stayed in the stagflation adjustment period.

Kitchen appliance and gas stoves had highest sales, sales of integrated stoves grew significantly.

Domestic and export sales of major white household appliances were relatively balanced, most sales of range hood and stove were exports.