Market Size statistics on the Market Research industry in China

The China e-commerce market reached a value of approximately USD 2.22 Trillion in 2024. The market is projected to grow at a CAGR of 8.90% between 2025 and 2034, reaching a value of around USD 5.21 Trillion by 2034.

The China Cybersecurity Market report segments the industry into By Offering (Solutions, Services), By Deployment Mode (Cloud, On-premise), By Organization Size (SMEs, Large Enterprises), and By End User (BFSI, Healthcare, IT and Telecom, Industrial & Defense, Retail, Energy and Utilities, Manufacturing, Others). Get five years of historical data alongside five-year market forecasts.

China's main stock market index, the SHANGHAI, rose to 3472 points on July 4, 2025, gaining 0.32% from the previous session. Over the past month, the index has climbed 2.61% and is up 17.71% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on July of 2025.

The IT Services industry in China has performed well over the past five years, due to the application of new technologies, like cloud computing, big data, AI and the Internet of Things. The growth in IT investment and of China's information sector has boosted industry demand. Industry revenue is expected to grow at an annualized 8.2% over the five years through 2025, to total $448.2 billion. This trend includes anticipated growth of 3.0% in the current year.Industry revenue increased slower in 2022, mainly because the aggravated COVID-19 epidemic in the year has led to delays in project delivery. Reduced budget from government customers also resulted in weaker industry demand, due to the large expenditures on the protection and control measures.Although the IT services industry in China is still relatively new, it has been expanding quickly. The Chinses Government attaches great importance on the development of information sector, which stimulated the demand for IT services. Strong government supports on digital economy and the construction of digital China have created a favorable condition for the development of the industry and will increase the demand for IT services.The industry's outsourcing and offshoring service segment experienced the stable growth over the past five years, boosted by government support. Industry exports will increase at an average rate of 4.5% in the five years to 2025. Exports as a share of industry revenue is expected to total 4.1% in 2025.Industry revenue is forecast to grow at an annualized 4.0% over the five years through 2030, to total $546.5 billion. The recovery of Chinese economy, the improvement of IT equipment and software technologies and the accelerated digital transformation in both government and private sectors are anticipated to remain the most important drivers for the industry's development. New technologies, like cloud computing, big data, AI and the Internet of Things, will also continue to motivate industry development.The industry is highly fragmented and has a low concentration level. The top four participants will jointly account for 2.1% of industry revenue in 2025. Industry concentration level is forecast to increase over the next five years, as large IT services firms acquire smaller local providers to gain market share in the growing small- and medium-sized business market segment.

The China fintech market size reached approximately USD 76.50 Billion in 2024. The market is further projected to grow at a CAGR of 18.30% between 2025 and 2034, reaching a value of USD 410.69 Billion by 2034.

Bone China Market Outlook

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.

Product Type Analysis

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

The China data center market size will witness investments of USD 89.67 billion by 2030, growing at a CAGR of 9.14% during the forecast period.

The China Instant Food market was valued at more than USD more than 18 Billion in 2022, driven by fast paced lifestyle.

The Report Covers Chinese Gaming Market Size & Trends. The Market is Segmented by Platform (Pc Games, Console Games, and Mobile Games). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

The China luxury market size reached USD 316.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 469.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.49% during 2025-2033. The market is driven by the burgeoning middle class with increasing disposable income, rising focus on digital innovation in the e-commerce sector, burgeoning shift towards experiential luxury, implementation of supportive government policies reducing import tariffs, and the resurgence of national pride and cultural heritage.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Growth Rate (2025-2033)	4.49%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on category, gender, and distribution channel.

The China Power Tools Market size was valued at USD 4.84 USD Billion in 2023 and is projected to reach USD 6.99 USD Billion by 2032, exhibiting a CAGR of 5.4 % during the forecast period. Power tools are defined as tools that use mechanical power to make work easier either they are electrically operated or have a compressed air mechanism. These are available in different models such as drills, saws, sanders and grinders each one of them being specifically designed for a particular purpose. Some of these tools include adjustable speeds, ergonomic handles, and safety technology to make the user’s experience and work more effective. Power tools are used in various industries and household projects for different tasks in construction. They allow accuracy, efficiency, and a wide variety of applications, making them useful for any commercial or personal projects. The advantages of power tools include productivity, time-saving, and easiness of use. Further, they help users in solving complex problems with relative ease, hence saving time and energy. Even though the quality and technology of China's power tools are being constantly improved, the performance of these instruments is quite competitive and can be compared to the world-famous brands. Key drivers for this market are: Rising Demand from the Automotive and Construction Sectors to Aid Market Growth. Potential restraints include: Strict Energy Regulations and Increased Supply Demand Gap to Suppress the Market Growth. Notable trends are: Technological Advancement in Equipment to Propel Market Growth.

