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January 05, 2023
The growth potential of the bathroom industry is huge in the next ten years
Considering the current speed of rapid economic development, the market structure in the next ten years will also be full of fog and the future is unknown. However, according to the interpretation of economist Li Daokui, the economic growth pattern in the next ten years cannot escape the fate of low first and high later. Because under the rapid economic development, the complete matching of the economic development model and the market potential requires a period of buffering. From the perspective of the international environment, with the rise of emerging markets and changes in the market structure, although the pace of China's sanitary ware industry going abroad is not smooth, through the continuous accumulation of its own strength, Chinese sanitary ware companies are becoming more confident and full of vitality.
According to the basic conclusion of the study, on the premise that an economy has achieved a market economy take-off, judge its growth potential and growth rate. The greater uncertainty of growth potential is the gap between this economy and the more developed economies in the world. That is the difference in GDP per capita. China's current per capita consumption of sanitary ware is constantly increasing, while other industries have already aimed at the blank of smart toilets in the sanitary ware industry. Cross-border cooperation and independent operation are no longer new events. There is still good growth potential in the next ten years.
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