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Residential Washing Machine Market in South Korea 2021
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 set to grow by US$ 866 million during 2021-2027, growing at a compound annual growth rate (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, distribution channel. By product, it is categorized into dryers, fully automatic washing machines, semi-automatic washing machines, and washer dryers. The fully automatic washing machines segment held the largest market share in 2020. By technology, the residential washing machine market is divided into automatic, and semi-automatic. Based on distribution channel, the residential washing machine market is divided into supermarkets & hypermarkets, specialty stores, online retailing, and others.
The report has profiled some of the key players of the market such as LG Corporation, The Samsung Group, Winia Group, Haier Group Corporation.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the residential washing machine market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Product: dryers, fully automatic washing machines, semi-automatic washing machines, and washer dryers
Technology: automatic, and semi-automatic
Distribution channel: supermarkets & hypermarkets, specialty stores, online retailing, and 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
Pinpoint growth sectors and trends for investment
Understand what the future of the residential washing machine market in South Korea looks like
Identify the competitive landscape and window of opportunity
Table of Contents
1. Market Definition
2. Research Methodology
3. Market Data & Outlook
3.1 Market Value
3.2 Market Value Forecast
4. Residential Washing Machine Market by Product
4.2 Fully Automatic Washing Machines
4.3 Semi-Automatic Washing Machines
4.4 Washer Dryers
5. Residential Washing Machine Market by Technology
6. Residential Washing Machine Market by Distribution Channel
6.1 Supermarkets & Hypermarkets
6.2 Specialty Stores
6.3 Online Retailing
7. Company Profiles
7.1 LG Corporation
7.2 The Samsung Group
7.3 Winia Group
7.4 Haier Group Corporation
8.1 About StrategyHelix
5 November 2021