According to CICC research report, that the recovery of home appliance consumption is an irresistible trend, but the consumption may experience ups and downs in the short term. Specifically, the consumption in the fourth quarter of 2022 in unlikely to usher in substantial recovery with an increasing number of people quarantined at home due to covid infection, while the production end has kicked off the off-season. The home appliance demand in China is expected to bottom out in the next 3-6 months.
CICC: Chinese Home Appliance Demand Likely to Bottom out in 3-6 Months
- Dec 28, 2022, at 1:20 pm
According to CICC research report, that the recovery of home appliance consumption is an irresistible trend, but the consumption may experience ups and downs in the short term.
