As of 2020, Midea had an online sales market share of around 37 percent in China's smart appliance segment. The company was able to maintain a large market share in both the online and offline sales channels in China. The country's smart home industry had recorded significant growth in recent years.
Online and offline sales share of smart home electrical appliances brands in China in 2020
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Forward Intelligence (Qianzhan). (April 30, 2021). Online and offline sales share of smart home electrical appliances brands in China in 2020 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1279402/china-share-of-smart-home-electrical-appliance-brands-by-sales-channel/
Forward Intelligence (Qianzhan). "Online and offline sales share of smart home electrical appliances brands in China in 2020." Chart. April 30, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1279402/china-share-of-smart-home-electrical-appliance-brands-by-sales-channel/
Forward Intelligence (Qianzhan). (2021). Online and offline sales share of smart home electrical appliances brands in China in 2020. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1279402/china-share-of-smart-home-electrical-appliance-brands-by-sales-channel/
Forward Intelligence (Qianzhan). "Online and Offline Sales Share of Smart Home Electrical Appliances Brands in China in 2020." Statista, Statista Inc., 30 Apr 2021, https://www.statista.com/statistics/1279402/china-share-of-smart-home-electrical-appliance-brands-by-sales-channel/
Forward Intelligence (Qianzhan), Online and offline sales share of smart home electrical appliances brands in China in 2020 Statista, https://www.statista.com/statistics/1279402/china-share-of-smart-home-electrical-appliance-brands-by-sales-channel/ (last visited December 22, 2024)
Online and offline sales share of smart home electrical appliances brands in China in 2020 [Graph], Forward Intelligence (Qianzhan), April 30, 2021. [Online]. Available: https://www.statista.com/statistics/1279402/china-share-of-smart-home-electrical-appliance-brands-by-sales-channel/