Appliances and Electronics Specialists in South Korea
Appliances and electronics specialists maintained its long-standing decline in outlet numbers in South Korea in 2023, and although it returned to growth in current value terms, this only made a small dent in the losses experienced since 2019. The channel has been facing formidable challenges, attributed to various factors that are contributing to declining demand for appliances and electronics. High interest rates, soaring exchange rates, and elevated prices collectively create a complex busines...
Euromonitor International's Appliances and Electronics Specialists in South Korea report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?? * Get a detailed picture of the Appliances and Electronics Specialists market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Appliances and Electronics Specialists in South Korea
Euromonitor International
April 2024
List Of Contents And Tables
APPLIANCES AND ELECTRONICS SPECIALISTS IN SOUTH KOREA
KEY DATA FINDINGS
2023 DEVELOPMENTS
The struggle of appliances and electronics specialists
ETLAND launches the Land 500 paid membership programme
Lotte Hi-Mart’s strategic approach, with cost-effective private label home appliances
PROSPECTS AND OPPORTUNITIES
Apple expands with new stores in Korea which will help drive growth
LG Best Shop introduces home appliance subscription services
Lotte Hi-Mart’s comprehensive home appliance care services
CHANNEL DATA
Table 1 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Appliances and Electronics Specialists GBO Company Shares: % Value 2019-2023
Table 4 Appliances and Electronics Specialists GBN Brand Shares: % Value 2020-2023