Residential Washing Machine Market in South Korea 2021

January 2022 | 17 pages | ID: RD98B6E23E46EN
StrategyHelix Inc

Abstracts

Residential washing machines are the most widely used home appliances for cleaning and caring for clothes. The residential washing machine market in South Korea is poised to grow by US$ 866 million during 2021-2027, progressing at a CAGR of 4% during the forecast period, according to data and analytics company StrategyHelix. Rising consumer disposable income and living standards coupled with increasing urbanization, rising affordability of washing machines 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 residential washing machine. The South Korea residential washing machine market is segmented on the basis of product, technology, and distribution channel. By product, the residential washing machine market in South Korea has been segmented into dryers, fully automatic washing machines, semi-automatic washing machines, washer dryers. In 2020, the fully automatic washing machines segment made up the largest share of revenue generated by the residential washing machine market. Based upon technology, the residential washing machine market in South Korea is categorized into automatic, semi-automatic. On the basis of distribution channel, the residential washing machine market in South Korea has been segmented into supermarkets & hypermarkets, specialty stores, online retailing, others.

The report also includes the profiles of leading companies such as LG Corporation, The Samsung Group, Winia Group, Haier Group Corporation.

Report Scope
Product: dryers, fully automatic washing machines, semi-automatic washing machines, washer dryers
Technology: automatic, semi-automatic
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 residential washing machine 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. RESIDENTIAL WASHING MACHINE MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY PRODUCT

Dryers
Fully automatic washing machines
Semi-automatic washing machines
Washer dryers

PART 4. MARKET BREAKDOWN BY TECHNOLOGY

Automatic
Semi-automatic

PART 5. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL

Supermarkets & hypermarkets
Specialty stores
Online retailing
Others

PART 6. KEY COMPANIES

LG Corporation
The Samsung Group
Winia Group
Haier Group Corporation
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