The Chinese Pet Market
Latest trends, consumer insights, and growth opportunities of the Chinese pet market.
Latest trends, consumer insights, and growth opportunities of the Chinese pet market.
The latest trends and market insights for the coffee industry in China.
Essential Chinese industry trends to keep an eye on in 2023.
1. The Chinese Mainland luxury market with continuous and moderate growth According to Bain & Company, the overall luxury market in Chinese Mainland is booming in 2021, with the personal luxury market doubling in size compared to 2019. After achieving 48% growth in 2020, the Chinese mainland luxury market is expected to achieve 36% growth for the full year 2021, reaching nearly RMB 471 billion ($74billion). The growth rate differs greatly among brands, ranging from 10% to 70%. The growth…
1. The fitness boom has arrived in China! China is all about sports, not least because of the Winter Olympics in February 2022. Social networks, e-commerce and the Chinese government are driving the fitness boom in China. At the forefront: influencers like Liu Genghong, who offers the Chinese an online workout at home via livestream. The trend is reflected in statistics such as the total production value of the sports industry. The number of gyms in China has increased dramatically…
Green China Climate change is a threat to the entire world. While the trend of a sustainable lifestyle is becoming more and more important, this is also the case in China. Environmental protection in China is becoming cool and fashionable. More than 90% of Chinese respondents recognize the value of environmental protection and sustainable development. This figure is also reflected in the purchasing and consumption behavior of many Chinese. More and more consumers are paying attention to using products frequently and sustainably.…