三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Home appliance makers eye bigger global reach

By FAN FEIFEI | China Daily | Updated: 2024-05-17 09:57
Share
Share - WeChat
A visitor checks out products of Bear Electric Appliance Co Ltd during an expo in Shanghai on May 12. [Photo/China Daily]

Chinese small home appliance makers are accelerating steps to expand their footprint in emerging overseas markets and increasing investment in localized research and development as part of a broader push to bolster sales globally and enhance international influence and brand recognition, industry experts said.

Homegrown small appliances — such as coffee makers, air fryers, humidifiers and robotic vacuum cleaners — are increasingly gaining traction among overseas consumers, who are paying greater attention to quality of life, personal health and food safety.

Data from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products showed that exports of Chinese small kitchen appliances increased by 14.3 percent year-on-year in 2023.

Bear Electric Appliance Co Ltd, a maker of small home appliances based in Foshan, Guangdong province, said sales revenue from overseas markets surged 105.66 percent year-on-year in 2023 to 370 million yuan ($51.1 million). Its self-owned brand products are mainly sold in Southeast Asia, Europe and the United States.

The company, founded in 2006, has developed and produced a series of creative electrical appliances, including yogurt makers, egg boilers, crock pots and steamers to entice young consumers.

Li Yifeng, chairman and general manager of Bear Electric, said, "In the past, our overseas business mainly focused on the original design manufacturer model, but now we are stepping up efforts to promote our self-owned brands to go global and develop the cross-border e-commerce business."

Currently, overseas sales only account for a relatively small proportion of the company's total revenue, Li said, adding that the company will continue to build up brand recognition overseas, intensify promotional efforts, expand retail channels and bolster global operational capacity.

Guangdong Xinbao Electrical Appliances Holdings Co Ltd said more than 70 percent of its revenue is from overseas consumers from more than 120 countries and regions across the globe, including Europe and the US.

Guo Jiangang, chairman of Xinbao, said demand for small home appliances from overseas markets was strong in the first quarter, adding that the company's overseas sales reached 2.57 billion yuan during the January-March period, up about 30 percent year-on-year.

Based in Shunde, Guangdong province, Xinbao specializes in designing and manufacturing small home appliances such as electric kettles, blenders, toasters and coffee makers. The company is also expanding its footprint in emerging markets, such as Southeast Asia, the Middle East and Africa.

Xinbao set up its first overseas factory in Indonesia last year, and plans to tap more opportunities from countries and regions involved in the Belt and Road Initiative. It has ramped up the push to enhance operational capabilities through continuous technological innovation and expanding its portfolio of new products globally.

The domestic home appliance market is almost saturated and companies need to find new growth drivers, said Liang Zhenpeng, an independent consumer electronics analyst.

"Expansion into overseas markets could not only relieve the pressure of high inventories in the domestic market, but also increase the international influence of Chinese home appliance brands," Liang said.

Establishing global production bases will not only bring China's advanced manufacturing, R&D as well as management capabilities to overseas markets, but also create job opportunities for locals and enhance the competitiveness of Chinese enterprises in the global market, he added.

Pan Jun, a visiting professor at Donghua University in Shanghai, said the demand for small household appliance products in different countries varies due to people's different living habits and culinary traditions.

Pan said Chinese home appliance makers should capture the changes in consumption trends, attach great importance to products' R&D, and pour more resources into technological innovation in order to enhance the core competitiveness of enterprises on the global stage.

The rise in overseas orders of such appliances has also reflected the robust recovery of China's economy, and the country's home appliance sector is picking up growth momentum, industry experts said.

China has become the world's largest manufacturing base for home appliances, accounting for 60 to 70 percent of global production capacity, said Li Ting, research director of the kitchen appliances department at Beijing-based market consultancy All View Cloud.

Overseas consumers have shown growing demand for China-made diversified, personalized and customized home appliances and are keen on buying intelligent and high-quality goods, Li said, adding she is bullish on prospects for Chinese home appliance makers in the future.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 麻豆剧场| 欧美一级特黄特黄做受 | 在线播放亚洲美女视频网站 | 精品视频在线观看视频免费视频 | 精品一区二区三区在线观看 | 免费一级毛片在线视频观看 | 欧美大黄特黄一级毛片 | 成人国产永久福利看片 | 欧美成人观看免费完全 | 日韩在线手机看片免费看 | 伊人久久综合网站 | 福利视频在线播放 | 成人黄色视屏 | 国产又黄又潮娇喘视频免费 | 中文字幕永久在线视频 | 色播视频在线观看免费 | 一级一级一片免费 | 欧美在线观看日韩欧美在线观看 | 免费黄毛片 | 久草手机视频在线观看 | 国产美女91视频 | 日本黄色免费观看 | 一区二区高清视频在线观看 | 黄色骚片 | 国产精品深夜福利免费观看 | 国产在线高清一级毛片 | 日日摸夜夜添夜夜添欧美毛片 | 美女一级毛片免费不卡视频 | 爱爱网网站免费观看 | 有色影院 | 91精品国产综合久久婷婷 | 国产伦精品一区二区三区免费观看 | 男生j桶进女人p又色又爽又黄 | 国产亚洲精品久久久久久牛牛 | 又爽又刺激的欧美毛片 | 亚洲第五色综合网 | 日韩中文字幕第一页 | 国产精彩对白综合视频 | 国产极品精频在线观看 | 狼色视频在线观看 | 特黄特黄|