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Japan's Building Material Giant Panasonic Eco Solutions Pushes into Chinese Sanitary Market

Japan,Panasonic Eco Solutions ,Japan

 

Panasonic Eco Solutions which has been vigorously expanding its overseas building material business recently plans to promote products such as integral bathrooms and kitchens and gradually expand from Taiwan, China into Chinese mainland, India and Southeast Asia. The overseas sales accounts for 16.6% of total sales which aims to increase to 22% of total sales by 2020.

 

At present, Panasonic has introduced integral kitchen products and bathrooms in Taiwan. For the Chinese market, the relevant officials of Panasonic Eco Solutions said, "Due to houses in China (mainland) delivered in the form of roughcast, the buyers need to find a decoration company which leads to different qualities. I think it's our opportunity that China has made the policy to have an obligation to housing interior decoration."

 

The proprieter of Panasonic Eco Solutions said they plan to increase its overseas sales to 22% of its total sales from 16.6% in two years focusing on three major markets such as China, Asia and ISAMEA (India, South Africa and Middle and East Africa).

 

In Sep. 2018, the company has reached the strategy cooperation with Glodon Company Limited and Beijing Linkdata Technology Co., Ltd in China. In addition to participating in the development, sales and rental of the construction site workers dormitories, Panasonic Eco Solutions will help to promote the development of Kunming City with other large developers and gradually expand to other cities in China and Asia.

 

 

(Source: JJgle.com)