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Consumer Confidence in China decreased to 87.50 points in March from 88.40 points in February of 2025. This dataset provides - China Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2024, the total retail sales of the consumer goods industry in China amounted to approximately 48.8 trillion yuan. Retail sales in urban areas totaled 42.1 trillion yuan, whereas sales in rural China amounted to 6.67 trillion yuan.
In March 2025, the index for consumer confidence in China ranged at 87.5 points, down from 88.4 points in the previous month. The index dropped considerably in the first half of 2022 and performed a sideways movement during 2023 and 2024. Consumer confidence Index The consumer confidence index (CCI), also called Index of Consumer Sentiment (ICS) is a commonly used indicator to measure the degree of economic optimism among consumers. Based on information about saving and spending activities of consumers, changes in business climate and future spending behavior are being projected. The CCI plays an important role for investors, retailers, and manufacturers in their decision-making processes. However, measurement of consumer confidence varies strongly from country to country. As consumers need time to react to economic changes, the CCI tends to lag behind other indicators like the consumer price index (CPI) and the producer price index (PPI). Development in China As shown by the graph at hand, confidence among Chinese consumers picked up since mid of 2016. In October 2017, the CCI hit a record value of 127.6 index points and entered into a sideward movement. Owing to a relative stability in GDP growth, a low unemployment rate, and a steady development of disposable household income, Chinese consumers gained more confidence in the state of the national economy. Those factors also contribute to the consumers’ spending power, which was reflected by a larger share of consumption in China’s GDP. After the outbreak of the coronavirus pandemic, consumer confidence dropped quickly in the beginning of 2020, but started to recover in the second half of the year, leading to a v-shaped movement of the index in 2020.
The revenue is forecast to experience significant growth in all segments in 2030. As part of the positive trend, the revenue achieves the maximum value across all ten different segments by the end of the comparison period. Notably, the segment Bread & Cereal Products stands out with the highest value of 447.11 billion U.S. dollars. Find further statistics on other topics such as a comparison of the average revenue per capita in Israel and a comparison of the revenue in Russia. The Statista Market Insights cover a broad range of additional markets.
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Consumer Price Index CPI in China increased to 103.20 points in April from 103.10 points in March of 2025. This dataset provides - China Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Upon thorough business-to-consumer e-commerce market in china analysis and research, the following factors has been identified as the critical market trends during the forecast period 2020-2024:
Easy payment options
The business-to-consumer e-commerce market in china report also provides several other key information including:
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive business-to-consumer e-commerce market in china growth during the next five years
Precise estimation of the business-to-consumer e-commerce market in china size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the business-to-consumer e-commerce market in china industry across APAC and China
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of business-to-consumer e-commerce market in china vendors
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The business-to-consumer e-commerce market in china analysis report provides a comprehensive analysis of the market with information such as the potential to grow by $ 3851.34 bn during 2020-2024, and the market’s growth momentum will decelerate at a CAGR of 31%.
With a detailed analysis of the vendors, this report helps established and new market players to have a keen understanding of their competitors and plan their strategies accordingly. To gain more insights on vendor strategies request a sample of the report.
The revenue in the consumer electronics market in China was forecast to continuously increase between 2024 and 2029 by in total 42.1 billion U.S. dollars (+21.19 percent). After the fifth consecutive increasing year, the indicator is estimated to reach 240.6 billion U.S. dollars and therefore a new peak in 2029. Find more information concerning the Philippines and Indonesia. The Statista Market Insights cover a broad range of additional markets.
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The China e-commerce market, a colossal force in the global digital economy, is projected to reach a staggering value, demonstrating robust growth. Driven by factors such as increasing internet and smartphone penetration, rising disposable incomes, and a burgeoning middle class, the sector has experienced consistent expansion. The convenience of online shopping, coupled with the extensive reach of platforms like Alibaba, JD.com, and Pinduoduo, has fueled this growth. Specific segments like beauty and personal care, fashion and apparel, and consumer electronics are particularly vibrant, reflecting the evolving consumption patterns of Chinese consumers. While logistical challenges and regulatory changes might pose minor restraints, the overall market trajectory remains positive, indicating significant opportunities for both established players and emerging businesses. The B2B e-commerce segment also shows substantial potential, driven by increasing digitalization within businesses and supply chains. The forecast period, extending to 2033, expects a continued CAGR of approximately 10%, indicating a sustained and substantial increase in market value. This growth will likely be fueled by technological innovations within the sector, further enhancing consumer experience and expanding market reach. The continued adoption of mobile e-commerce and the rise of livestreaming commerce are expected to significantly impact the sector's evolution. The competitive landscape is dominated by major players like Alibaba and JD.com, yet opportunities exist for smaller, specialized e-commerce companies to carve out niches. Growth is not uniform across all segments; for example, the food and beverage sector, while showing growth, may face challenges related to logistics and food safety regulations. Regional variations also exist, with coastal regions generally exhibiting higher penetration rates compared to less developed inland areas. Sustained investment in infrastructure, particularly in logistics and payment systems, will be crucial in supporting the continued expansion of the e-commerce industry throughout China and ensuring its continued success in the global market. The diversification of offerings and the continued focus on customer experience will be key differentiators for success in this increasingly competitive landscape. Recent developments include: July 2024: NextPlat Corp, a global e-commerce entity, unveiled its e-commerce development initiative in China. This was realized through collaboration with a Chinese firm specializing in marketing and distributing healthcare and nutritional products. The newly onboarded marketing partner is expected to furnish NextPlat with a comprehensive suite of services, from creative content creation to brand marketing and product sales to distribution. Moreover, this partnership is expected to bolster NextPlat's existing joint e-commerce venture with OPKO Health Europe, an OPKO Health, Inc. subsidiary., June 2024: Amazon announced the upcoming launch of a dedicated section on its platform, focusing on affordable fashion and lifestyle products. This will enable Chinese vendors to ship their goods directly to consumers in the US. This exclusive conference for Chinese sellers marked Amazon's move as a strategy to combat rising competition from emerging e-commerce players Temu and Shein.. Key drivers for this market are: Livestream E-commerce to drive the Market, Growing Penetration of Online Shoppers to Boost the E-commerce Market. Potential restraints include: Livestream E-commerce to drive the Market, Growing Penetration of Online Shoppers to Boost the E-commerce Market. Notable trends are: B2B E-commerce is Expected to Witness Growth.
