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Pet health market growth in China According to the market research made by Frost & Sullivan, the pet industry, which includes food, medical, grooming and general products, is expected to reach RMB472.3 billion ($66.8 billion) in China by 2023. According to datamintelligence.com, The China Animal Health Market is expected to grow at a CAGR of…
Why is Tmall China’s premier online shopping destination? According to Statista, the largest Chinese e-commerce company Alibaba had another strong quarter in the beginning of 2020. The annual active consumers on its online shopping properties in China reached 726 million by the end of March, increasing from 711 million at the end of December 2019….
The male beauty industry in China is booming In 2019 male beauty and skincare was one of China’s fastest-growing consumer product segments and it’s expected to garner over $166 billion by 2022, with a CAGR of 5.4% between 2016 and 2022. The steadily increasing size of the market can be attributed to the growing purchasing…
Beauty & Cosmetic market in China China is the world’s second-largest beauty market after the U.S. in terms of revenue and consumption value. It is also one of the fastest-growing and most promising fields of business in China for the near future. As a result of urbanization, growing disposable income, and social media influence, the…
Co-branding Means Endless Possibilities The Digital Era is where storytelling becomes reality, and the fantasy that we create in the story becomes so desirable that it will make you buy it if you have the power. Sometimes having a Good Idea or a good product is not enough. Like the old, Wiseman said; if…
Introducing Luckin Coffee Luckin Coffee (瑞幸咖啡) is a Chinese coffee company and a chain of coffee shops. It was founded in Beijing in 2017. As of January 2020, it has operated 4,507 stores and surpassed the number of Starbucks stores in China. Most of its stores are small collection points in university office buildings…
SMALL HOUSEHOLD APPLIANCES MARKET IN CHINA IN 2020 Until 2019, revenue for household appliance stores in China increased by 11.6% year-on-year to $ 309.7 billion. The sector’s profitability is boosted to 8.7% of revenue in 2019. Revenues in the small household appliances segment amount to 45.542 million US dollars in 2020. The small household appliances…
CHINESE PLANT-BASED MEAT MARKET The ascent of plant-based meat alternatives has reshaped menus in restaurants and fast-food chains across the US, led by a parade of high-tech burgers, nuggets, and sausages that look (and sometimes taste) like the real thing. That’s all fine and good for American consumers who gravitate toward fried foods and…
Wechat Campaign that Works: Case Study WeChat has always been a complex platform. Started as a social networking app, it incorporated various functions and features into its system over the years. And now, the WeChat feature Mini Programs allows you to do online shopping, ordering food delivery, playing games, looking up information, and more. Meanwhile,…
What is Localization? Localization is a service used to adapt a product, page, or app to a specific market. A localization strategy addresses customer behavior, purchasing habits, and general cultural differences in each country in which it operates. When a company enters a foreign market, it becomes difficult to offer buyers in a specific country…
Singer, musician, actor and many other trades. Are you an artist looking for an artistic agent in China to break into this country? You do not know how? Here are some steps that will guide you to the Chinese artistic agent you need. First of all, what is an artistic agent? In a few…
Getting into the music world is not easy and breaking into it is a different story! Some musicians have had local success and others, more ambitious, have international goals. Succeeding in your own country is already a challenge, but succeeding abroad is something else. Tenacity, determination, motivation, talent … So many qualities are necessary…
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