Analysis on Household Audio Equipment Market in China

An Expert's View about Audio and Video Equipment in China

Posted on: 15 Dec 2011

Analysis on Household Audio Equipment Market in China

According to Zeefer Consulting's latest market research report - China Household Audio Equipment Market Report and calculated according to Zeefer China Market Size formula, China household audio equipment market size in 2009 exceeded RMB 35 billion, a decline of more than 8% on a year-on-year basis.

In terms of market position of foreign enterprises in China, in 2009, there were more than 350 foreign enterprises above designated size engaged in the household audio equipment industry, accounting for more than 50% of all household audio equipment enterprises above designated size across China. These enterprises achieved a sales revenue of more than RMB 55 billion in all, accounting for more than 70% of the total sales revenue from all household audio equipment enterprises above designated size across China.

In terms of industry profit, in 2009, enterprises above designated size in household audio equipment industry across China achieved a profit of more than RMB 2 billion in all, a decline of more than 8% on a year-on-year basis. On average, enterprises achieved a profit margin of more than 2%. In 2009, more than 150 enterprises in this industry suffered a loss. and the loss from them added up to RMB 501.6 million.

In terms of household audio equipment import and export, in 2010, the value of imported household audio equipment products in China was more than USD 2 billion,  and PRC, Malaysia and Japan ranked top 3 as Origin of Imported Goods, imports from these top three origins added up to USD 1.9 billion, accounting for more than 75% of the gross imports. Guangdong, Shandong and Jilin ranked top 3 domestic destinations in imports, and the value of imports in these three regions added up to USD 1.9 billion, accounting for more than 75% of the gross imports across China. In 2010, the gross export of household audio equipment products exceeded USD 8 billion,  and Hong Kong, USA and Japan ranked top 3 as export destinations. Exports to these destinations added up to USD 5.7 billion, accounting for more than 65% of the gross export.

Full content of China Household Audio Equipment Market Analysis:
http://www.allchinareports.com/china-household-appliances-industry/video-audio-devices-industry-analysis/analysis-on-household-audio-equipment-market-in-china.html

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The analyses above are extracted from the research report: China Household Audio Equipment Market Report


Posted: 15 December 2011

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