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The global bone china market size is projected to grow significantly from approximately USD 2.5 billion in 2023 to an estimated USD 4.7 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 7%. The market's expansion is driven by various growth factors, including increasing consumer preference for aesthetically pleasing and durable tableware, the rising disposable income worldwide, and the growing trend of hosting formal events at home. These trends are evident across both developed and emerging markets, where bone china products are often associated with luxury and refined dining experiences.
One of the primary growth factors for the bone china market is the rising consumer inclination towards premium and luxury dining experiences. As disposable income continues to rise, especially in emerging economies, consumers are becoming more willing to invest in high-quality tableware that enhances their dining experience. Bone china, known for its high strength, translucency, and aesthetic appeal, is increasingly favored over other types of dinnerware. Moreover, growing urbanization and the expansion of the middle class are contributing to an upsurge in demand for sophisticated homeware, including bone china, which is seen as a symbol of status and elegance.
The increasing popularity of home dining and formal home gatherings is also accelerating the demand for bone china products. More people are choosing to entertain guests at home, leading to a higher need for elegant and appealing tableware. Additionally, the proliferation of social media and the influence of lifestyle bloggers have spotlighted home aesthetics, including dining setups, further driving interest in premium bone china tableware. The advent of high-quality yet affordable bone china products has also made it more accessible to a broader range of consumers, thus expanding its market reach.
The commercial sector, particularly the hospitality industry, is another significant driver of the bone china market. Hotels, restaurants, and catering services are increasingly opting for bone china tableware to enhance the dining experience they offer to their customers. The durability and luxurious feel of bone china make it a preferred choice for establishments that aim to provide a high-end service experience. Furthermore, the trend of themed dining and the increasing focus on customer satisfaction and experience in the hospitality sector are prompting businesses to invest in quality tableware, including bone china.
Regionally, the Asia Pacific is expected to be a significant contributor to the growth of the bone china market. The region's expanding middle class and increasing urbanization are driving demand for luxury home goods. Additionally, cultural shifts towards more Western dining habits, especially in countries like China and India, are fueling demand for bone china products. North America and Europe, traditionally strong markets due to established consumer bases that appreciate high-quality tableware, continue to show steady growth. The Middle East & Africa and Latin America, while currently smaller markets, are showing potential for growth driven by increasing hospitality sector developments and a growing affluent class.
The product type segment of the bone china market is categorized into plates, cups, bowls, and others, with each category playing a unique role in consumer preferences. Plates represent a significant portion of the market share due to their universal appeal and necessity in formal dining settings. The demand for bone china plates is primarily driven by their aesthetic appeal and durability, which makes them a staple in both residential and commercial dining setups. As consumers become more design-conscious, manufacturers are offering plates in various designs and patterns to cater to diverse tastes and preferences.
Cups, another critical sub-segment within the product type category, are gaining popularity due to the growing trend of tea and coffee culture globally. Bone china cups are particularly favored for their fine quality and ability to retain heat, enhancing the consumer's drinking experience. The increasing number of boutique coffee shops and tea houses, especially in urban areas, has further boosted the demand for high-quality bone china cups. These establishments often prioritize a sophisticated customer experience, which includes serving beverages in premium tableware.
Bowls are essential in both household and commercial settings, often used for serving
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Explore the significant contraction in China's luxury market for 2024, with an 18% to 20% decline, as reported by Bain & Company. Discover the factors affecting sales and future growth prospects.
This statistic shows the transaction value of China's consumer goods retail market from 2011 to 2015. In 2015, the Chinese transaction volume of consumer goods retail amounted to around 30 trillion yuan, up from approximately 27 trillion yuan in the previous year.
