What is the status of China’s kitchen utensils industry?
From the 1980s, it has developed in just 20 years. The kitchenware industry has become a sunrise industry. Entering a stage of qualitative change from rapid growth to gradual maturity.
There are about 1.3 billion people in China, and kitchen utensils are a necessary household necessities. The market space is extremely huge. The sales volume of China’s kitchenware market is increasing at a rate of 35%.
In 2006, all household kitchen appliances manufacturing enterprises above designated size in China achieved a total industrial output value of 71,223,029 thousand yuan. An increase of 27.71% over the same period in 2005. The accumulated product sales revenue for the year was RMB 66,504,844,000. An increase of 21.61% over the same period in 2005. By the end of December 2006, there were 489 enterprises above designated size in the whole industry.
In 2007, all household kitchen appliance manufacturing enterprises above designated size in China achieved a total industrial output value of RMB 11,075,322,000. An increase of 33.88% over the same period in 2006. From January to February of 2007, the accumulated product sales income was RMB 10,060,189 thousand. An increase of 26.12% over the same period in 2006. From January to February 2007, the total accumulated profit was RMB 153,462 thousand. An increase of 27.17% over the same period in 2006. By the end of February 2007, there were 528 enterprises above designated size in the whole industry.
From January to October 2008, all household kitchen appliance manufacturing enterprises above designated size in China achieved a total industrial output value of RMB 11,075,322,000. An increase of 33.88% over the same period in 2007.
