
From 2020 to 2022: An Explosion in Chinese Plastic Production
China is the world’s largest producer of plastic products, clocking in at staggering seven million metric tons every month, and it’s growing.

China is the world’s largest producer of plastic products, clocking in at staggering seven million metric tons every month, and it’s growing.

The smart home hardware market has rapidly grown. With technology advancing at an unprecedented pace, consumers are buying more products YoY.

The global sales value of service robots for personal & domestic is seeing large growth, from $4.3 billion in 2019 to $10 billion by 2023.

The consumer electronics industry saw substantial expansion & popularity in the U.S. Breakthroughs & new products keep the market growing.

Global smartwatch market is predicted to grow a lot. In 2016, 37 million units were shipped, by 2025 the number is expected to be 253 million.

Consumer spending on smart home devices and services has risen in recent years and will quadruple to 170 billion U.S. dollars by 2025.