Frbiz Report: China's Sanitary Hardware Fittings Market Has Great Development Space

2010-11-04 21:15 1785

BEIJING, Nov. 4, 2010 /PRNewswire-Asia/ -- Frbiz reports that in the first half of 2010, China's investment in real estate has been 19.7 trillion RMB; a year-on-year increase of 38.1%. Commodity residential investment reached 13.6 trillion RMB, a year-on-year increase of 34.4%, accounting for the proportion of investment in real estate, 69.3%.

In the first half of 2010, the national real estate development enterprises purchased 185 million square meters; a year-on-year increase of 35.6%. The land acquisition expense was 4.2 trillion RMB, a year-on-year increase of 84.0%.

With the real estate market constantly booming, the related hardware and building materials, water heating and sanitary ware market prospects are good. In the near future, China's sanitary ware market will see good development.

The sanitary hardware parts market space is great. Sanitary fitting sets are many, but generally include water mouth, mirror, toothbrush cup, tooth cup frame, soap, towel lever, bath towel shelf, and the peg and toilet brush box. Sanitary products, due to frequent usage and product updates, are high-consumption products. In addition, their appearance looks like elegant artwork, which easily attracts consumers.

Sanitary appliances are a common necessity of life; however, nowadays, sanitary ware products have moved from simply function-oriented to design and creativity-oriented. Consumers can find a plethora of options to choose and buy and can also enjoy considerate service and convenient development.

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Keywords: Retail