China's Range Hood Industry Development Status and Future

Range Hood Industry Development Status in China

Chinese range hood industry maintains stable production growth after the financial crisis, the domestic production of range hoods in 2010 has returned to a more rapid growth from January to August this year, the total production reached 11.69 million units, a year-on-year growth rate of 27.7%; domestic range hoods market scale is expanding steadily in recent years and it maintained a fast growth rate, the expected annual growth rate in 2010 may exceed 20%; the range hood exports tends to rise after the decline in 2008 and the range hood exports in 2009 maintained a stable growth; range hood market structure analysis Class structure look at the comparison of the data from the past few years, the flat top cover and deep structure accounted show a downward trend near-priming maintained rapid growth; range hood retail price Overall, the retail price of the range hood maintains a steady rise, but people that want to .htmbuy range hooda are more care about this, so this is not a very good thing.

Range Hood Industry's Future Development

After nearly 30 years of development, wall mount range hooda products have become the kitchen renovated necessities, it has more and more becomes the most important and place that can best embody the design in kitchen renovation. Range hood industry also has become a more mature industry. Range hood industry is facing a rare opportunity, but also faces enormous challenges. Opportunities faced the macroeconomic environment in China is getting better and better, and create a favorable external environment for the development of the industry of the range hood. China's economy has maintained a stable growth the economy maintains 8% growth in 2010 is not a problem, and the future of China's economy will continue to maintain a growing momentum. Keep booming of real estate industry will maintain a healthier and sustainable development under the national macro-control policies. National policy to stimulate the consumption of home appliances can further promote the development of the range hood industry, such as home appliances to the countryside.

Challenges for Range Hood Industry

There are many uncertain factors in China's external economic environment. The foundation of the world economic recovery is still fragile, and financial risks have not completely eliminated, countries stimulus opting out is difficult. And the global economic integration and the turmoil in the world economy are likely to cause fluctuations in the Chinese economy. Faced with the pressure of the appreciation of the RMB, large domestic inflation, expensive raw materials and rising labor costs, there is great pressure on the cost of the product. Facing the fierce competition, part of the brand will be phased out. The degree of industry brand concentration is low.

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