2021 JD 618 DATA REPORT
We teamed up with JD.com to share some Chinese e-commerce trends that arose during 2021’s 618 shopping festival. JD.com recently celebrated its 18th anniversary with its 618 sale, the anniversary marks the continuous growth of the ecommerce platform, with 2021 already indicating a 28% rise in sales from the previous year. Previously being known for […]
Gardening tools market in China: Rapid expansion driven by urbanization
The gardening tools market in China has grown substantially in the past 5 years. According to a report by ASKCI, the market size for gardening tools in China has grown from less than 600 million RMB in 2014 to more than 850 billion RMB in 2019, at a CAGR of 7.6%. The market is expected […]
New amusement parks in China open as tourism turns to domestic destinations
Following the global pandemic, Chinese tourists turn towards domestic sites for tourism, one of these destinations is theme parks. This domestic tourism boom with the development of the animation IP industry have jointly promoted the expansion of Chinese amusement parks. According to the data analysis of iiMedia Research, the market size (including tickets, catering, accommodation, […]
The olive oil market in China driven by health-oriented consumers
While extra virgin olive oil (EVOO) may be a staple in many countries’ cuisine, especially in southern Europe, it only has a very marginal use in China. Usually associated with foreign brands and healthy cooking, EVOO is rarely used in Chinese kitchens where soybean and rapeseed oils are more prevalent. Healthier cooking habits drive Chinese […]
The 8 China market trends experts predict for 2021
Key insights from ChoZan’s brand new 570+ pages report unveiled It’s no question that the pandemic has brought drastic changes to our lives, be it social distancing, working from home, etc. Many businesses and people’s livelihoods are suffering. Just as we are powering through this difficult time, we turn our attention to it’s a good […]
China Paradigm 111: Using analytics to make data relevant in China
Data analytics in China Matthieu David interviews Carole Gabay, Analytics Manager & Market analytics consultant. Insightful market analysis is really important in order to accurately determine consumer behavior and make solid market strategies. Carole Gabay has been doing market analysis for 25 years and her skills in this field have been honed and perfected based […]
The convenience store market in China
Convenience stores’ sales in China have exceeded 226 billion yuan in 2018, up 19% over last year. The convenience store market in China has grown, and will continue to grow in the near future. [Data Source: China Chain Store & franchise “Annual Sales Revenue of the Convenience Store in China”] Blooming convenience store market in […]
The adult toys market in China: untapped economic potential
Over the past 20 years, China has become more and more open. Sex is still a sensitive subject but consumer attitudes and the policies of the Chinese government are more flexible. The adult toys market in China is unfolding and is largely untapped. Download our report on China’s adult toys market E-commerce, brand image, strong consumer […]
Comparing SARS and Coronavirus economic impact
The novel coronavirus pneumonia (now known as COVID-19) was first encountered in the city Wuhan in December 2019. Like other coronaviruses, COVID-19 can cause various symptoms such as fever, coughing, and shortness of breath. In 2002 and 2003, Severe Acute Respiratory Syndrome (SARS-CoV) plagued China. The novel coronavirus outbreak echos that of SARS in 2003, […]
Hosa Fitness closed its doors. What is causing the downfall of China’s traditional fitness centers?
In June 2019, the fitness chain Hosa Fitness (浩沙健身) closed overnight, causing a heated discussion. Hosa Fitness started in 1999, and it had 86 stores in 2009. How could such a big fitness brand go out of business? What are the problems of fitness centers in China? Will all of China’s traditional fitness centers face […]
The cheese market in Shanghai: Cheese evolution | Daxue Consulting
Cheese market in China. Historical reasons explain the rejection of cheese by Chinese consumers Traditionally, dairy products were associated with the nomadic tribes who lived on the fringes of China and who were regarded as barbarians. So back then, eating cheese was associated with an unsavory lifestyle. Also, the majority of Chinese people avoided the […]
E-pharmacy in Mainland China: the health shift online
How will major market players come together to support the E-pharmacy in China? E-pharmacy, also called “internet pharmacy” (网上药店) are online platforms that act as intermediaries or retailers to facilitate the sales of medicine, and are becoming increasingly popular across the world. China is currently facing many of the same regulatory and security challenges with […]