B2B drives market demand, with B2B spending representing 87.4% of total demand in 2020. Beijing Rongchang Technology Services Co Ltd is the largest company in China, generating 0.5% of the industry’s total turnover in 2020. The industry is fragmented, with the top one company generating 0.5% of total turnover in 2020. The total number of companies decreases in 2020, to 161,278 units. The costs of the industry increase by 3.3% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 20.4% of turnover in 2020, the 19th highest in the region. With turnover of USD9.2 billion, China accounts for 22.8% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Washing and Cleaning in China: ISIC 9301. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Washing and Cleaning in China: ISIC 9301 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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