2023 Consumer Trends Report

Wed, 03/08/2023 - 21:47

1. Seasonal trend ceremony
2. Emotional healing
3. High quality beauty care
4. Exquisite lazy house
5. The wind blows outdoors
6. Reverse travel
7. Human sober shopping
8. Hard core regimen
9. Single-person Happy Birthday
10. Look at the face regardless of gender
11. People and pets coexist

2021 China's TOP100 Franchise Chains Released, Catering Companies Account for the Largest

Sat, 06/04/2022 - 22:17

Beijing Youth Daily reported that on May 30, the China Chain Store & Franchise Association (CCFA) announced the "Top 100 Franchise Chains in China in 2021".

According to the China Chain Store & Franchise Association, the sales volume of the "Top 100 Franchise Chains" in 2021 will be 588.5 billion yuan, a year-on-year increase of 23.6%, accounting for 1.3% of the total retail sales of consumer goods. The total number of stores was 366,000, a year-on-year increase of 9.9%, providing about 5 million jobs.

The latest food delivery robot ranking! Qinglang Intelligent ranks first, with a market share of 51%

Sun, 05/08/2022 - 09:55
Food Delivery Robot Market Share
Food Delivery Robot Market Share
The latest data shows that in 2021 China's catering distribution robot market, Qinglang Intelligent has seized half of the market and stabilized. It ranks first, with a market share of 51%, which is more than twice that of the second place, and the leader has obvious advantages.

Briefing on China's tea exports from January to March 2022

Tue, 05/03/2022 - 15:04
Comparison of tea categories in China's cumulative tea exports (unit: ton)

Comparison of tea categories
in China's cumulative tea exports (unit: ton)

According to China Customs data, in March 2022, China's tea export volume was 28,300 tons, a year-on-year increase of 2.0%, the export value was US$153 million, a year-on-year increase of 3.79%, and the average export price was US$5.41/kg, a year-on-year increase of 1.75%.

Meituan Research Institute: 2022 New Catering Industry Research Report | The rise of small and medium-sized chain brands

Tue, 04/19/2022 - 13:55
The rise of small and medium-sized chain brands

The rise of small and medium-sized
chain brands

A few days ago, Meituan Research Institute released the "2022 New Catering Industry Research Report"

According to the current situation of multi-scenario integration in the catering industry, the report summarizes the development trend of the industry:

(1) From the pursuit of the number of users to the life-long value operation;

(2) The normalization of online and offline dual-home operations;

(3) Digital capabilities become the basic capabilities for the development of catering enterprises

(4) The national tide of catering is rising;

CCFA & Huaxing Capital: 2021 China Chain Catering Industry Report

Tue, 04/19/2022 - 06:28
market share
market scale

China's catering market has been growing healthily. The market scale has increased from 2.9 trillion yuan in 2014 to 4.7 trillion in 2019, with a compound annual growth rate of 10.1%. Due to the impact of the epidemic, the scale of the catering market decreased by 15.4% to 4.0 trillion in 2020, but it is expected that the market scale will recover to 4.7 trillion in 2021, and then the industry will grow healthily again. The market scale can reach 6.6 trillion in 2024.

Guizhou: the total output value of tea exceeded 57 billion in 2021

Mon, 04/11/2022 - 23:12

According to the latest data released by 2022 Guizhou Tea Industry Development Conference, in 2021, the output of tea in Guizhou Province was 469,900 tons and the output value was 57.095 billion yuan, with a year-on-year increase of 7.74% and 13.32% respectively; The export of tea reached US $300 million, with a year-on-year increase of 34.9%. Tea has become the first agricultural product exported in Guizhou; At the same time, Meitan County, Zunyi, Guizhou Province, has ranked first among the top 100 counties in China's tea industry for two consecutive years.