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Homewares in South Korea

Homewares: In-depth Industry Report in South Korea

  • April 2018
  • 13 pages
  • ID: 898842
In this report:
In the forecast period, the fastest growth rate is expected to be seen by home furnishings, while gardening is expected to demonstrate an increasing growth rate compared with the review period performance.
The value sales gap between Hanssem and Ikea Korea in home furnishings widened from 2015; thus, Hanssem is expected to remain the leading player in the forecast period.

Summary

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Global homewares is anticipated to see only a slow positive value Compound annual growth rate at constant 2017 prices in the outlook period. The steadily decreasing number of baby boomers and slightly growing power of millennials will influence the performance of the category. Also, the increased cost of living will put pressure on clients' consumption behaviour. Recently, many clients became more willing to cook at home. Nevertheless, they tend not to buy big quantities of food for themselves, because various compani...

Euromonitor International's Homewares 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 2022 illustrate how market demand is anticipated to evolve in the medium-term

Product analysis:

Dining, Kitchen.

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 Homewares 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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