Overview

IBISWorld’s Household Electrical Appliance Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

In 2017, revenue for the Household Electrical Appliance Manufacturing industry in China is expected to total $46.2 billion, up 6.8% from 2016. The industry has been growing steadily, with revenue increasing at an annualized rate of 9.8% in the past five years. In 2017, industry output is estimated at 607.9 million units of household electrical appliances.

Investment in research and development (R&D) has increased greatly in recent years, especially in terms of microwave oven and electric cooker manufacturing. With the market becoming more competitive, innovation has become increasingly important.

Local producers such as Robam, Vanward, Vatti, Macro and Midea manufacture most of the products in the domestic market...

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Industry Report - Industry Analysis Chapter

The Household Electrical Appliance Manufacturing industry in China has been developing strongly. With growing domestic demand and rapid technological advancements, competition is becoming more intense. As a result, industry revenue is forecast to increase 6.8% to $46.2 billion in 2017. Over the past five years, revenue has been growing 9.8% annually, driven by increasing disposable income and preferential government policies, such as energy-saving and rural resident home appliance subsidies.

In 2012, the industry entered rough waters. As China's real estate industry cooled down, so did sales of the industry's main products. Many operators such as Midea and Joyoung launched new high-end market products in order to stimulate purchases. And..

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Additional Insights for the Household Electrical Appliance Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Household Electrical Appliance Manufacturing Industry are

  • Economies of scale
  • Establishment of brand names
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Household Income and Industry Growth - Construction in the Household Electrical Appliance Manufacturing industry impact industry performance..

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    Industry Products

    What is the Household Electrical Appliance Manufacturing Industry?

    The industry includes companies that manufacture household electrical appliances such as cookers, water heaters, steamers, fryers, range hoods, food processors, and cleaning appliances. Industrial stoves and other industrial household appliances are not included in this industry.

    Industry Products
    Electric cookers
    Range hoods
    Baking utensils
    Microwave ovens
    Water dispensers
    Industry Activities
    Manufacturing kitchen ranges
    Manufacturing household water heaters
    Manufacturing induction cookers
    Manufacturing microwave ovens
    Manufacturing electric ovens

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Household Income
  • Industry Growth - Construction
  • Systems and Technology - by Industry
  • Industry Competition - Highlights
  • Domestic Goods Prices
  • Export Competition

  • Current Performance
  • Exports and imports
  • Chart: Revenue Growth

  • Industry Outlook
  • Exports and imports
  • Market channel trends
  • Table: Household Electrical Appliance Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Household Electrical Appliance Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Department Stores & Shopping Malls
  • Supermarkets
  • Home Appliance Stores
  • Online Shopping

  • Key Selling Industries
  • Electrical Equipment and Machinery Manufacturing
  • Iron & Steel Casting
  • Plastic Parts Manufacturing

  • Products & Services
  • Electric cookers
  • Range hoods
  • Baking utensils
  • Microwave ovens
  • Water dispensers
  • Other
  • Chart: Household Electrical Appliance Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Average household income levels
  • Product prices
  • Real estate development
  • Product innovation

  • Major Markets
  • Household appliance chain stores
  • Household electrical appliance dealers
  • Specialty stores
  • Other markets
  • Housing decoration enterprises
  • Exports
  • Chart: Major Market Segmentation for the Household Electrical Appliance Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Household Electrical Appliance Manufacturing

  • Basis of Competition
  • Product price
  • Technological development
  • Quality and brand
  • Distribution channels
  • Advertising and promotional events
  • After-sale service

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Household Electrical Appliance Manufacturing Industry

  • Industry Globalization
    Major Companies
    Midea GroupHangzhou Robam Appliance Co. Ltd.Guangdong Vanward New Electric Co. Ltd.Guangdong Macro Co. Ltd.Vatti Corp. Ltd.
  • Table: Midea Group - financial performance
  • Table: Hangzhou Robam Appliance Co. Ltd. - financial performance
  • Table: Guangdong Vanward New Electric Co. Ltd. - financial performance
  • Table: Guangdong Macro Co. Ltd. - financial performance
  • Table: Vatti Corp. Ltd. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Household Electrical Appliance Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Household Electrical Appliance Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Induction
  • A form of energy-efficient cooking technology that uses electromagnetic energy to transfer heat directly to a pot or pan more quickly than a gas or electric stove would.
  • Range Hood
  • Exhaust hood mounted over a kitchen range to remove smoke from cooking.
  • Tailless Electric Cookers
  • An electric cooker that uses wireless power transmission.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Household Electrical Appliance Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Household Electrical Appliance Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Household Electrical Appliance Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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