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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 i ....

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