[Report Name] China's Home Appliance Market Report in the First Half of 2019
[Issuing Organization] China Electronics and Information Industry Development Institute
[Expression] Text analysis, data comparison, statistical chart
[Release time] July 2019
[Release Location] Beijing
[Official Website] taiwanancestry.com
On July 29, the China Electronics and Information Industry Development Institute released the "Report on China's Home Appliance Market in the First Half of 2019" (hereinafter referred to as the "Report") in Beijing. The "Report" shows that from January to June 2019, China's home appliance industry operated steadily and made steady progress, with both production and sales higher than the same period last year. Among them, the domestic sales further expanded, and the total domestic market retail sales reached 429.7 billion yuan. The "Report" shows that the contribution rate of online channels to home appliance sales has further increased, exceeding 40% for the first time, an increase of 7.5 percentage points from the same period last year; e-commerce has occupied two and a half seats in the top three home appliance retail channels, of which Jingdong O2O retail giant Suning Tesco ranked second with a share of 22.7%, and ranked second with a share of 21.1%. Tmall ranked third with a share of 10.1%. An Hui, deputy chief engineer of China Electronics and Information Industry Development Research Institute, said that driven by two factors, consumer upgrade and consumer sink, the home appliance market in the first half of 2019 showed strong market resilience.