Anticipated to grow steadily, the South Korea vacuum cleaners market is expected to rise from USD 1,145.1 million in 2023 to USD 1,807.1 million by 2029, with a CAGR of 7.9% throughout the forecast period. South Korea’s vacuum cleaner market is driven by high-tech advancements and the growing demand for convenience in daily chores. As a highly urbanized society, South Korea sees rapid adoption of robotic and cordless vacuum cleaners, particularly among busy professionals and tech-savvy consumers. Additionally, the strong focus on home cleanliness and hygiene is propelling demand for advanced filtration systems that cater to allergen control and air quality, especially in high-pollution urban areas like Seoul. The increasing popularity of smart homes also drives the adoption of IoT-enabled vacuum cleaners that offer enhanced user experience and convenience.
The report provides a comprehensive analysis of the South Korea vacuum cleaners industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, technology and distribution channel. The insights gained from this evaluation help reveal the growth potential within the vacuum cleaners sector.
Market Segmentation
The segmentation of the South Korea vacuum cleaners market is outlined below:
Product type: regular vacuum cleaners (cylinder/canister vacuum cleaners, handheld vacuum cleaners, stick vacuum cleaners, steam vacuum cleaners), robot vacuum cleaners
Technology: smart, non-smart
Distribution channel: supermarkets and hypermarkets, department stores, electronics and appliance stores, e-commerce, others
In South Korea, the vacuum cleaners market is segmented by product type, technology and distribution channel. By product type, the market features regular vacuum cleaners (cylinder/canister vacuum cleaners, handheld vacuum cleaners, stick vacuum cleaners, steam vacuum cleaners), and robot vacuum cleaners. Technology segments encompass smart, and non-smart. Distribution channel segmentation comprises supermarkets and hypermarkets, department stores, electronics and appliance stores, e-commerce, and others.
Competitive Landscape
The report highlights leading companies in the vacuum cleaners market, including Yujin Robot Co. Ltd., Xiaomi Corporation, Versuni Holding B.V., The Samsung Group, Suzhou Dibea Electrical Technology Co. Ltd., Stanley Black & Decker Inc., SK Magic Co. Ltd., Shinil Electronics Co. Ltd., Miele & Cie. KG, LG Corporation, Groupe SEB, Electrolux AB, Dyson Limited and Beijing Roborock Technology Co. Ltd. (Roborock Company).
This report presents an extensive analysis of major entities in the vacuum cleaners market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Korea vacuum cleaners market.
Gain in-depth analysis and forecasts for the key segments of the South Korea vacuum cleaners market: product type, technology 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 vacuum cleaners market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea vacuum cleaners 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 Vacuum Cleaners Market – Product Type Analysis
South Korea Vacuum Cleaners Market – Technology Analysis
South Korea Vacuum Cleaners Market – Distribution Channel Analysis
Key Players and Market Share
– Yujin Robot Co., Ltd.
– Xiaomi Corporation
– Versuni Holding B.V.
– The Samsung Group
– Suzhou Dibea Electrical Technology Co., Ltd.
– Stanley Black & Decker, Inc.
– SK Magic Co., Ltd.
– Shinil Electronics Co., Ltd.
– Miele & Cie. KG
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Korea Vacuum Cleaners Market 2019-2029
Chart South Korea Vacuum Cleaners Market, Net Growth, 2019-2029
Chart South Korea Vacuum Cleaners Market, Growth Rates, 2019-2029
Table South Korea Vacuum Cleaners Market by Product Type, 2019-2029
Chart South Korea Vacuum Cleaners Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Vacuum Cleaners Market by Product Type, 2019-2029
Table South Korea Vacuum Cleaners Market by Technology, 2019-2029
Chart South Korea Vacuum Cleaners Market by Technology, CAGR Historic and Forecast, 2019-2029
Chart South Korea Vacuum Cleaners Market by Technology, 2019-2029
Table South Korea Vacuum Cleaners Market by Distribution Channel, 2019-2029
Chart South Korea Vacuum Cleaners Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Korea Vacuum Cleaners Market by Distribution Channel, 2019-2029
Table South Korea Vacuum Cleaners Market Share (%), by Companies, 2019-2023
Chart South Korea Vacuum Cleaners Market, by Companies, 2023
Table South Korea Vacuum Cleaners Market Share (%), by Brands, 2019-2023
Chart South Korea Vacuum Cleaners 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 Vacuum Cleaners Market: Spend as a Proportion of GDP (%)
Table South Korea Vacuum Cleaners Market: Consumption per Capita (Population)
Companies Mentioned
Yujin Robot Co., Ltd.
Xiaomi Corporation
Versuni Holding B.V.
The Samsung Group
Suzhou Dibea Electrical Technology Co., Ltd.
Stanley Black & Decker, Inc.
SK Magic Co., Ltd.
Shinil Electronics Co., Ltd.
Miele & Cie. KG
LG Corporation
Groupe SEB
Electrolux AB
Dyson Limited
Beijing Roborock Technology Co., Ltd. (Roborock Company)