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Following China’s economic growth and the abolition of the one-child policy, parents are now more serene when it comes to starting a family. Thanks to the global rise in terms of wages, Chinese parents have now more purchasing power than before and are ready to invest as much as they can for their offspring. Thus,…
China is a rapidly growing market for wine consumption, as consumers adapt to Western drinking culture. China is among the most lucrative and fragmented markets in the world. It is the third-largest market for red wine consumption in the world. Thanks to its lower alcohol content and perceived wholesomeness, wine is increasingly appreciated by Chinese…
The improving level of health awareness is generating growth in medical device sales in China and therefore also increasing the popularity of massage equipment brands. As people start earning more money in developing countries, they start spending it on themselves, improving their quality of life. Many of them spend long hours in a sitten position,…
The demand for imported beef in China is predicted to be strong. In 2021, China imported about 2.3 million tons of beef, about 10 percent more than in the previous year. China’s beef imports have grown almost 15 times in the past five years. The increasing strength of beef imports in China is reflecting the growing imbalance…
With the relaxation of the one-child policy and the premiumization across consumer goods, china’s baby care market is considered one of the most attractive in personal care. Chinese parents are spending more and more on their children, contributing to significant market growth in the sector and rising demand for domestic and foreign brands selling good…
China is a giant market for OTC drugs products , most of these Pharma firms have introduced health consumer brands. These OTC drugs products are being advertised alongside pharmaceuticals on Chinese television and satellite channels in the past, but it is via e-Commerce that EVERYTHING Is sold today. Tmall Global, JD Global and all cross…
Although China was always perceived as a tea market, coffee is becoming very trendy among young consumers in the country. Coffee drinking culture copied from the Western lifestyle results in Shanghai being the most cafe-crowded city. In 2021 the city beat Tokyo and London, placing itself in the first position for the biggest amount of…
As the Chinese younger generation is living faster lives, domestic and Western ready meals and ready-to-cook dishes are becoming extremely popular in China. Young consumers buy ready-made food to take to work, to the gym, or to give kids lunch at school. With the immense workload, young Chinese people don’t have time or resources (many…
China’s jewelry market is booming, presenting huge opportunities for foreign brands. According to a Statista report, the Chinese jewelry market is expected to reach a value of $865 billion by 2026, up from $116 billion in 2016. The growth of China’s middle and upper class and digitalisation is one of the main forces contributing to…
It’s not a secret that China has been grappling with a major obesity issue in recent years. A lack of exercise and an over-reliance on unhealthy foods have resulted in millions of Chinese people being overweight or obese. To help China’s health problems, the Chinese government introduced several initiatives to improve general health in the…
The final target is to sell in China, but please take 3min to read this article. China’s cosmetics market continues to rise at a fast tempo in tandem with the quick advancement in the Chinese financial state in recent years. Fast development in China’s cosmetics retail market In recent years, China’s cosmetic market has been…
Considered for a long time a giant manufacturer and exporter of furniture, China is now also one of the biggest importers in the world in terms of foreign furniture. With China’s economic development, Chinese consumers now have more purchasing power than before, owing to a global increase in wages. They are ready to invest more…
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