Household Cooking Appliances Market in South Korea 2021

January 2022 | 19 pages | ID: HC520FB5910FEN
StrategyHelix Inc

Abstracts

Household cooking appliances include cooker hoods, cooktops, ovens, and range cookers. These products are available in either freestanding or built-in models. According to StrategyHelix, the household cooking appliances market in South Korea is expected to increase by US$ 374 million during 2021-2027, expanding at a CAGR of 4% during the forecast period. Rising consumer disposable income and living standards coupled with increasing urbanization, rising affordability household kitchen appliances on e-commerce websites are expected to boost the market growth in the coming years.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for household cooking appliances. The South Korea household cooking appliances market is segmented on the basis of structure, product, and distribution channel. Based on structure, the household cooking appliances market in South Korea is categorized into built-in, freestanding. The freestanding segment held the largest share of the South Korea household cooking appliances market in 2020 and is anticipated to hold its share during the forecast period. On the basis of product, the household cooking appliances market in South Korea has been segmented into cooker hoods, cooktops, ovens, range cookers. In South Korea, the cooktops segment made up the largest share of the household cooking appliances market. By distribution channel, the household cooking appliances market in South Korea has been segmented into supermarkets & hypermarkets, specialty stores, online retailing, others.

The South Korea household cooking appliances market is highly competitive. Key companies profiled in the report include HAATZ Inc., SK Magic Co. Ltd., The Samsung Group, LG Corporation, Rinnai Corporation, NTEC Co. Ltd., Lihom-Cuchen Co. Ltd., Kusshand Co. Ltd.

Report Scope
Structure: built-in, freestanding
Product: cooker hoods, cooktops, ovens, range cookers
Distribution channel: supermarkets & hypermarkets, specialty stores, online retailing, others
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the South Korea household cooking appliances market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment

Contents

PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. HOUSEHOLD COOKING APPLIANCES MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY STRUCTURE

Built-in
Freestanding

PART 4. MARKET BREAKDOWN BY PRODUCT

Cooker hoods
Cooktops
Ovens
Range cookers

PART 5. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL

Supermarkets & hypermarkets
Specialty stores
Online retailing
Others

PART 6. KEY COMPANIES

HAATZ Inc.
SK Magic Co., Ltd.
The Samsung Group
LG Corporation
Rinnai Corporation
NTEC Co., Ltd.
Lihom-Cuchen Co., Ltd.
Kusshand Co., Ltd.
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