Analysis of specific categories and market competition pattern of China's daily dining kitchenware industry in 2022

Kitchenware for daily meals is the general name of kitchen and catering daily appliances (non electric). It has a wide variety of products, including various materials and characteristics. According to the product material, it can be subdivided into bamboo and wood daily dining kitchenware, ceramic daily dining kitchenware, glass daily dining kitchenware, metal daily dining kitchenware, plastic daily dining kitchenware, composite daily dining kitchenware and several other categories. The products included in each category are also different. For example, the kitchen utensils for bamboo and wood day meals are mainly chopsticks and chopping boards; The kitchen utensils for metal daily meals are mainly knives, pots, plates, shovels, etc.

Specific classification of kitchen utensils for daily meals

Kitchenware for daily meals is the general name of kitchen and catering daily utensils, and it is the necessary supplies for residents' daily life. There are a variety of kitchen utensils for daily meals, including products of various materials and characteristics.

Daily dining utensils of various materials

For many years, China's population has been the first in the world. According to the data of the National Bureau of Statistics, the total population of China will be 1413 million in 2021. It is estimated that the total population of China will reach a peak of 1.442 billion by 2029.

Trend of China's total population

Kitchen utensils for daily meals are essential daily necessities, and their market is highly related to the number of people and households. China is a large population country in the world. Chopsticks, chopping boards and other necessities for daily meals have a huge market space in China.

According to the data of the National Bureau of Statistics, the retail sales of daily necessities above the designated size in China reached 438.98 billion yuan in 2014 and increased to 650.35 billion yuan in 2020, with a compound growth rate of about 6.77%. In 2021, the retail sales of daily necessities above the designated size in China reached 744 billion yuan. It is expected that the retail sales of daily necessities above the designated size in China will exceed 800 billion yuan in 2022.

Trend of retail sales of daily necessities above designated size in China from 2014 to 2022

Kitchen utensils for daily meals are consumer goods in daily life, and the development of the industry is highly related to the economic level. Since the reform and opening up, China's economy has maintained rapid growth. Up to now, China has become the second largest economy in the world. In 2020, under the epidemic, China is the only major economy in the world to achieve positive economic growth. GDP has exceeded the 100 trillion mark, and the per capita disposable income of residents and consumer spending on household goods have also kept pace with GDP. At the same time, with the continuous improvement of China's urbanization rate and residents' consumption level, the scale of the daily dining kitchenware industry is expanding.

The daily dining kitchenware industry is a fully competitive industry with many participants and low concentration.

Analysis of participating enterprises in the daily meal kitchenware industry

Source: Collated by Gongyan