Japan White Goods Shipments Hit 20-Year High in 2017
Tokyo, Jan. 24 (Jiji Press)—White goods shipments in Japan in 2017 grew 2.0% from the previous year to ¥2.3 trillion, hitting the highest level since 1997, an industry group said Wednesday.
Shipments grew for the second consecutive year, led by the popularity of models featuring high energy efficiency and high-spec products that can help save time for household work, according to the Japan Electrical Manufacturers' Association.
Air conditioner shipments rose 6.2% to ¥723.2 billion thanks to an increase in shipments of models with less power consumption.
Washing machine shipments grew 2.7% to ¥327.7 billion, backed by brisk demand for high-priced large-capacity models mainly among dual-income households.
Refrigerator shipments fell 0.8% to ¥423.7 billion. By volume, meanwhile, shipments rose 1.5% to 3.87 million units on the back of an increase for smaller models.[Copyright The Jiji Press, Ltd.]