With turnover of USD11.1 billion, China accounts for 26.3% of the Asia Pacific total in 2023. The industry’s profitability increases and stands at 20.7% of turnover in 2023, the 19th highest regionally. The costs of the industry increase by 0.7% in 2023, largely driven by rising B2B costs. The total number of companies remains unchanged in 2023. The industry is fragmented, with the top two companies generating 0.8% of total production value in 2023. Beijing Rongchang Technology Services Co Ltd is the largest company in China, generating 0.6% of the industry’s total turnover value in 2023. B2B drives market demand, with B2B spending representing 87.5% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Washing and Cleaning in China: ISIC 9301. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Washing and Cleaning in China: ISIC 9301 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of funeral and related services, hairdressing and beauty treatment, solariums, spas and similar services, and washing and cleaning.
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