China is one of the world’s most dynamic and largest telecom markets, not just because of its huge population but also due to the rapid growth of its digitalisation and consumption. The Asian superpower already has the world’s highest number of Internet users and is the dominant smartphone market globally by sales. Additionally, China saw the strongest annual
real rise in telecom revenues in 2012 and will see the highest real growth in consumer expenditure of all G20 countries over 2013-2020.
In 2022, major appliances volume sales declined by 2% compared to 2021. Yet, the industry continues to evolve and adapt to the current reality. Emerging…
View ReportAfter falling for two years, Asia Pacific sales of small appliances recorded positive, albeit very modest, growth in 2022, with the dynamic Indian market…
View ReportChina’s struggles with the Omicron variant across much of the year meant that sales of major appliances declined in 2022, resulting in slightly negative growth…
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