Household Products in South Korea
Summary
Household Products in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The household products market consists of the retail sale of textile washing products, paper products, dishwashing products, air fresheners, insecticides, toilet care, scouring products, furniture & floor polish, shoe polish. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The South Korean Household Products market had total revenues of $3,117.7 million in 2023, representing a compound annual growth rate (CAGR) of 1.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.2% between 2018 and 2023, to reach a total of 382.1 million units in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 0.8% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $3,237.1 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the household products market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the household products market in South Korea
- Leading company profiles reveal details of key household products market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea household products market with five year forecasts
- What was the size of the South Korea household products market by value in 2023?
- What will be the size of the South Korea household products market in 2028?
- What factors are affecting the strength of competition in the South Korea household products market?
- How has the market performed over the last five years?
- How large is South Korea’s household products market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the South Korean household products market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies market shares have suffered in the last 5 years (2018-2023)?
- 7.5. What are the most popular brands in the South Korean household products market?
- 8 Company Profiles
- 8.1. LG Corp
- 8.2. Kimberly-Clark Corp
- 8.3. Aekyung Industrial Co Ltd
- 8.4. The Procter & Gamble Co
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Korea household products market value: $ million, 2018-23
- Table 2: South Korea household products market volume: million units, 2018-23
- Table 3: South Korea household products market category segmentation: % share, by value, 2018-2023
- Table 4: South Korea household products market category segmentation: $ million, 2018-2023
- Table 5: South Korea household products market geography segmentation: $ million, 2023
- Table 6: South Korea household products market distribution: % share, by value, 2023
- Table 7: South Korea household products market value forecast: $ million, 2023-28
- Table 8: South Korea household products market volume forecast: million units, 2023-28
- Table 9: South Korea household products market share: % share, by value, 2023
- Table 10: LG Corp: key facts
- Table 11: LG Corp: Annual Financial Ratios
- Table 12: LG Corp: Key Employees
- Table 13: Kimberly-Clark Corp: key facts
- Table 14: Kimberly-Clark Corp: Annual Financial Ratios
- Table 15: Kimberly-Clark Corp: Key Employees
- Table 16: Kimberly-Clark Corp: Key Employees Continued
- Table 17: Aekyung Industrial Co Ltd: key facts
- Table 18: Aekyung Industrial Co Ltd: Annual Financial Ratios
- Table 19: Aekyung Industrial Co Ltd: Key Employees
- Table 20: The Procter & Gamble Co: key facts
- Table 21: The Procter & Gamble Co: Annual Financial Ratios
- Table 22: The Procter & Gamble Co: Key Employees
- Table 23: The Procter & Gamble Co: Key Employees Continued
- Table 24: South Korea size of population (million), 2019-23
- Table 25: South Korea gdp (constant 2005 prices, $ billion), 2019-23
- Table 26: South Korea gdp (current prices, $ billion), 2019-23
- Table 27: South Korea inflation, 2019-23
- Table 28: South Korea consumer price index (absolute), 2019-23
- Table 29: South Korea exchange rate, 2019-23
- List of Figures
- Figure 1: South Korea household products market value: $ million, 2018-23
- Figure 2: South Korea household products market volume: million units, 2018-23
- Figure 3: South Korea household products market category segmentation: $ million, 2018-2023
- Figure 4: South Korea household products market geography segmentation: % share, by value, 2023
- Figure 5: South Korea household products market distribution: % share, by value, 2023
- Figure 6: South Korea household products market value forecast: $ million, 2023-28
- Figure 7: South Korea household products market volume forecast: million units, 2023-28
- Figure 8: Forces driving competition in the household products market in South Korea, 2023
- Figure 9: Drivers of buyer power in the household products market in South Korea, 2023
- Figure 10: Drivers of supplier power in the household products market in South Korea, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the household products market in South Korea, 2023
- Figure 12: Factors influencing the threat of substitutes in the household products market in South Korea, 2023
- Figure 13: Drivers of degree of rivalry in the household products market in South Korea, 2023
- Figure 14: South Korea household products market share: % share, by value, 2023
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