Breakdown of offline refrigerator retail sales revenue China H1 2021, by price range
In the first half of 2021, more than 60 percent of offline refrigerator sales revenue was generated by products with prices under 10,000 yuan. Around one-third of the revenue came from products priced under 5,000 yuan. The market for high-end refrigerator products in China is still in its early stage of development, with its size being relatively small in comparison to markets of more moderately priced products.