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Beverages
South Korea Alcoholic Beverages Market 2024
The South Korea alcoholic beverages market is anticipated to witness significant growth, with an expected uptick of USD 16.1 billion, equating to a compound annual growth rate (CAGR) of about 6.1% in the coming years. In South Korea, the alcoholic beverages market is experiencing steady growth, with beer, soju, and whiskey being the most consum…
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Beverages
South Korea Energy and Sports Drinks Market 2024
The South Korea energy and sports drinks market is poised for moderate growth, projected to increase from USD 1,656.9 million in 2023 to USD 2,486.6 million by 2029, achieving a CAGR of 7% during the forecast period. In South Korea, the energy and sports drinks market is expanding as consumers, particularly the younger generation, adopt…
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Home Appliances
South Korea Fridges and Freezers Market 2024
The South Korea fridges and freezers market is on track for incremental growth of USD 1.5 billion, corresponding to a compound annual growth rate (CAGR) of nearly 4.1% throughout the forecast period of 2024 to 2029. South Korea’s fridges and freezers market is influenced by the growing preference for energy-efficient, high-performance refrigerators with advanced techno…
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Home Appliances
South Korea Laundry Appliances Market 2024
Insights reveal that the South Korea laundry appliances market is set for a healthy expansion, with an anticipated growth of USD 3.8 billion, corresponding to a compound annual growth rate (CAGR) of nearly 8.4% from 2024 to 2029. In South Korea, technological innovation is driving the home laundry appliances market. Consumers are increasingly opting for sm…
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Consumer Electronics
South Korea Wireless Headphones Market 2024
Anticipated to grow steadily, the South Korea wireless headphones market is expected to rise from USD 1,791.6 million in 2023 to USD 2,858.9 million by 2029, with a CAGR of 8.1% throughout the forecast period. South Korea’s wireless headphones market is growing rapidly due to the country’s tech-driven population and increasing smartphone adoption. Wireless headph…
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Home Appliances
South Korea Microwave Ovens Market 2024
A modest growth trajectory is forecasted for the South Korea microwave ovens market, with an expected increase of USD 38.2 million and a compound annual growth rate (CAGR) of roughly 3.5% from 2024 through 2029. South Korea’s microwave ovens market is experiencing growth due to the country’s fast-paced lifestyle and the increasing number of small…
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Home Appliances
South Korea Household Cooking Appliances Market 2024
The South Korea household cooking appliances market is projected to show slight growth, anticipated to rise from USD 1,481.6 million in 2023 to USD 1,929.4 million by 2029, reflecting a compound annual growth rate (CAGR) of 4.5% during the period from 2024 to 2029. The household cooking appliances market is characterized by a strong emphas…
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Beverages
South Korea Hot Drinks Market 2024
The market for hot drinks is set for moderate growth, with projections indicating an increase of USD 2.0 billion and a compound annual growth rate (CAGR) nearing 5.3% over the forecast period. In South Korea, the hot drinks market is influenced by a burgeoning coffee culture, with specialty coffee shops proliferating. The increasing focus on hea…
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Beverages
South Korea Sports Drinks Market 2024
Forecasted to grow at a moderate pace, the South Korea sports drinks market size is expected to reach USD 1,139.4 million by 2029, up from USD 759.2 million in 2023, resulting in a CAGR of 7%. In South Korea, sports drinks are popular among fitness enthusiasts and those with active lifestyles. The market sees strong…
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Personal Care Products
South Korea Personal Care Appliances Market 2024
The South Korea personal care appliances market is poised for moderate growth, projected to increase from USD 1,399.8 million in 2023 to USD 2,386.6 million by 2029, achieving a CAGR of 9.3% during the forecast period. The personal care appliances market in South Korea is driven by a strong culture of beauty and personal groomi…
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Home Appliances
South Korea Dishwashers Market 2024
The South Korea dishwashers market is on track for a substantial increase of USD 211.4 million, indicating a compound annual growth rate (CAGR) of roughly 7.8% during the forecast period from 2024 to 2029. South Korea’s advanced tech-savvy consumer base drives strong demand for smart and energy-efficient dishwashers. High urbanization rates and small household sizes…
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Leisure and Entertainment
South Korea Video Games and Consoles Market 2024
The latest estimates indicate that the South Korea video games and consoles market is expected to experience modest growth, with an incremental increase of USD 3.2 billion. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 4.6% during the forecast period from 2024 to 2029. South Korea’s leadership in eSp…