Category: Consumer Goods
South Korea Consumer Goods
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South Korea Probiotic Cosmetics Market 2024-2027 -DataM
... the forecast period (2024-2027). One of the prominent trends in the South Korean probiotic cosmetics market is the growing consumer preference for natural and organic skincare products. This shift is aligned with a broader movement ... Read More
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Dishwashing in South Korea
... over a decade. This reflects the increasing penetration of dishwashers in households, which has gradually reduced the reliance on hand dishwashing products. As a result, consumer demand within this traditionally dominant category has begun to ... Read More
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Laundry Care in South Korea
... categories achieving double-digit value growth. Despite a slight deceleration in their growth rates compared with the previous year, both continued to demonstrate robust performances. The sustained interest in these products reflects the shifting consumer preference ... Read More
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Polishes in South Korea
... more casual lifestyles. The traditional culture of wearing formal attire and dress shoes to work has gradually been replaced by a preference for casual and comfortable clothing. As a result, fewer individuals rely on formal ... Read More
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Home Insecticides in South Korea
... chemicals, may pose health risks or environmental harm. As consumers have become more conscious of the ingredients in household products, demand for traditional home insecticides dropped. Leading brands managed to offset some of the volume ... Read More
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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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Surface Care in South Korea
... As both individuals and businesses are placing greater importance on cleanliness and sanitation, there has been a surge in demand for surface care products to maintain a hygienic and safe environment. Euromonitor International's Surface Care ... Read More
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Bleach in South Korea
... particularly in the wake of the COVID-19 pandemic. As the demand for disinfectant products remains strong, bleach continues to play a crucial role in households across South Korea. Bleach, which is renowned for its powerful ... 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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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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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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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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