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China Home Appliance Subsidy 2.0 Policy to Scale up Smart Toilets Sales

Author:未知  Updated:2019-04-23 14:04:07 Clicks:
On February 1, 2019, Beijing officially implemented a new round of Home Appliance Subsidy to reward consumers who purchase household appliances with China Energy Label of the first or second level.     China is alre

On February 1, 2019, Beijing officially implemented a new round of Home Appliance Subsidy to reward consumers who purchase household appliances with China Energy Label of the first or second level.  

 

China is already the world's largest producer and consumer of home appliances, however, the market share of green, energy-efficient and intelligent products is still low. If the policy is promoted nationwide, it is expected to increase sales of energy-efficient smart home appliances by 150 million pieces from 2019 to 2021, totaling 700 billion yuan.

 

In fact, the first round of subsidy policy has given a significant boost to smart toilet sales in the past two years. According to a survey by the China Household Electrical Appliances Association, in 2017 the penetration rate of smart toilets in Shanghai has reached 8-10%, Beijing 5-6%, and other developed cities like Guangzhou, Tianjin, Hangzhou, Shenzhen, Qingdao, etc. 3-5%. It is estimated that the subsidy 2.0 policy along with other factors is going to drive China's smart toilet market size to 15.5 billion yuan by 2020.

 

More importantly, other energy-efficient bathroom products like water-saving shower heads and faucets and etc have also entered the subsidy list.

 

If you are interested in China’s energy-efficient bathroom products market, please join 2019 Guangzhou Int’l Sanitary Ware & Bathroom Fair (GSW 2019) today for better business opportunities!

 

2019 Guangzhou Int’l Sanitary Ware & Bathroom Fair (GSW 2019)

Date: May 15th-17th, 2019

Venue: Poly World Trade Center Expo, Guangzhou, China

Website: http://www.gswfair.com/index.php?lang=en

 

Contact Person: Season Huang

Tel: +86 29806570

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