With the increasing living standards, the demand for household appliances in my country has maintained steady and rapid development. According to data, from 2011 to 2016, the main business income of my country's home appliance industry increased from RMB 1,101.575 billion to RMB 1,460.560 billion, with a compound annual growth rate of 5.80%; the total industry profit increased rapidly from RMB 51.162 billion to RMB 119.69 billion, a compound annual compound. The growth rate is as high as 18.53%.
my country's home appliance industry has formed a complete independent supporting system for parts and components, creating a complete upstream and downstream industrial chain. Most parts of home appliances rely on injection molding, and industrial clustering provides a good external environment for the formation of a linkage effect between the mold industry and the home appliance industry. Experts predict that with the gradual development of home appliance products in the direction of intelligence, personalization and light weight, the renewal and iteration speed of home appliances will be significantly accelerated, and the home appliance industry market will continue to maintain a steady growth trend in the future.