Home and Garden Products Retailing in China - Is Estimated to Reach CNY2,630 Billion by 2020, Registering a CAGR of 13.40% over the Forecast Period 2020
The Retail Market For Home and Garden Products in China is estimated to reach CNY2,630 billion by 2020, registering a CAGR of 13.40% over the forecast period. The expanding middle class and their aspiration for a better lifestyle will encourage them to invest more in home and garden products. Per capita spending is likely to grow at a CAGR of 12.8% by 2020. Home and garden products constitute a market share of 6.1% of total retail sales in 2015.
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