Market China
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Read information about the Chinese Market, trends of consumption and companies analysis on the Market China blog.
Market China
6M ago
Look at this video first to understand your challenges hehe.
China, with its dynamic economy and evolving consumer base, has long been recognized as a powerhouse in the global fashion and cosmetics industry. As its middle class grows, so does its appetite for luxury, trends, and new-age beauty products. However, what truly sets China apart in recent years is its transformative advertising landscape, shaped by technology, culture, and a new generation of consumers. In this blog post, we'll delve into the current state of fashion and cosmetics consumption in China and explore th ..read more
Market China
9M ago
In 2023, Australian brands have established a strong presence in China, marking a significant milestone in Australia's economic and trade relations with the country. These brands span various sectors, including food and beverages, fashion, beauty, health, and education, each carving out a unique position in the vast and diverse Chinese market. This essay will explore the trajectory of Australian brands in China, their marketing and growth strategies, and notable success stories.
Asutralia China's burgeoning middle class
The initial interest in Australian brands in China can be traced back to ..read more
Market China
1y ago
Thanks to the government's flexible policies and the efforts of companies to expand their export markets, the country's foreign trade showed impressive growth last year, exceeding 700 billion USD for the first time.
700 billion USD
In 2022, the import-export value of goods reached 732.5 billion USD, up 9.5% compared to 2021, informed Nguyên Thi Huong, head of the General Statistics Office.
It is just insame , the business in China
Exports amounted to 371.85 billion USD, and imports, 360.65 billion, up 10.6% and 8.4% respectively year-on-year. As a result, the trade balance in 20 ..read more
Market China
1y ago
The Chinese Hats & Caps market value is HUGE
The market's value is the most important thing to consider when you are looking to enter a market. How important is the market? Is it big enough to support so many other competitors? Statista estimates that the Chinese caps and hats market will reach 6.63 billion USD in 2022. Comparable to the worldwide hats & caps market of 25.87 billion USD. The Chinese market currently takes 25.6% global hats & caps market.
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China's Hats & Caps Market: Men, Women and Children
Who is the primary audience for hat products ..read more
Market China
1y ago
The values of the luxury sector are once again displayed in the very best places of the charts of increases this Friday morning. LVMH, Hermès International and Kering rose by 2 to 3.1%, with a strong influence on the 0.8% rise in the Cac 40 given their significant weight in the flagship index.
China is the future of luxury according to Boston Consulting Group
There is still talk in the markets of a potential exit from China's zero Covid policy, the same rumor as a few days ago. “What we assume is that [the country] will model its reopening on the model of Hong Kong”, indicated this ..read more
Market China
1y ago
How to meet Chinese distributors?
Chinese distributors are a great option for brands looking to enter the Chinese market. They have an in-depth knowledge of the market and can help you connect with the right buyers. Chinese distributors also have the ability to expand your reach beyond China, making them a valuable asset to any brand looking to expand their business in Asia.
How to find Chinese distributors for your brand
When building a network of Chinese distributors for your brand, there are a few things to keep in mind. First, it is important to understand the differences between distri ..read more
Market China
1y ago
What are the Top 10 Most Fashionable Watches in China in 2022?
Despite the decline in economic growth, the Chinese watch market is booming. More and more well-to-do young Chinese are turning their attention to luxury watches, for their prestige and the recognition they grant them. The big brands have understood this and are setting out to conquer the Chinese market. The second largest economy in the world can also boast of its know-how in the production of watches: 25 to 30% of watches are produced in China and Chinese components have been used for a long time in watches bearing the Swiss d ..read more
Market China
1y ago
The least we can say is that fitness has gone global. However, the inhabitants of each country have their own way of indulging in a good session.
Brazilians prefer sport by the sea, Europeans practice sport more at home by equipping themselves with the good old treadmill, a Tacx home trainer or an elliptical trainer.
What about the Chinese?
Fitness in China: 5 things to know 1- The development of fitness in China is recent
While the American and European sports industries have developed since the late 1950s, the Chinese industry is young. Indeed, the Chinese did not make their ..read more
Market China
1y ago
Kids’ Fashion in China
The Chinese fashion market for kids is huge. There are a lot of different brands, colors, and styles to choose from. The prices are also very reasonable, especially for younger children.
One of the best things about Chinese fashion for kids is that there are so many different brands to choose from. You can find everything from stylish high-street stores to more unique and niche brands which cater specifically to children’s interests and needs.
And even if you can’t find what you’re looking for in traditional stores, there are always online shops where you can pu ..read more
Market China
1y ago
China's UHNWIS
Ultra-rich locals who are wealthy and demand high-level craftsmanship and quality – are there to welcome you. Amrita Banta is Managing Director of Agility Research and Strategy. She observed that UHNWIs in China are more resilient than wealthy people due to their high wealth. They are the last to feel the effects of an economic crisis.
The number of billionaires in China is growing faster than that of the United States. This means that the socio-cultural landscape of China is changing. For the third consecutive year, China is the top country on the 2022 Hurun Global Wealth List ..read more