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Consumer and Market Insights: Savory Snacks Market in China provides an overview of the market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. The report highlights innovative new product development that effectively targets the most pertinent consumer need states, and offers strategic recommendations to capitalize on evolving consumer landscapes. Read More
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The China e-commerce market, a dynamic and rapidly evolving landscape, is projected to experience substantial growth over the next decade. With a Compound Annual Growth Rate (CAGR) of 11.30% from 2019 to 2033, the market demonstrates significant potential. This robust growth is fueled by several key drivers. The increasing penetration of smartphones and internet access across China's vast population has broadened the e-commerce user base significantly. Furthermore, a burgeoning middle class with greater disposable income is driving higher consumer spending online. Favorable government policies supporting digitalization and technological advancements, such as improved logistics infrastructure and robust payment gateways (like Alipay and WeChat Pay), further contribute to market expansion. Competition remains fierce, with established giants like Alibaba, JD.com, and Pinduoduo vying for market share alongside newer players focusing on niche markets or innovative business models, such as Xiaohongshu's social commerce approach. While challenges exist, such as concerns about data privacy and counterfeiting, the overall trend indicates a consistently positive outlook for the Chinese e-commerce sector. The market segmentation by application, though unspecified, likely includes categories like B2C (business-to-consumer), C2C (consumer-to-consumer), and B2B (business-to-business), each contributing differently to the overall growth trajectory. The future of China's e-commerce industry hinges on adapting to evolving consumer preferences and technological innovations. Livestreaming commerce and personalized recommendations are shaping consumer behavior, pushing companies to invest in enhancing user experience and data analytics. The ongoing expansion into lower-tier cities and rural areas presents a substantial untapped market, requiring tailored strategies for logistics and payment solutions. The industry will also need to address challenges related to cybersecurity, maintaining consumer trust, and complying with increasingly stringent regulations. Despite these challenges, the continued economic growth of China and its rising digital literacy ensure that the e-commerce industry will maintain its upward trajectory, showcasing both opportunities and significant challenges for businesses operating within this dynamic sector. The projected market size for 2025, while not explicitly provided, can be reasonably estimated based on the historical data and CAGR, allowing for a comprehensive market forecast. Recent developments include: January 2022 - Major Chinese E-commerce company JD.com formed a strategic partnership with Ottawa-based Shopify to help global brands tap China's enormous appetite for imported goods and help Chinese merchants sell overseas. JD.com promises to simplify access and compliance for Chinese brands and merchants looking to reach consumers in Western markets through the partnership., April 2022 - SavMobi Technology, Inc., a Nevada corporation, signed a Memorandum of Understanding with Dalian Yuanmeng Media Co., Ltd, a company registered under the laws of the People's Republic of China. Under the MOU, Yuanmeng agreed to provide their client base to collaborate with SVMB to explore China's E-commerce market. The income sharing ratio will be fifty-fifty between both companies. The Company is currently operating in the provision of commercial mobile technical support services in China.. Key drivers for this market are: Livestream E-commerce to drive the Market, Growing Penetration of Online Shoppers to Boost the E-commerce Market. Potential restraints include: Budget Constraints and Technological Limitations, Regulatory and Legal Challenges. Notable trends are: Livestream E-commerce to drive the Market.
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In China, tomato products hold as much as 5% of total tomato consumption, whereas they account for one-third of U.S. consumption. There remains substantial room for a surge in tomato paste consumption, as globalization trends are changing Chinese consumer habits towards European and North American style.
The Other Consumer Electronics eCommerce market in Greater China is predicted to reach US$7,963.4m revenue by 2025, reflecting an estimated growth rate of 10% compared to 2024.
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Demand for store-own brands is growing at a faster pace than branded products in China, illustrating the need for products that offer value for money Read More
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The Study of Data Center Water Consumption in China Report is Segmented by Source of Water Procurement (Potable Water, Non-Potable Water, Other Alternate Sources), by Data Center Type (Enterprise, Colocation, Cloud Service Providers), and by Data Center Size (Mega, Massive, Large, Medium, Small). The Market Sizes and Forecasts are Provided in Terms of Volume (Billion Liters).
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The Spirits market in China is led by the Specialty Spirits category, while the Tequila & Mezcal category is forecast to register the fastest growth in value and volume terms during 2015-2020. Hypermarkets & Supermarkets is the leading distribution channel for Spirits in the country. LVMH Moët Hennessy Louis Vuitton S.A. and Grupo Cuervo are the leading players in the Chinese Spirits market. Read More
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China’s Bakery & Cereals market is the largest market worldwide by volume Quality is the primary driver of the Bakery & Cereals market, motivating over two-fifth of consumption Pre-Mid-Lifers are the key consumers of Bakery & Cereals products in China Chinese consumers select Bakery & Cereals based on their ability to meet life stage related needs. Read More
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Consumer Confidence in China decreased to 87.50 points in March from 88.40 points in February of 2025. This dataset provides - China Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.