Hot product: Take your energy needs to the power bank

An Expert's View about Business Environment in China

Posted on: 3 Jan 2013

The past 12 months have been a banner year for power banks on the Global Sources website, with buyer inquiries between December 2011 and November 2012 staying solid.

A few dips aside, the category tracked a generally upward trend MoM. The growing popularity of power supplies that can address the sophisticated energy requirements of new portable electronics is spurring buyer interest in the line.

Boasting four-digit growth rates, YoY numbers are even more impressive. The biggest leap was in July 2012, when the Global Sources website received 4,849 percent more inquiries for power banks than July 2011.

Buyer activity was next most active in October 2012. That month, inquiries soared 2,824 percent YoY. This was the same period that power banks climbed several ranks on the Global Sources top 20 electronics products based on MoM figures to become the third most-searched category on the list.

To attract orders, China suppliers are releasing compact high-capacity units. Add-ons such as an LED torch, solar panel, compass, thermometer, speaker or card reader boost product value.

Read the full report on Hot product: Take your energy needs to the power bank. Global Sources is a leading B2B portal and a primary facilitator of trade with China manufacturers and India suppliers, providing essential sourcing information to volume buyers through our e-magazines and trade shows.

Posted: 03 January 2013

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