Posted April 6th, 2021 for Market Research
According to Renub Research analysis, China Home Appliance Market is forecasted to be more than US$ 130 Billion by the end of year 2026.
Bucharest, Bucuresti, Romania., April 6, 2021 - /PressReleasePoint/ - According to the latest report by Renub Research, titled China Home Appliances Market by Products (Refrigerators, Freezers, Dishwashing & Washing Machine, Cookers & Ovens, Vacuum Cleaners) by Distribution Channels, and Companies Home Appliance Market in China is growing rapidly and is the fastest-growing market in the world. This growth is due to rising disposable incomes, urbanization, product mix rebalancing, and increased white goods consumption in rural areas. China has a competitive advantage in the industry because it has more modern technology and is comparatively cheaper, adding value to its exports. More advanced innovation and easy access to crude material at fair prices are driving the home appliance market in China.
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SAN FRANCISCO, Jan. 20, 2021 /PRNewswire/ The global UV sanitizer travel wand market size is anticipated
to reach USD 209.9 million by 2027, according to a new report by Grand View Research, Inc.,
expanding at a CAGR of 12.6% from 2020 to 2027. The increasing rate of infectious diseases in hospitals, low power consumption, and ease of portability for cleaning small objects in the home and commercial spaces are major factors driving the product demand. Increasing usage of the product in order to prevent cross-contamination and reduce pathogens, bacteria, and germs on objects is acting as a major driver for the market.
Covid-19 Impact on Consumer Electronics and Home Appliances Market Global Segmentation and Major Players Analysis 2026 newyorktelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newyorktelegraph.com Daily Mail and Mail on Sunday newspapers.