China's absorbable tissue spacer market is going to witness huge growth and reach an estimated value of USD 11.5 million by 2025 with a projected compound annual growth rate of 9.9% during the period from 2025 to 2035.

Attributes	Description
Projected Market Value (2025)	USD 11.5 million
Value-based CAGR (2025 to 2035)	9.9%

The China industrial hoses market is poised for steady growth, with its market value expected to increase from USD 1.3 billion in 2025 to USD 2.1 billion by 2035, registering a CAGR of 5.3% over the forecast period. The expansion of key industries, including manufacturing, construction, automotive, and oil & gas, is driving demand for industrial hoses. Advancements in materials and hose technologies, alongside stringent safety and environmental regulations, are shaping the market's evolution.

Metric	Value
Industry Size (2025E)	USD 1.3 billion
Industry Value (2035F)	USD 2.1 billion
CAGR (2025 to 2035)	5.3%

China Industrial Hoses Market Analysis by Top Investment Segments

Product Type Segment	CAGR (2025 to 2035)
Tank Water Hoses	6.2%

Application Segment	CAGR (2025 to 2035)
Water Tankers	6.0%

Country - Wise Analysis

Province	CAGR (2025 to 2035)
Guangdong	5.6%

Province	CAGR (2025 to 2035)
Jiangsu	5.4%

Province	CAGR (2025 to 2035)
Zhejiang	5.2%

Province	CAGR (2025 to 2035)
Shandong	5.3%

Province	CAGR (2025 to 2035)
Sichuan	5.1%

The China Display market is expected to grow at more than 7% from 2024 to 2029 as surging popularity of 8k and oled displays.

The China digital health market size reached USD 81.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 328.8 Billion by 2033, exhibiting a growth rate (CAGR) of 16.8% during 2025-2033. The market is thriving, driven by technological advancements, government support, and a growing demand for telemedicine, AI diagnostics, and health apps. It is further witnessing rapid growth with increased investment in digital healthcare infrastructure and innovative health tech solutions, enhancing accessibility and quality of care across the country.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 81.3 Billion
Market Forecast in 2033	USD 328.8 Billion
Market Growth Rate 2025-2033	16.8%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type and component.

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China Furniture Market Size 2024-2028

The China furniture market size is forecast to increase by USD 73.1 billion, at a CAGR of 12.5% between 2023 and 2028.

The Chinese furniture market is experiencing significant growth, driven by the expanding urbanization and rising middle-class population. This demographic shift has led to an increasing demand for modern luxury furniture and stylish furniture pieces, creating a lucrative market opportunity for businesses. However, this growth is not without challenges. One such challenge is the uncertainty surrounding raw material prices. The volatility in the prices of wood, metal, and other essential components can significantly impact the profitability of furniture manufacturers. Another critical trend shaping the market is the growing emphasis on sustainability and eco-friendliness. With increasing environmental concerns, consumers are becoming more conscious of the impact their purchasing decisions have.
As a result, furniture companies are turning to sustainable and eco-friendly materials to cater to this demand and differentiate themselves from competitors. This shift not only benefits the environment but also provides a competitive edge in the market. Companies that successfully navigate these challenges and adapt to the evolving market dynamics will be well-positioned to capitalize on the significant growth potential in the Chinese furniture market.

What will be the size of the China Furniture Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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In the dynamic Chinese furniture market, various segments, including commercial, hotel, hospital, and restaurant furniture, experience ongoing trends. Smart and modular furniture solutions gain traction, with knockdown and flatpack designs offering price sensitivity for businesses. Customer satisfaction is paramount, driving the demand for after-sales service and product innovation. Sustainable materials, such as carbon footprint-reducing alternatives and indoor plants, are increasingly preferred. Social media influence shapes consumer behavior, with contemporary and minimalist furniture styles popular. Custom and antique pieces maintain a niche presence, while e-commerce marketing and sales promotion strategies expand reach. Furniture industry standards ensure quality and safety, with online reviews providing valuable insights.
Waste reduction and the circular economy are key concerns, with brand loyalty influenced by refinishing techniques and product durability. Contract furniture and secondhand furniture segments cater to unique market needs, offering cost-effective solutions. Modern furniture designs continue to evolve, with price sensitivity and consumer preferences shaping the market landscape. Retail display and home décor trends reflect the latest styles, as the furniture industry adapts to the ever-changing business landscape. Traditional furniture and luxury furniture segments retain their allure, appealing to those seeking timeless elegance.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Indoor
  Outdoor


Distribution Channel

  Offline
  Online


Geography

  APAC

    China

By Type Insights

The indoor segment is estimated to witness significant growth during the forecast period.

