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Suppliers of health and personal care in China are setting sights on overall business growth throughout the rest of 2010. With economic conditions pointing to recovery, makers are looking forward to higher export sales as well as carrying out aggressive production upgrades.
In fact, raising capital expenditure up to 50 percent is part of the agenda of many interviewed companies in this report. In most cases, the additional budget is spent on automating manufacturing steps to boost output as orders rise again.
Further, prices are likely to remain stable, contrary to the trend in previous months when suppliers were either imposing cuts to stay competitive or markups to recoup margin losses. This is also partly because of stabilizing material costs.
This report covers five major product lines of China’s health and personal care industry, namely massagers, health monitors, hair-removing and styling appliances, and toothbrushes.
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