China General Merchandise FairFuture trends of the Commodity industry It is predicted that the demand of the commodity market will continue to increase
China General Merchandise FairIt is understood that with the improvement of global consumers' requirements for quality of life and the continuous innovation and upgrading of daily necessities, the market size of the daily necessities industry has maintained stable growth。The Asian market has grown particularly fast in recent years。At the same time, the development of e-commerce platforms has made it convenient for consumers to compare prices and choose goods, further promoting the expansion of the market size。
Daily necessities, also known as daily necessities, are the daily use of ordinary people, that is, household goods, household food, household appliances and household appliances。According to the frequency or scope of use of supplies, it is divided into: necessities of life, or daily necessities, luxury goods。According to the use of the division: toiletries, household goods, cooking supplies。(Classified by kitchen and bathroom supplies) Decorative supplies, cosmetic supplies, bedding。
Commodity industry market development status and competition pattern analysis
Consumer needs are increasingly diverse and personalized。They not only focus on product quality and brand recognition, but also pay more attention to product functionality and performance。For example, for household products, consumers seek efficient, convenient and fast cleaning products, as well as personal care products for specific skin types or needs。At the same time, environmental protection and sustainability have become the concerns of more and more consumers, who are more inclined to buy certified green products。
Data show that the market size of China's cosmetics industry in 2021 will reach 455.3 billion yuan, and it is estimated that the market size will exceed 500 billion yuan in 2023。In 2021, China's daily chemical industry accounted for 13 percent of the global market size from 2020.89% went up to 16%。China's daily chemical market has become the main growth component of the global daily chemical market, with both scale and growth。In the context of the increasing uncertainty of global economic development, the scale of China's daily chemical market continues to rise。According to the data, the market size of China's daily chemical industry will increase by 8 % in 2021.9%, higher than global growth of 7% over the same period.6%。
In 2021, the total system-wide sales of supply and marketing cooperatives reached 6.26 trillion yuan, an increase of 18 percent year-on-year.9%, of which daily necessities sales of 1,492.5 billion yuan, an increase of 17%.1%。In recent years, with the implementation of the national "One Belt, One Road" strategy, China's cosmetics industry has developed rapidly, and its products have been more and more favored by the international market. At present, a total of cosmetics, perfumes, skin care and other cosmetics are exported to more than 70 countries and regions such as the United States, the European Union, Japan and South Korea。
China Daily Merchandise Fair learned that as consumer demand for daily chemical products is more vigorous, the phenomenon of cosmetics sharing is more popular, and more cosmetics buying platforms are diversified, China's daily chemical industry will maintain steady development in the future, and the cosmetics market will expand more rapidly。It is predicted that the transaction scale of online cosmetics will still account for the majority of the total market share of cosmetics, and become the growth pole of the entire daily chemical industry。
The retail market of daily necessities is highly competitive, with large integrated supermarkets, convenience store chains and e-commerce platforms being the main competitors。These enterprises have attracted a large number of consumers by offering diversified products, favorable prices and convenient shopping experience。At the same time, there are also some segments in the market, such as household goods, personal care products, etc., which have different levels of competition。
The daily necessities industry market can be further segmented on the basis of product type into toiletries, household goods, personal care products, and other daily necessities, etc。Each market segment has its own unique development characteristics and consumer needs。The driving factors for the market development of daily necessities industry mainly include technological progress, the popularity of the Internet, population growth and urbanization。However, the industry is also facing some challenges, such as fierce market competition, changes in consumer buying habits and preferences, and rising logistics costs and labor costs。
Commodity industry future development trend forecast
China Daily Merchandise Fair understands that with the improvement of people's requirements for quality of life and the continuous innovation of daily necessities, the demand for daily necessities market will continue to increase。Especially in emerging markets and developing countries, with the acceleration of urbanization and the improvement of consumer purchasing power, the market size of daily necessities will further expand。In the future, consumer demand for daily necessities will be more diversified and personalized。They not only focus on the basic function of the product, but also pay attention to the appearance of the product design, quality assurance, environmental performance and other aspects。Therefore, daily necessities enterprises need to continue to innovate and launch new products that meet consumer needs to meet the diversified needs of the market。
With the increase of global environmental awareness, consumer demand for green products is also increasing。Daily necessities enterprises need to pay attention to the environmental performance of products, use environmentally friendly materials and production processes, and launch products that meet environmental standards to meet the needs of consumers。With the rapid development of the Internet and e-commerce, online sales have become an important sales channel for the daily necessities industry。In the future, online sales will continue to maintain growth, daily necessities enterprises need to strengthen the construction and management of online channels, and improve the ability and efficiency of online sales。
The above is the daily necessities industry related information brought by the small edition of China Daily Merchandise Fair. If you are interested in this industry, welcome to visit and exchange。
Source: China Research Network