Category: Consumer Goods
South Korea Consumer Goods
-
Homeshopping in South Korea
... on digital devices, including televisions. The lifestyle change driven by the pandemic has meant that some products have experienced a sharp decline in demand, while others have benefited. Specifically, beauty and personal care homeshopping witnessed ... Read More
-
Discounters in South Korea
... its presence by opening close to 300 outlets across the country and started a franchise business in 2019. However, the conflict of interest with small business owners emerged as an issue, leading to the postponement ... Read More
-
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
-
Homeshopping in South Korea
... on digital devices, including televisions. The lifestyle change driven by the pandemic has meant that some products have experienced a sharp decline in demand, while others have benefited. Specifically, beauty and personal care homeshopping witnessed ... Read More
-
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
-
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
-
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
-
Supermarkets in South Korea
... e-commerce. More specifically, cooking ingredients and meals showed exceptionally strong growth in 2020, benefiting from this trend. While local consumers traditionally plan their grocery trips, the pandemic-driven home-cooking culture increased the frequency of meals prepared ... Read More
-
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
-
Retailing in South Korea
... home seclusion, recording another year of double-digit current value growth in 2021, while store-based retailing witnessed marginal growth, failing to recover to pre-pandemic levels due to the accelerated digital shift. Euromonitor International's Retailing in South ... Read More
-
Traditional Grocery Retailers in South Korea
... failing to differentiate from competitors in terms of attractiveness as a shopping destination, continued to experience declining value sales in 2021. The COVID-19 emergency fund, distributed to the majority of the population in September 2021, ... Read More
-
Traditional Grocery Retailers in South Korea
... failing to differentiate from competitors in terms of attractiveness as a shopping destination, continued to experience declining value sales in 2021. The COVID-19 emergency fund, distributed to the majority of the population in September 2021, ... Read More
-
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
-
Apparel and Footwear Specialist Retailers in South Korea
... by the pandemic as it was in other countries since store closures and restrictions on daily activities were not as severe. Remote working and studying policies were in place for a short period, while consumers ... Read More
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
Research Assistance
