In 2020, thanks to consumers spending more time at home, the small home appliance market ushered in an opportunity for vigorous development and achieved rapid growth. In 2021, the severe damage caused by the epidemic to the global supply chain will begin to show. Small home appli

In 2020, thanks to consumers spending more time at home, the small home appliance market ushered in an opportunity for vigorous development and achieved rapid growth. In 2021, the epidemic's severe damage to the global supply chain has begun to be felt. Small home appliance operators are also facing challenges such as logistics obstruction, exchange rate fluctuations, and rising raw material costs. In this VUCA era full of uncertainty, how can companies maintain their competitiveness in the market? We believe that maintaining respect for the market, fully understanding the current situation of the market, and gaining insight into future market trends are one of the necessary conditions.

"2022 Global Small Home Appliances Trend Insights White Paper" mainly discusses the main development tracks and trends of small home appliances in the future. In the post-epidemic era, consumers' lifestyles and consumption scenarios have undergone profound and long-term changes, which is also the basis for the future development of small home appliances. The first half of the

white paper focuses on home fitness, maternal and infant economy, massage and health care, home cleaning, pet economy, and healthy diet, providing an in-depth understanding of the background of the times, market status, and future trends. Small home appliances have always been one of the most active areas of product innovation. On the road to miniaturization, intelligence, and multi-function of home appliances, innovations related to small home appliances are common. In the second half of the white paper, we explore the implementation and practice of these three major trends in the field of small home appliances.

Source: Xinbao Shares Magic Mirror Market Intelligence Jungle Scout

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