High Inventory Volume Causes Air Conditioner Sales Drop in China
2023-11-20
According to aircon.com, China has recently had a sluggish air conditioner market. The air conditioner market in China saw a turning point in July 2023, when over 20% growth in delivery was achieved, followed by a cliff-like drop. August and September suffered year-on-year declines in delivery volume within China, with a falling scale of over 10%.
