What is the future development trend of kitchen utensils industry?

From 2000 to now, the kitchenware industry has become a sunrise industry, entering a qualitative change stage from rapid growth to gradual maturity.
There are more than 1.3 billion people in China. Kitchen products, as household necessities, have a huge market space. The sales volume of kitchen product in China is increasing at a rate of 40%.
Nowadays, the market environment of kitchenware industry is undergoing great changes, especially after the economy enters the new normal development, the market structure of kitchenware industry will be rebuilt, so there are some new development trends in Chinese kitchenware enterprises.
01
The development of information technology brings opportunities and challenges to enterprises
From the perspective of opportunities, information technology can help to optimize enterprise processes, reduce management costs and gain advantages in competition. However, those enterprises that can not use information technology to improve the process are obviously in a weak position in the competition.
02
The product structure evolves in the direction of beauty, fashion, environmental protection and low energy consumption
Low value-added products must continue to withstand the impact of domestic industry and deeper competition. The circulation channel is brewing a change. With the rise of home appliance chain industry in recent years, it has become an important sales channel in the current household appliance industry. However, due to the high entry cost and operation cost of home appliance chain stores, existing manufacturers are looking for other ways, such as entering the building materials city and the overall kitchen exhibition hall. In the future, the kitchenwares market competition will be more intense, and the whole industry has come to the stage of reshuffle. Rich profits make some large household appliance enterprises also begin to seize the kitchen and bathroom market, so that the competition is rapidly upgraded in the whole country. In particular, many multinational companies have made a comeback with their advantages in technology, brand and marketing, which makes the competition of domestic kitchenware more intense. With the rapid and steady growth of China’s national economy, great changes have taken place in the housing demand of urban residents, which has played a great role in promoting the development of related industries, including kitchen utensils industry. At the same time, the vast rural market needs to be developed, coupled with the needs of urban residents to upgrade, the demand for kitchenware will maintain a steady growth momentum.

Guangzhou Long Prosper Industrial Co., Ltd is established in 2010, we are a professional manufacturer and exporter, specialized in the research, development and production of various of household kitchen products. The main products is including kitchen wares and dinner wares and  home appliance, such as cooking sets, knives sets, cutlery sets, dinner set, kitchen racks and grills, as well as all kinds of kitchen utensils and accessories…etc. All of our products comply with international quality standards and are greatly appreciated in a variety of different markets throughout the world.


Post time: Jul-30-2020

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