According to statistics, the proportion of convenience store sales has accelerated since 2013, and the growth rate of convenience store sales has been double-digit since 2010. Since 2011, it has surpassed the growth rate of department stores and supermarkets.
Convenience store industry
In 2017, the Chinese convenience store industry grew by 23%. With more than 100,000 stores, the sales of 190 billion yuan, the number of stores and the same store sales continued to increase.
Frozen food industry
According to the statistics. in 2018. sales of frozen food industry in China amounted to 64.98 billion RMB., total profit reached 5.14 billion RMB, an increase of 22.45% year-on-year.
Commercial display cases
According to statistics , in 2016, the demand for commercial display cases in China was 2.96 million units. With an annual growth rate of 13.7% estimated in 2020, the market for commercial display cases will reach 5 million units.
In order to meet the needs of the development of convenience stores, Truecooltech is committed to making higher quality cabinet products, developing green industry and going to the world. We will continue to produce more refrigeration equipment and achieve better freezer supply.