Food & Beverage

Analysis on Consumer Survey of Edible Vegetable Oil in China

Consumer satisfaction of edible oil industry is relatively stable, which indicates that quality and safety of edible oil industry are stable and satisfactory from the perspective of consumers. According to research datum, brand images and perception quality have large effects on consumer satisfaction whereas perception value has small effect on satisfaction. In 2016, edible oil industry consumer satisfaction basically keeps the same as the past years. “Safe and clean package” is the highest rated item by interviewees of edible oil while “cooking fumes” is the lowest one. 44% of interviewees…

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Industry Analysis

Analysis on Brands and Market Size of Skin Care Products

Asia Pacific is the world’s largest cosmetic market followed by Western Europe, North America and Latin America. Demands for skin care products, hair care articles and cosmetics are still the largest in all cosmetic types. Global market size of skin care products was EUR 64.62 billion in 2015, accounting for 36.1% of the overall cosmetic market; that of hair care articles was EUR 40.99 billion, accounting for 22.9%; that of cosmetics was EUR 30.97 billion, accounting for 17.3%; that of perfume was EUR21.84 billion, accounting for 12.2%. Multinational corporations still…

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Automobile

Top 10 Producers in China’s Passenger Vehicle Industry by Sales Volume, 2016

Sales Volume Ranking of Top 10 Chinese Passenger Vehicle Producers, 2016 (10,000 cars) Ranking Enterprises Sales Volume 1 SAIC Motor 221.89 2 Changan Automobile 135.41 3 Great Wall Automobile 96.89 4 DongFeng Automobile 89.64 5 BAIC Motor 87.39 6 Geely Auto 79.92 7 Chery Automobile 61.13 8 BYD 49.66 9 Guangzhou Automobile 37.62 10 JAC Motors 36.73 Total Sales Volume of Top 10 Producers 896.28 Total Sales Volume of Chinese Producers 1052.86 Proportion of Chinese Brands 85.13 Source: Internet   References: China Passenger Vehicle Industry Overview, 2017-2021 In 2016, the…

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Telecoms & Computing

Cross-border e-commerce, a boost for China’s economic boom

By Rabi Sankar BOSU It’s no secret that cross-border e-commerce (hereafter CBEC) has been escalating at a remarkable pace in China in recent years, thanks to a higher standard of living in China combined with a greater exposure to, and knowledge of, foreign products and of course, convenience of online retail. The size and growth figure of the Chinese e-commerce market make every entrepreneur’s mouth water. It’s really an encouraging fact for China’s booming e-commerce industry that China will become the world’s largest market for buying and selling products online…

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Food & Beverage

Development Trend of China Swine Feed Industry

Feed industry is a highly-marketized industry with huge market and provides development opportunities for numerous SMEs. Meanwhile, with high marketization and transparency, it prompts many leading enterprises. In 2011, national production volume of industrial feed was 181 million tons, up by 11.70% YOY and its overall scale ranking the first in the globe. In 2015, national production volume of feed exceeded 200 million tons, up by 23.50% from 2010. In feed industry plan in the thirteenth Five-Year Plan, it explicates that the target production volume of feed industry is 220…

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Food & Beverage

Analysis on Status Quo and Sales Channels of Milk Powder Market in China

Market size of infant milk powder was CNY 28.3 billion in 2009 and reached CNY 80 billion in 2015 at an annual growth rate of 19%. Sales volume of milk powder declined in 2016 for population born in 2015 decreased by 370,000 YOY. It is estimated that market size of milk powder will be CNY 86.4 billion, up by 8% YOY. Foreign-funded brands cover large market share, and the concentration rate grows. In recent years, many foreign-funded brands have entered in China, sales value of which far exceeds that of…

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Medical Healthcare

Analysis on In-vitro Diagnostic (IVD) Reagent Industry in China, 2017

Global sales volume of medical technology (including medical apparatus and instruments, diagnostic products) will reach USD 440 billion with a growth rate of 4.4% by 2018. IVD industry holds the largest market share among all subdivided industries. It is estimated that the market share of IVD industry will reach USD 54.5 billion, accounting for 12.4% of the whole market. China’s IVD market will grow 10% in 5 years and its size will exceed USD 10 billion. However, imported instruments and reagents account for over 50% of domestic IVD market. As…

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Food & Beverage

Analysis on Pork Output and Import Volume and Pig Slaughter Volume

China is the largest pork consumer in the world. International pork producers providing better pork at lower cost aim at China’s pork market, for there are a large number of pork consumers and domestic pork prices have no advantage. Import volume of pork soared since 2016. According to statistics from China Customs, total import volume of pork reached 1,620,000 tons and increased by 108% YOY in 2016, hitting a record high. Annual pork consumption is above 50 million tons in China. Demand for hogs varies as season changes. Generally speaking,…

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Food & Beverage

Fruit Market Size Will Reach CNY 3,240 Billion by 2024 in China

Fruit production is unevenly distributed in the world. In terms of fruit production volume, Asia ranks the first, accounting for 46.0% of the total and America ranks the second, accounting for 25.3%. Fruit planting area and output volume grow steadily in China while the import and export deficit shrinks. Fruit planting area increased from 8,932,000 hectares in 2000 to 12,816,000 hectares in 2015 with the CAGR of 2.44%, showing a steady growth trend. Total output volume increased from 214 million tons in 2010 to 274 million tons in 2015 with…

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Telecoms & Computing

China’s Trade Size of Cross-border E-commerce Expected to be CNY 880 Million

In 2016, China’s trade size of cross-border e-commerce reached CNY 6,300 billion, twice as much as that in 2013, and cross-border online shoppers were 41 million. It is estimated that trade size of cross-border e-commerce in China will be CNY 8,800 billion and cross-border online shoppers are to be 74 million in 2018. Due to domestic consumers’ growing attention on quality, the trend of cross-border online shopping has gradually expanded from maternal and children supplies to all categories including beauty products and cosmetics, digital devices, general merchandise, clothes, bags and…

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