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Microwaves in South Korea

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    Report

  • 36 Pages
  • January 2025
  • Region: South Korea
  • Euromonitor International
  • ID: 1576493
In South Korea, microwaves are regarded as one of the most essential kitchen appliances, often prioritised as a first purchase for many households. This is especially true for single-person households, or individuals who do not cook elaborate meals frequently, where a microwave is indispensable for quick and easy meal preparation.

The Microwaves in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2020-2024, 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, format trends or distribution issues. Forecasts to 2029 illustrate how the market is set to change.

Product coverage: Built-in Microwaves, Freestanding Microwaves.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Microwaves 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.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Despite decline, microwaves remain attractive to single-person households
  • Multifunctional microwaves continue to be launched
  • Retail e-commerce accounts for a high share of sales
PROSPECTS AND OPPORTUNITIES
  • Sales expected to stagnate during the forecast period overall
  • Demand for microwaves will be driven by ready-to-heat meals and single-person households
CATEGORY DATA
  • Table 1 Sales of Microwaves by Category: Volume 2019-2024
  • Table 2 Sales of Microwaves by Category: Value 2019-2024
  • Table 3 Sales of Microwaves by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Microwaves by Category: % Value Growth 2019-2024
  • Table 5 Sales of Microwaves by Smart Appliances: % Volume 2020-2024
  • Table 6 NBO Company Shares of Microwaves: % Volume 2020-2024
  • Table 7 LBN Brand Shares of Microwaves: % Volume 2021-2024
  • Table 8 Distribution of Microwaves by Format: % Volume 2019-2024
  • Table 9 Production of Microwaves: Total Volume 2019-2024
  • Table 10 Forecast Sales of Microwaves by Category: Volume 2024-2029
  • Table 11 Forecast Sales of Microwaves by Category: Value 2024-2029
  • Table 12 Forecast Sales of Microwaves by Category: % Volume Growth 2024-2029
  • Table 13 Forecast Sales of Microwaves by Category: % Value Growth 2024-2029
CONSUMER APPLIANCES IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Consumer appliances in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer appliances?
MARKET INDICATORS
  • Table 14 Household Penetration of Selected Total Stock Consumer Appliances by Category 2019-2025
  • Table 15 Replacement Cycles of Consumer Appliances by Category 2019-2025
MARKET DATA
  • Table 16 Sales of Consumer Appliances by Category: Volume 2019-2024
  • Table 17 Sales of Consumer Appliances by Category: Value 2019-2024
  • Table 18 Sales of Consumer Appliances by Category: % Volume Growth 2019-2024
  • Table 19 Sales of Consumer Appliances by Category: % Value Growth 2019-2024
  • Table 20 Sales of Major Appliances by Category and Built-in/Freestanding Split: Volume 2019-2024
  • Table 21 Sales of Major Appliances by Category and Built-in/Freestanding Split: Value 2019-2024
  • Table 22 Sales of Major Appliances by Category and Built-in/Freestanding Split: % Volume Growth 2019-2024
  • Table 23 Sales of Major Appliances by Category and Built-in/Freestanding Split: % Value Growth 2019-2024
  • Table 24 Sales of Small Appliances by Category: Volume 2019-2024
  • Table 25 Sales of Small Appliances by Category: Value 2019-2024
  • Table 26 Sales of Small Appliances by Category: % Volume Growth 2019-2024
  • Table 27 Sales of Small Appliances by Category: % Value Growth 2019-2024
  • Table 28 NBO Company Shares of Major Appliances: % Volume 2020-2024
  • Table 29 LBN Brand Shares of Major Appliances: % Volume 2021-2024
  • Table 30 NBO Company Shares of Small Appliances: % Volume 2020-2024
  • Table 31 LBN Brand Shares of Small Appliances: % Volume 2021-2024
  • Table 32 Distribution of Major Appliances by Format: % Volume 2019-2024
  • Table 33 Distribution of Small Appliances by Format: % Volume 2019-2024
  • Table 34 Forecast Sales of Consumer Appliances by Category: Volume 2024-2029
  • Table 35 Forecast Sales of Consumer Appliances by Category: Value 2024-2029
  • Table 36 Forecast Sales of Consumer Appliances by Category: % Volume Growth 2024-2029
  • Table 37 Forecast Sales of Consumer Appliances by Category: % Value Growth 2024-2029
  • Table 38 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: Volume 2024-2029
  • Table 39 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: Value 2024-2029
  • Table 40 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: % Volume Growth 2024-2029
  • Table 41 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: % Value Growth 2024-2029
  • Table 42 Forecast Sales of Small Appliances by Category: Volume 2024-2029
  • Table 43 Forecast Sales of Small Appliances by Category: Value 2024-2029
  • Table 44 Forecast Sales of Small Appliances by Category: % Volume Growth 2024-2029
  • Table 45 Forecast Sales of Small Appliances by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources