Electrical and Electronics Retailing in China – Market Summary & Forecasts

Date: 2015-08

“• The outlook for the electrical and electronics market in China looks very promising and is projected to grow at a CAGR of 10.24% over the forecast period

• Despite sluggish economic conditions, retail sector registers a significant growth

• A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailer’s expansion plans in tier lll and tier lV cities will drive further growth

• Online platform will be a key channel for retailing over the next five years

• Electronics specialist retailers continue to remain the prime channel for sales in the country

• Online spending on the electrical and electronics sector is expected to achieve a significant growth of 20.4%, during 2014–2019”

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