Market Insight

China’s inverterised white-goods market will retain growth

March 23, 2017  | Subscribers Only

Horse Liu Horse Liu Principal Analyst, Table & Notebook PC
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China's inverterised white-goods markets are at growing phase. The domestic markets for inverterised refrigerators, washing machines, and microwave ovens will experience rapid growth in shipment volumes with compound annual growth rates (CAGR) over 15% from 2016 to 2021. Concurrently, within the same period, the domestic market for inverterised room air conditioners will register moderate volume growth of 6.7% CAGR due to higher level of penetration. 

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