Category: Consumer Goods & Retailing
South Korea Consumer Goods & Retailing
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Home and Garden Specialist Retailers in South Korea
... specialist retailers. Homewares and home furnishings particularly benefited, as the home-cooking trend and remote working measures became part of South Koreans’ newly-developed lifestyles. Although the shift towards e-commerce took a share of growing demand from ... Read More
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Department Stores in South Korea
... local consumers have spent disposable income saved from such leisure activities on luxury goods. For instance, luxury brands such as Louis Vuitton and Christian Dior recorded double-digit revenue growth in 2020 despite the closure of ... Read More
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Electronics and Appliance Specialist Retailers in South Korea
... sales of air conditioners, especially window air conditioners that are more affordable and easier to install than traditional air conditioners. In addition, as household chores increased due to the home-cooking culture which widely spread as ... Read More
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Food and Drink E-Commerce in South Korea
... Korea’s vaccination programme gradually instilled a greater sense of confidence amongst local consumers to spend time outside of the home towards the end of 2021, their habit changes in terms of food consumption, which has ... Read More
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Convenience Stores in South Korea
... areas where convenience stores are densely located. Consumers’ growing preference for ordering heavy grocery items from online grocery platforms while purchasing smaller items from nearby convenience stores also played a key role. Euromonitor International's Convenience ... Read More
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Mobile E-Commerce (Goods) in South Korea
... to the pandemic, in 2021, South Korea maintained its position as one of the most mobile-savvy countries in the world. Among the various factors driving the continued growth of mobile shopping, enhanced digital literacy amongst ... Read More
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Variety Stores in South Korea
... waves of the virus. Aside from the core value proposition offered by variety stores, providing household goods at low prices, the channel also benefited from the growing demand for home décor and indoor hobbies as ... Read More
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Warehouse Clubs in South Korea
... 2020. Due to the continued social distancing measures, local consumers have spent greater time at home than usual and reduced their visits to crowded shopping centres, leading to bulk purchases of grocery items. Consequently, warehouse ... Read More
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E-Commerce (Goods) in South Korea
... closure of retail stores, many consumers continued to prefer online shopping rather than quickly returning to physical stores. Older consumers, who were one of the major drivers of the previous year’s accelerated demand for online ... Read More
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Electronics and Appliance Specialist Retailers in South Korea
... sales of air conditioners, especially window air conditioners that are more affordable and easier to install than traditional air conditioners. In addition, as household chores increased due to the home-cooking culture which widely spread as ... Read More
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Health and Beauty Specialist Retailers in South Korea
... at the end of the review period due to intense competition from drugstores and e-commerce players. The performance of beauty specialist retailers has plunged since 2017 as the popularity of standalone cosmetics stores that tend ... Read More
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Direct Selling in South Korea
... the rapid growth of e-commerce. Continued restrictions on in-person sales activities due to social distancing has also hindered direct selling from making a more rapid recovery. Although the government introduced its plan to ease the ... Read More
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Suncare in South Korea - Market Summary, Competitive Analysis and Forecast, 2016-2025
... and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The suncare market consists of the retail sale ... Read More
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South Korea Male Toiletries Market Summary, Competitive Analysis and Forecast, 2016-2025
... The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The male toiletries market consists of retail sales of aftershaves & colognes, ... Read More
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Oral Hygiene in South Korea - Market Summary, Competitive Analysis and Forecast, 2016-2025
... to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The oral hygiene market consists of retail sales of breath ... Read More
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Skincare in South Korea - Market Summary, Competitive Analysis and Forecast to 2025
... 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The skincare market consists of the retail ... Read More
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South Korea Pet Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... COVID-19 pandemic resulted in supply chain disruptions across the world, which led to low exports and imports of pet food. Online pet food sales increased as consumers are forced to consolidate their shopping trips due ... Read More
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South Korea Beauty and Personal Care Products Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 5.22% during the forecast period (2021-2026). The COVID-19 outbreak in South Korea has had varying impacts across the beauty and personal care market. Mass beauty and personal care have benefitted, with consumers trading down from ... Read More
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South Korea Retail Sector - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... South Korean retail industry is one of the largest markets among the Asian countries. Modern retail businesses, such as hypermarkets, grocery supermarkets, convenience stores, and online retailing, have rapidly grown over the years in comparison ... Read More
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South Korea Sportswear (Clothing, Footwear and Accessories) Market Size, Channel and Segments Analytics, Brand Value and Forecast, 2020-2025
... Korea. It illustrates the data with charts, graphs and tables summarizing the value and volume trends, with category details in sportswear. The forecasts include the impact of COVID-19 on growth. The databook also reveals major ... Read More
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South Korea Office Furniture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... a rise in the number of start-ups and home offices, coupled with increasing per capita income of individuals. Office furniture includes furniture pieces, such as desks, office chairs, storage cabinets, and other items, which are ... Read More
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South Korea Hair Care Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Key Highlights Salon professional hair care in South Korea is becoming more consumer-friendly, by expanding its retail coverage and frequently introducing new products. Consumers believe salon professional hair care can satisfy more detailed concerns regarding ... Read More
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South Korea Travel Retail Market - Growth, Trends, Covid-19 Impact, and Forecasts (2022 - 2027)
... as well as increasing numbers of Chinese and Japanese travelers. With a strong downtown retail presence, Korea’s travel retail market is focused on beauty, cosmetics, and fashion products. While increasingly affluent Mainland Chinese travelers have ... Read More
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South Korea Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... South Korea increased at a CAGR of 9.3% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 7.9%, increasing from US$24.51 billion in 2022 to ... Read More
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South Korea Battery Power Tools Market by Motor Type (Brushed and Brushless) Tool Type (Drills, Saws, Lawn Mower, Impact Wrench, Angle Grinder, and Other) and Application (Industrial and DIY): Opportunity Analysis and Industry Forecast, 2021–2030
... The South Korea battery power tools market was valued at $141.1 million in 2020, and is projected to reach $351.2 million by 2030, registering a CAGR of 9.5% from 2021 to 2030. The South Korea ... Read More
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