Report: Micro and Small Firms Make Up 91.2% of China’s Housekeeping Sector

The striking figure here is not the dominance of small firms but how young the sector is: more than half of these operators were founded within three years, which points to rapid, recent entry rather than a mature industry of long-standing incumbents. That composition matters for consolidation and standards, since a fragmented base of micro and individually owned businesses is harder to regulate or organize than a concentrated one. Whether this wave of new entrants stabilizes into durable operators or churns out as quickly as it arrived is the open question worth watching.