The forecast for the production of colour television sets in China shows a steady increase from 20.5 ten million units in 2024 to 22.42 ten million units in 2028. This represents year-on-year growth rates of approximately 2.39% from 2024 to 2025, 2.29% from 2025 to 2026, 2.24% from 2026 to 2027, and 2.14% from 2027 to 2028. The compound annual growth rate (CAGR) for the five-year forecast period is projected to be around 2.26%.
Future trends to watch for include:
- Advancements in television technology, such as 8K and smart features, which could drive production increases.
- Changes in consumer preferences and economic conditions, impacting demand and production volumes.
- Potential impacts of government policies on manufacturing and exports.