Category: Consumer Goods & Retailing
South Korea Consumer Goods & Retailing
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Home Care in South Korea
... released by Statistics Korea, consumer prices rose by 2.3% in 2024 compared with the previous year. This marked the lowest increase in four years, nearing the government’s inflation stabilisation target of 2%. It is worth ... Read More
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Toilet Care in South Korea
... value sales. This robust performance was primarily fuelled by the rising popularity of disposable all-in-one products, which are designed for single-use convenience, and can be easily discarded in the toilet after use. These affordable and ... Read More
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Air Care in South Korea
... COVID-19 pandemic, heightened awareness of hygiene and concerns about airborne viruses drove significant value growth for air care. However, by 2024, the category had already expanded substantially, leaving limited room for further growth, and stabilisation ... Read More
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Dishwashers in South Korea
... recession. The high inflation environment, coupled with the increasing price sensitivity of consumers, has led to a slowdown in demand for high-priced consumer appliances such as dishwashers. Many of the consumers who had the intention ... Read More
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Home Laundry Appliances in South Korea
... forward. In addition, sales were affected by rising inflation and economic uncertainty. As consumers became more price-sensitive, many cut back on purchasing non-essential major appliances, causing a noticeable downturn in demand. However, home laundry appliances ... Read More
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Large Cooking Appliances in South Korea
... during the pandemic, this is due to the economic downturn, and a slowdown in the real estate market. Some consumers are opting to continue using their existing appliances, driven by the rising cost of living ... Read More
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Microwaves in South Korea
... individuals who do not cook elaborate meals frequently, where a microwave is indispensable for quick and easy meal preparation. Despite the expectation of retail volume decline for microwaves in South Korea in 2024, due to ... Read More
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Air Treatment Products in South Korea
... cooling category, which includes air conditioners, air coolers, and cooling fans, although still expected to see a slight decline, is set to perform better than in the previous year. This is largely due to the ... Read More
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Bags and Luggage in South Korea
... return to the pre-pandemic (2019) level. Although luxury handbags is expected to maintain retail volume and current value growth in 2024, the rate of increase is set to slow compared with the peak of revenge ... Read More
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Personal Accessories in South Korea
... price rises and the strength of luxury sales. While the economic downturn initially seemed to reduce luxury sales at department stores, recent trends show a rebound, particularly for watches and jewellery. Although luxury bags is ... Read More
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Consumer Appliances in South Korea
... from 2022, purchasing power significantly weakened, and demand noticeably dropped, and this declining trend is expected to be maintained in 2024, although sales are set to remain above the pre-pandemic (2019) level. Many consumers no ... Read More
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Refrigeration Appliances in South Korea
... of decline is expected to slow in 2024 compared with the previous year, the category continues to face challenges due to the ongoing economic downturn. In addition, during COVID-19 there was a significant increase in ... Read More
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Vacuum Cleaners in South Korea
... robotic vacuum cleaners is set to grow by 5%, once again serving as the key growth category. Standard vacuum cleaners is projected to decline across all categories, reflecting the maturity of this segment, which has ... Read More
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Food Preparation Appliances in South Korea
... with juice extractors expected to show the steepest decline, in a consistent trend. This decline can be largely attributed to the impact of inflation, which has weakened consumer sentiment and made people more cautious about ... Read More
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Writing Instruments in South Korea
... of writing instruments as daily necessities may be coming to an end, along with the rising use of smartphones, computers, and tablets; a trend common across all countries. In particular, as online classes have expanded, ... Read More
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Traditional and Connected Watches in South Korea
... traditional watches and connected watches. Within traditional watches, although mechanical watches accounts for the majority of sales, the preference for these watches continues to increase, with this category set to see the strongest retail current ... Read More
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Personal Care Appliances in South Korea
... appliances has grown as more people are engaging in activities outside the home, despite ongoing economic challenges. While volume growth is anticipated to be modest, at a single-digit rate, a double-digit increase is expected in ... Read More
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Small Cooking Appliances in South Korea
... better than many other consumer appliances categories. The fall in sales is expected to continue, largely due to the economic downturn, which has led many consumers to view these products as non-essential. Unless their existing ... Read More
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Jewellery in South Korea
... jewellery. To compete with Chinese e-commerce platforms such as Alibaba and Temu, local platforms are avoiding the low-cost market and focusing on premium lines, with this particularly impacting jewellery. With department stores saturated, and independently ... Read More
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3D Rendering Market in Korea (Republic of)
... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More
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Cloud TV Market in Korea (Republic of)
... growth patterns, and forecasts spanning the years 2021 to 2029. Gain insights into a comprehensive understanding of the industry landscape. Please note: the online download version of this report is for a global site license. Read More
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World Textile And Apparel Trade And Production Trends: China, Japan, South Korea And Taiwan, February 2025
... and clothing production; textile and clothing imports by importing country and supplying country; and textile and clothing exports by exporting country and destination country. Also, it discusses industry strategy and provides an outlook for the ... Read More
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South Korea Cigarettes - Market Assessment and Forecasts to 2028
... South Korean cigarette category is expected to grow in value and decline in terms of volume. Convenience stores was the leading channel in the distribution of cigarettes in the country. Korea Tobacco & Ginseng Corporation ... Read More
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Scuba Diving Equipment Market in South Korea 2025-2029
... period. The report on the scuba diving equipment market in south korea provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The ... Read More
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Apparel Accessories in South Korea
... be noted that there was a reason for this previous crash in volume sales, as early 2023 saw the complete lifting of South Korea’s pandemic-related mask mandate for both indoor and outdoor environments, thus meaning ... Read More
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