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Home Furnishings in South Korea

Home Furnishings: In-depth Industry Report in South Korea

  • May 2017
  • 23 pages
  • ID: 898830
In this report:
The group also introduced a new brand of its own under the name of Maison Ticia which takes up ##,## square metres of floor space within the mall.
With the intensive supply of new apartment constructions from 2014 up to 2018, the housing prices are expected to fall and the interest rate for household debt is moving upwards at the same time.


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Home furnishings is the most active category in home and garden in South Korea (KR). Since 2015, with the active influence of Ikea as a turning point, the local interest in home furnishings and interior decoration has risen significantly. The aggressive marketing efforts from the leading domestic actors added to the boom of the home furnishing trend, which continued throughout 2016.

Euromonitor International's Home Furnishings in South Korea report presents a comprehensive guide to the size and shape of market demand at a national level. It offers the recent retail sales data, permitting you to recognize the categories driving growth. It also determines the dominant firms and their brands, and presents a strategic overview of top factors influencing demand - from additional product developments, consumer lifestyles, route to market and pricing issues. Projections to 2021 illustrate how market demand is anticipated to evolve in the medium-term

Product analysis:

Indoor Living, Lighting, Outdoor Living.

Data analysis:

market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

Get an in-depth picture of the Home Furnishings market;

Point out growth segments and apprehend elements driving change;

Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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