What is the development trend of China’s kitchenware industry?
The development of information technology has brought opportunities and challenges to enterprises. In terms of opportunities, information technology can help optimize business processes. Reduce management costs and gain an advantage in the competition.
The product structure evolves in the direction of beauty, fashion, environmental protection and low energy consumption. Low value-added products must continue to withstand the impact of the domestic industry and deeper competition.
Changes are brewing in distribution channels. With the rise of the home appliance chain industry in recent years, it has become an important channel for the current home appliance industry sales. However, due to the high entry cost and operating cost of home appliance chain stores, existing manufacturers are looking for other ways. Such as entering the building materials city and the overall kitchen showroom.
In the future, the competition in the kitchenware market will be more intense, and the entire industry has entered a stage of reshuffling. But most companies are small and struggling. The lucrative profits have made some large home appliance companies begin to grab the kitchen and bathroom market. Make the competition quickly escalate across the country. In particular, many multinational companies are making a comeback with their advantages in technology, brand and marketing. Make the domestic kitchen utensils competition more intensified.
With the rapid and steady growth of China’s national economy, the housing needs of urban residents have undergone major changes. It has greatly stimulated the development of related industries, including kitchen utensils. At the same time, the vast rural market needs to be developed, coupled with the needs of urban residents to upgrade. The demand for kitchen utensils will maintain a steady growth momentum.