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 emphasis on technology and design. Consumers are increasingly interested in smart kitchen appliances that enhance convenience and cooking experiences. Additionally, the rise of health-conscious cooking trends is driving demand for energy-efficient and multifunctional cooking devices.
This report provides a thorough assessment of the South Korea household cooking appliances industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product, type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the household cooking appliances industry.
Market Segmentation
The South Korea household cooking appliances market is categorized into the following segments:
Product: hobs, ovens, cooker hoods, cookers
Type: builtin large cooking appliances, freestanding large cooking appliances
Distribution channel: supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, others
The South Korea household cooking appliances market is segmented by product, type and distribution channel. By product, it includes hobs, ovens, cooker hoods, and cookers. Type segments are divided into builtin large cooking appliances, and freestanding large cooking appliances. The distribution channel segmentation covers supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, and others.
Competitive Landscape
Within the competitive landscape, significant companies profiled in the report include The Samsung Group, SK Magic Co. Ltd., Schneider Consumer Group, Rinnai Corporation, Miele & Cie. KG, Lihom-Cuchen Co. Ltd., LG Corporation, Kusshand Co. Ltd., Hanssem Corporation, HAATZ Inc., Electrolux AB and Cuckoo Electronics Co. Ltd.
This comprehensive report analyzes the performance of leading companies in the household cooking appliances sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Korea household cooking appliances market.
Gain in-depth analysis and forecasts for the key segments of the South Korea household cooking appliances market: product, type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea household cooking appliances market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea household cooking appliances market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
South Korea Household Cooking Appliances Market – Product Analysis
South Korea Household Cooking Appliances Market – Type Analysis
South Korea Household Cooking Appliances Market – Distribution Channel Analysis
Key Players and Market Share
– The Samsung Group
– SK Magic Co., Ltd.
– Schneider Consumer Group
– Rinnai Corporation
– Miele & Cie. KG
– Lihom-Cuchen Co., Ltd.
– LG Corporation
– Kusshand Co., Ltd.
– Hanssem Corporation
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Korea Household Cooking Appliances Market 2019-2029
Chart South Korea Household Cooking Appliances Market, Net Growth, 2019-2029
Chart South Korea Household Cooking Appliances Market, Growth Rates, 2019-2029
Table South Korea Household Cooking Appliances Market by Product, 2019-2029
Chart South Korea Household Cooking Appliances Market by Product, CAGR Historic and Forecast, 2019-2029
Chart South Korea Household Cooking Appliances Market by Product, 2019-2029
Table South Korea Household Cooking Appliances Market by Type, 2019-2029
Chart South Korea Household Cooking Appliances Market by Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Household Cooking Appliances Market by Type, 2019-2029
Table South Korea Household Cooking Appliances Market by Distribution Channel, 2019-2029
Chart South Korea Household Cooking Appliances Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Korea Household Cooking Appliances Market by Distribution Channel, 2019-2029
Table South Korea Household Cooking Appliances Market Share (%), by Companies, 2019-2023
Chart South Korea Household Cooking Appliances Market, by Companies, 2023
Table South Korea Household Cooking Appliances Market Share (%), by Brands, 2019-2023
Chart South Korea Household Cooking Appliances Market, by Brands, 2023
Table South Korea – Population (Millions) and Forecast
Table South Korea – Consumer Price Index (CPI) and Forecast
Table South Korea – Gross Domestic Product and Forecast
Table South Korea Household Cooking Appliances Market: Spend as a Proportion of GDP (%)
Table South Korea Household Cooking Appliances Market: Consumption per Capita (Population)
Companies Mentioned
The Samsung Group
SK Magic Co., Ltd.
Schneider Consumer Group
Rinnai Corporation
Miele & Cie. KG
Lihom-Cuchen Co., Ltd.
LG Corporation
Kusshand Co., Ltd.
Hanssem Corporation
HAATZ Inc.
Electrolux AB
Cuckoo Electronics Co., Ltd.