Foshan Shunde Homeart Electric MFG, a renowned manufacturer of quality kitchen appliances, is dedicated to making life easier for busy families. With its wide range of small appliances, the company aims to save time and reduce stress in the kitchen, recognizing it as the heart of every home.
In recent years, the concepts of the lazy economy and single economy have gained significant popularity, further fueled by the catalytic effect of the pandemic-induced stay-at-home economy. As a result, Electric Kettles For Boiling Water have captured the attention of consumers. Unlike the traditional “three major appliances” consisting of televisions, refrigerators, and washing machines, today’s small home appliances are imbued with the meaning of enhancing happiness in everyday life.
Egg cookers & mini steamers, sandwich makers, portable juicers, and other popular products have become essential tools for food and lifestyle bloggers. The home isolation situation during the pandemic has undoubtedly fueled the demand for small home appliances such as air fryers and blenders. These products multifunctionality, ease of use, and stylish minimalist designs align with the younger generation’s pursuit of a refined, healthy, and convenient lifestyle.
Small Home Appliances Gain Popularity Amidst the Pandemic-driven Stay-at-Home Trend
The Egg Cooker For Hard Boiled Eggs, combined with the catalytic effect of the pandemic-driven stay-at-home trend, has led to the rapid emergence of small home appliances as a distinct market segment in the past two years. Small home appliances typically refer to household appliances that are not high-power devices. These appliances usually consume less electricity or have smaller physical dimensions, earning them the name “small home appliances.”
Under the impetus of national energy-saving and environmental protection policies, health-conscious and energy-efficient household appliances have gradually gained favor among consumers. The Chinese home appliance consumer market is currently experiencing a golden period of growth and transformation. Small home appliance companies are actively striving towards the direction of “low-carbon, energy-efficient, and healthy” products, propelling the industry into a new development stage.
Challenging Times for the Chinese and Overseas Kitchen Small Home Appliance Market in 2022
In 2022, influenced by factors such as the pandemic and the global economic environment, the overall situation of the Chinese and overseas kitchen small home appliance market was less optimistic. Data shows that last year, Jiuyang Co., Ltd. (002242. SZ) recorded revenue of 10.177 billion yuan, a year-on-year decrease of 3.45%. The net profit attributable to the parent company was 530 million yuan, representing a year-on-year decrease of 28.98%.
The non-GAAP net profit attributable to the parent company was 547 million yuan, reflecting a year-on-year decrease of 8.3%. Jiuyang Co., Ltd. experienced declines in both domestic and export sales, with domestic sales decreasing by 2.56% to 8.85 billion yuan and export sales decreasing by 9.03% to 1.326 billion yuan.
Foshan Shunde Homeart Electric MFG Pioneers Innovation in 2023 Small Home Appliances
Small Kitchen Appliance Supplier, a leading manufacturer in the small home appliance industry, continues to drive innovation and transformation. With a commitment to producing environmentally friendly and energy-efficient products, the company is at the forefront of the “low-carbon, energy-efficient, and healthy” movement. Foshan Shunde Homeart Electric MFG’s dedication to meeting the evolving demands of consumers aligns with the industry’s new development stage. As the small home appliance market evolves, the company’s innovative approach and commitment to quality position it well for success in the future.
Conclusion
Foshan Shunde Homeart Electric MFG, 10 In 1 Programmable Multicooker Pot, is committed to making a positive impact on the lives of its customers. By designing small kitchen appliances that save time and reduce hassle, they hope to enable individuals to cherish the moments that truly matter. With their unwavering dedication to innovation and customer satisfaction, Foshan Shunde Homeart Electric MFG continues to revolutionize the way busy families approach cooking and meal preparation.
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