Wire · market
Chinese firms grow global market share in 40% of products: Nikkei survey
◆ Geography
China
◆ Source
◆ Verified
Fusion42 · 30 July 2026 · Fusion42 review
A Nikkei survey of 70 key product categories reveals Chinese firms expanded their global market share in 40% of them in 2023. Growth was particularly notable in advanced materials and electric vehicles, highlighting increasing competitive dominance from China across a wide range of goods.
◆ ◆ The Wire takeaway
The assumption that Chinese rivals compete only on price is now dangerously outdated across hardware and advanced materials. In forty percent of key product categories, they are actively taking global market share, meaning your direct competitor is now likely better and cheaper.
◆ Related on Wire
◆ Topics
chinamarket-shareglobal-competitionmanufacturingsupply-chain