The Economics of Small Kitchen Appliances

Have you notices how home appliances have become smaller in size in recent years? Read here.

Excerpt:

"...Although many foreign brands are active in China’s small kitchen appliances market (especially Western-style small appliances market), most of them only have market recognition and high quality, but not much market share, except some leading companies. In terms of penetration rate, induction cooker, microwave, soy milk maker, electric saucepan and oven rank top, but some new product types that have very small market size, such as food processor, yogurt maker, break maker, air fryer and coffee maker, are emerging, especially Western-style products. They represent the new consumers goods that cater to people’s needs for higher life quality. .."

Copyright: © Zachary Kanin via CartoonStock