Indoor furniture is an essential component of creating comfortable and functional living spaces in homes, offices, hotels, and other indoor environments in China. The indoor furniture market includes various categories, each serving a unique purpose. Living room furniture, for instance, is a significant segment, featuring sofas, armchairs, coffee tables, entertainment units, TV stands, bookshelves, and other pieces. These items provide seating and storage solutions, enhancing both style and comfort in the living room, a common hub for family and guest interaction. Import and export regulations govern the movement of furniture between countries, influencing the market dynamics. Retail channels, including brick-and-mortar stores and e-commerce platforms, cater to diverse customer preferences, offering various pricing strategies.

Distribution networks ensure timely delivery of furniture, while material sourcing and manufacturing technology impact the quality and durability of furniture, with upholstered, wooden, metal, and solid wood being popular choices. Customer preferences for bathroom furniture, bedroom furniture, dining room furniture, office furniture, outdoor furniture, shelving units, and kitchen furniture continue to evolve, driving innovation in furniture design and man

The development of the Social Networking industry in China is mainly driven by the development of social marketing and social value-added services. With the development and application of technology in the data field, social marketing provides users with more valuable information through accurate insight, and greatly improves the delivery efficiency. On the other hand, with the formation of users' payment habits and the continuous enrichment of digital content on social network platforms, the sales revenue of the Social Networking industry in China is increasing rapidly.Industry revenue is expected to increase at an annualized 9.1% over the five years through 2025, to $51.0 billion. According to the China Internet Network Information Center (CNNIC), the number of internet users in China totaled 1.09 billion at June of 2024. The internet penetration rate has reached 77.5%.Profit is expected to account for 7.9% of industry revenue in 2025. As industry competition intensifies, platforms need to compete on price, upgrade content and retain users. This increases costs and squeezes profit margins.Industry enterprises continue to develop various market segments to reach more users, and then create new value-added services to improve user retention. The downstream customers of social networking are not only ordinary users, but also enterprise users. When using corporate social networking, employees tend to use online chat, file sharing, task allocation and other functions to meet their daily work needs. Meanwhile, they are focusing on the security and stability of their platforms. The enterprise social networking market is likely to continue to expand in the future.Industry revenue is forecast to increase at an annualized 4.5% over the five years through 2030, to reach $63.5 billion in 2030. Strong revenue growth will be mainly due to the increase in social features that social networks can provide.

The Chinese fire suppression market is projected to grow at a CAGR of more than 6.70% from 2024 to 2029, fueled by government regulations and growing industrial and commercial infr

The size of the China In-vitro Diagnostics market was valued at USD 10.61 Million in 2023 and is projected to reach USD 16.10 Million by 2032, with an expected CAGR of 6.14% during the forecast period. In-vitro diagnostics are medical devices with the ability to diagnose diseases by processing biological samples outside the human body. They are very key in healthcare since early disease detection, monitoring, and treatment progress can be checked. They also help in preventing the spread of infections since most of them are quite fast. Examples of these IVDs include a blood test, urine tests, and rapid diagnostic tests. As factors include aging elderly, expanding health expenditures, and improved recognition for preventive care, the country has ranked highly for market growth compared with any other place worldwide. Though being led primarily by the top global leaders of this product space, significant numbers are growing inside for areas that fall in categories like clinical chemistry or immunodiagnostics. High demand for rapid diagnostic tests, as well as other COVID-19-related tests during the COVID-19 pandemic, pushed the growth further in the IVD market of China. This has thereby led to increased investment in research and development, along with technology advancement in the IVD sector. The Chinese government supports the development of the IVD industry through supportive policies such as simplification of the regulatory procedure and encouraging innovation. Therefore, with modernization of the Chinese healthcare systems, the IVD markets are bound to expand as it opens up vast future opportunities for both domestic players and international players. Recent developments include: September 2023, Roche Diagnostics China Technical Innovation Center (TIC) was opened in Shanghai's Pudong New Area in Jinqiao. It consists of laboratories and classrooms, covering 7,080 square meters focusing on a comprehensive upgrade of smart diagnostics, service innovation, talent training, and customer experience in diagnostics., March, 2023, Hainan government issued new guidelines regarding the administration of urgently needed imported drugs and medical devices in the Boao Lecheng International Medical Tourism Pilot Zone of the Hainan Free Trade Port.. Key drivers for this market are: High Burden of Chronic Diseases and Infectious Diseases, Increasing Use of Point-of-Care (POC) Diagnostics Spurring the IVD Market; Increasing Awareness and Acceptance of Personalized Medicine. Potential restraints include: Lack of Proper Reimbursement, Stringent Regulatory Framework. Notable trends are: Molecular Diagnostics Segment Dominates the Chinese In Vitro Diagnostics Market.