Join EAcham and Hubei Governmental Project to Seize the Business Chance fueled by COVID-19!

The Rise of Stay-at-home Economy since 2020

² The COVID-19 pandemic is fueling the growth of the stay-at-home economy.

The current COVID-19 crisis has forced millions of people to develop new ways of working, consuming, learning, and living when people have to spend more time at home. Consumer preferences have been shifting toward e-commerce and online entertainment, education and work. Since mid-March in 2020, Amazon has hired 175,0000 workers in the United States to meet surging demand for online shopping. Without doubt, the coronavirus pandemic is fueling the growth of the stay-at-home economy.

² The stay-at-home economy might be here to stay.

How consumers learn, work, shop and play is poised to change in the post-epidemic time. Take China as an example, experts predict that in the next few years, the proportion of the digital economy in China's GDP will increase by more than two percentage points each year. Telecommuting will become an inevitable development trend in future corporate management and corporate office models.

Crisis breeds Opportunity! - Many Products Become Hot-sellers!

Take China as an example, according to statistics from the Pinduoduo, one of top E-commerce platforms in China, during the epidemic, in addition to the sharp increase in demand for medical and disinfection supplies, sales of fresh fruits, convenient fast food, casual snacks, digital products, children's toys, chess and card entertainment, fitness equipment and other categories also appeared during the epidemic grow rapidly.

Pinduoduo also found that pajamas in special periods have always been a hot spot for consumers. Pajamas orders increased by 175% year-on-year, of which 60% came from the Midwest and the South.

In addition, in the days of staying at home, young people began to practice cooking. According to data from Tmall International, since the Spring Festival holiday, the consumption demand for imported kitchen appliances, food raw materials and other products has increased significantly. Among them, the British Mofei multi-function pot and Japanese sandwich maker are popular among young people. Sales of kneading machines increased by 400% year-on-year, and noodle machines increased by 280% year-on-year.

Convenient fast food with convenient nutrition has also become a new choice. On Tmall Global, Korean instant rice, Vietnamese salted egg yolk instant noodles, and Australian whole-grain instant oatmeal have all become popular foods for homestays.

Stay-at-home Economy Products Online Fair

In order to assist overseas clients to seize this business opportunity brought by the emerging Stay-at-home Economy, joint with the Department of Commerce of Hubei Province, EAcham is organizing a series of online trade fairs for the related hot-selling products to help foreign businessmen build connection with high-quality and reliable suppliers from the biggest manufacturing country in the world.

Products Categories

1. Furniture, Home Textile & Home Decor

(1) Home leisure: home furniture, storage cabinet, bathroom supplies, cleaning supplies, fitness equipment, beauty care, etc.; 

(2) Home decoration: decorative calligraphy and painting, scented candles, vase floral art, artificial flowers, fashion clocks, lighting, photo frames, mirrors, festive accessories, jewelry boxes, carving crafts, Zen art, iron art and wood art, decorative tapestry embroidery , designer works, etc.;

(3) Home textiles: bedding, pillows, sofa cushion covers, chair cushions, towels, carpet mats, curtains, latex products, etc.;

2. Kitchenware & Tableware

Ceramic tableware, glassware, hardware utensils, pots, cooking utensils, baking supplies, barbecue supplies, tableware, wine and drinking utensils, coffee sets, tea sets, food preservation boxes, vacuum flasks;

3. Smart Home Products

Smart home control equipment, smart buildings, smart furniture, smart locks, smart security, smart curtains, smart toilets, smart trash cans, smart drying racks, smart routers, smart sweepers, smart robots, smart blood pressure monitors, smart speakers, smart switches sockets, smart lamps, smart wearables, smart home appliances, smart massagers, drones, somatosensory cars, air purifiers, household cleaning appliances, kitchen appliances, etc.;

4. Smart Office & SOHO Products

(1) Office supplies: office furniture, office equipment, document management systems, desktop supplies, office notebooks, writing correction supplies, etc.;

(2) Office system: SOHO office overall solution, remote attendance system, computer equipment, communication equipment, data storage equipment, financial and banking equipment, commercial hardware and accessories, etc.;

(3) Printing equipment: printing, copying equipment and consumables, digital imaging equipment, ink, toner, printing tape and peripheral accessories, etc.;

(4) Stationery gifts: luxury pens, gift paper, creative notepads, greeting cards, packaging supplies, table supplies, business gifts, photo frames, e-commerce gifts, fashionable, authorized gifts, promotional gifts, customized notebooks, etc.;

5. Food & Beverage

(1) Foods: Leisure snacks, health food, health products, dairy products, alcohol, candy, chocolate, biscuits and pastries, fresh food, canned food and seasonings, coffee, tea and beverages, grain, oil, rice noodles, etc.;

(2) Food materials and seasonings: cold, fresh and frozen food, grain and oil products, edible oil, olive oil, aquatic products, meat and poultry products, seasonings, food ingredients, etc.;

(3) Baking and sweets: baked goods, candy, chocolate food, snacks, bread, pastries, candied fruits, baking supplies, etc.

If you are interested in this event, please register as early as possible to reserve the quota for your company. Thank you.

We are looking forward to having you with us.