Household Goods in South Korea
Korean consumer spending was further on a rise in 2017, providing the main stimulus for further growth in production of household goods in the country. The increase in spending was mostly fuelled by consumers’ growing confidence and the healthy domestic economy. Over the year total consumption expenditure in the country rose by nearly 3% – the largest gain in six years, based on Bank of Korea data. Furthermore, together with rising healthy lifestyle trends, Koreans are becoming increasingly inte...
Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Household Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Product coverage: Furniture, Jewellery and Related Articles, Musical Instruments, Pens, Lighters, Umbrellas and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Household Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Product coverage: Furniture, Jewellery and Related Articles, Musical Instruments, Pens, Lighters, Umbrellas and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Household Goods market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
Headlines
Prospects
Strong Korean Economy Supports Domestic Demand for Industry's Products
Furniture Category Weakened by Underperforming Housing Market, While Interior Remodelling Retains High Demand
Struggling Korean Car Industry Weighs Down on Automotive Seating Manufacturers
Competitive Landscape
Industry Pressured by Chinese Rivals
Ikea Expands in South Korea, Hurting Local Furniture Makers
Industry Overview
Chart 1 Industry's Production Value 2002-2022, LCU million
Chart 2 Industry's Value Added 2012-2017, LCU million
Chart 3 Industry's Profits and Profit Margin 2012-2017, LCU million
Chart 4 Industry Structure by Category 2012-2017, LCU million
Chart 5 Sports Goods Production 2002-2022, LCU million
Chart 6 Furniture Production 2002-2022, LCU million
Chart 7 Pens, Lighters, Umbrellas and Other Personal Items Production 2002-2022, LCU million
Chart 8 Jewellery and Related Articles Production 2002-2022, LCU million
Chart 9 Toys and Games Production 2002-2022, LCU million
Chart 10 Absolute Growth by Category, LCU million
Industry's Cost Structure
Chart 11 Industry's Cost Structure 2012-2017, LCU million
Chart 12 Industry's Costs, LCU million
Trade
Chart 13 Imports, Exports and Trade Balance 2012-2017, LCU million
Chart 14 Exports by Category 2012-2017, LCU million
Chart 15 Exports by Country 2012-2017, LCU million
Chart 16 Imports by Category 2012-2017, LCU million
Chart 17 Imports by Country 2012-2017, LCU million
Market Structure
Chart 18 Market Structure 2012-2017, LCU million
Chart 19 Market Structure by Category 2012-2017, LCU million
Buyers
Chart 20 Market Structure by Buyer 2012-2017
Chart 21 Industry's Demand Structure 2012-2017
Firmographics
Chart 22 Employment Statistics and Productivity 2012-2017
Chart 23 Number of Companies by Company's Size 2012-2017
Chart 24 Firmographics Distribution by Revenue 2012-2017, % of total revenue
Chart 25 Industry Concentration 2012-2017, % share of total production value
Chart 26 Top Company Shares 2017, % of total production value
Chart 27 Top 5 Company Share Dynamics 2012-2017, % of total production value
Chart 28 Production Value Performance by Company 2012-2017
Industry's Context
Chart 29 Industry vs GDP Performance 2002-2022, % Y-O-Y growth
Chart 30 Household Goods vs Other Industries 2002-2022, LCU million
Chart 31 Industry Size by Region 2017, USD million
Chart 32 Household Goods in Asia Pacific 2002-2022, USD million
Prospects
Strong Korean Economy Supports Domestic Demand for Industry's Products
Furniture Category Weakened by Underperforming Housing Market, While Interior Remodelling Retains High Demand
Struggling Korean Car Industry Weighs Down on Automotive Seating Manufacturers
Competitive Landscape
Industry Pressured by Chinese Rivals
Ikea Expands in South Korea, Hurting Local Furniture Makers
Industry Overview
Chart 1 Industry's Production Value 2002-2022, LCU million
Chart 2 Industry's Value Added 2012-2017, LCU million
Chart 3 Industry's Profits and Profit Margin 2012-2017, LCU million
Chart 4 Industry Structure by Category 2012-2017, LCU million
Chart 5 Sports Goods Production 2002-2022, LCU million
Chart 6 Furniture Production 2002-2022, LCU million
Chart 7 Pens, Lighters, Umbrellas and Other Personal Items Production 2002-2022, LCU million
Chart 8 Jewellery and Related Articles Production 2002-2022, LCU million
Chart 9 Toys and Games Production 2002-2022, LCU million
Chart 10 Absolute Growth by Category, LCU million
Industry's Cost Structure
Chart 11 Industry's Cost Structure 2012-2017, LCU million
Chart 12 Industry's Costs, LCU million
Trade
Chart 13 Imports, Exports and Trade Balance 2012-2017, LCU million
Chart 14 Exports by Category 2012-2017, LCU million
Chart 15 Exports by Country 2012-2017, LCU million
Chart 16 Imports by Category 2012-2017, LCU million
Chart 17 Imports by Country 2012-2017, LCU million
Market Structure
Chart 18 Market Structure 2012-2017, LCU million
Chart 19 Market Structure by Category 2012-2017, LCU million
Buyers
Chart 20 Market Structure by Buyer 2012-2017
Chart 21 Industry's Demand Structure 2012-2017
Firmographics
Chart 22 Employment Statistics and Productivity 2012-2017
Chart 23 Number of Companies by Company's Size 2012-2017
Chart 24 Firmographics Distribution by Revenue 2012-2017, % of total revenue
Chart 25 Industry Concentration 2012-2017, % share of total production value
Chart 26 Top Company Shares 2017, % of total production value
Chart 27 Top 5 Company Share Dynamics 2012-2017, % of total production value
Chart 28 Production Value Performance by Company 2012-2017
Industry's Context
Chart 29 Industry vs GDP Performance 2002-2022, % Y-O-Y growth
Chart 30 Household Goods vs Other Industries 2002-2022, LCU million
Chart 31 Industry Size by Region 2017, USD million
Chart 32 Household Goods in Asia Pacific 2002-2022, USD million