1. Market Research
  2. > Consumer Goods Market Trends
Korean Home Furnishings Market: Size, Trends & Forecasts (2016-2020)

Korean Home Furnishings Market: Size, Trends & Forecasts (2016-2020)

  • June 2016
  • 65 pages
  • ID: 3912507
  • Format: PDF
  • By Daedal Research

Summary

Table of Contents

Search Inside

Scope of the Report

The report titled “Korean Home Furnishings Market: Size, Trends & Forecasts (2016-2020)”, provides an in-depth analysis of the Korean home furnishings market. The report also gives an insight of the Korean home furnishings market by segments.

Furthermore, it includes the analysis of the Korean furnishing market by branding and distribution channels along with the key opportunities in the market.

Growth of the overall Korean housing furnishings market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The competition in the Korean home furnishings market is fragmented with numerous individual non-brand furniture makers accounting for a large proportion of the total market. But due to the changing consumers’ preferences and increasing penetration of the branded furniture makers by partnering with local furniture makers, the Korean home furnishings market is dominated by the three big players, Hanssem Co. Ltd, Hyundai Livart Furniture Co. Ltd and Enex Co. Ltd.

Company Coverage

- Hanssem Co. Ltd.
- Hyundai Livart Furniture Co. Ltd.
- Enex Co. Ltd.

Executive Summary

The home furnishings refer to the category of products which occupy the physical ambience of a house and make it worthy to live in. The items of home furnishings include furniture, upholstery, carpets, bedding and wall coverings, and soft home furnishings such as bedspreads, linens, tablecloth , etc. The home furnishings market can be segmented into furniture market and home furniture accessories market. Home furnishings retailers include national chains and independent stores. The retailers over a time period change displays and product mix to reflect seasonal variations in demand of home furnishings.

The Korean home furnishings market is expected to increase at a significant CAGR during the years 2016-2020. The Korean home furnishings market is expected to increase due to growth in real demand for houses for living purpose than investment purpose, increased interest in cooking, growing housing market of Korea, rising supply of houses and increasing 1-2 member households, etc. Yet the market faces some challenges such as, volatile macro economic factors, oversupply of houses and increasing aging population.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
US Home Furniture Market - Growth, Trends and Forecast (2020 - 2025)

US Home Furniture Market - Growth, Trends and Forecast (2020 - 2025)

  • $ 3250
  • February 2020

One of drivers of the market is improving residential construction market. The real estate industry in the US is expected to drive the home furniture market for few years. This may be due to the increasing ...

Orthopedic Mattress Market - Global Outlook and Forecast 2020-2025

Orthopedic Mattress Market - Global Outlook and Forecast 2020-2025

  • $ 3500
  • February 2020

The orthopedic mattress market is expected to grow at a CAGR of over 2% during the period 2019–2025.The following factors are likely to contribute to the growth of the orthopedic mattress market during ...

Foldable Furniture Market to 2027 - Global Analysis and Forecasts By Product ; Application ; Distribution Channel

Foldable Furniture Market to 2027 - Global Analysis and Forecasts By Product ; Application ; Distribution Channel

  • $ 4550
  • January 2020

The global foldable furniture market accounted for US$ 8.0 Bn in 2018 and is expected to grow at a CAGR of 6.8% over the forecast period 2019–2027, to account for US$ 14.4 Bn by 2027. The global foldable ...

Global Mattresses Industry $ 5600 February 2020

Home Furnishing Markets in China $ 4000 September 2019


ref:plp2016

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on