HAIER SMART HOME(SH:600690) Jin Tou Wang·2025-12-12 07:27Core Insights - The differentiated approach of Haier's three-tub washing machine has led to its market leadership in China and successful overseas expansion, filling market gaps in Southeast Asia [1][5][7] Group 1: Market Trends - The multi-tub washing machine market is rapidly growing due to increasing consumer awareness of health and categorized washing, with online penetration rates for multi-tub products rising from 3.2% to 9.5% between March and May 2025 [3] - The search volume for "underwear-specific washing machines" on Tmall increased by 370% year-on-year in 2024, indicating a shift from niche to mainstream demand for categorized washing [3] Group 2: Product Innovation - Haier's three-tub washing machine features a unique one-machine three-tub integrated design that addresses the common pain points of washing outerwear, underwear, and baby clothes separately, achieving true "categorized washing" [3] - The three-tub washing machine can save 50% of washing time, significantly enhancing efficiency, and has sold over 300,000 units domestically, securing the top position in its category [3] Group 3: International Expansion - Following its domestic success, Haier has initiated overseas expansion, launching its three-tub washing machine in Southeast Asia, with a new TV commercial emphasizing its core values of "healthy categorization and time efficiency" [5] - The product will be showcased at a pop-up event in Malaysia from December 17-21, 2023, and is set for official launch in January 2026 [5] - Haier has already established a presence in Vietnam and Italy, gaining recognition from major media outlets, indicating strong competitiveness in mature markets [5] Group 4: Global Strategy - Haier's success in overseas markets is attributed to its long-term global strategy focused on localization, adapting products to meet regional needs rather than simply exporting the same model [7] - The company enhances its product offerings by incorporating features tailored to local climates and consumer preferences, such as adding fragrance functions for Vietnam and energy-efficient programs for Europe [7] - Haier's robust global supply chain and partnerships with local distributors facilitate rapid market entry and effective marketing strategies [7]