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Small Cooking Appliances in South Korea

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    Report

  • 41 Pages
  • December 2023
  • Region: South Korea
  • Euromonitor International
  • ID: 1576525
Economic instability is reducing consumer spending on non-essential items such as small cooking appliances. Consumers are concerned about their financial situation and have become increasingly conscious of their expenditure, reducing their propensity to purchase new kitchen gadgets.

The Small Cooking Appliances 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 2018-2022, 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 2027 illustrate how the market is set to change.

Product coverage: Breadmakers, Coffee Machines, Coffee Mills, Electric Grills, Electric Steamers, Freestanding Hobs, Fryers, Kettles, Other Small Cooking Appliances, Rice Cookers, Slow Cookers.

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

Why buy this report?

  • Get a detailed picture of the Small Cooking Appliances 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

SMALL COOKING APPLIANCES IN SOUTH KOREAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Further drop in demand for small cooking appliances in South Korea
  • Multifunctional air fryers become increasingly prevalent
  • Volume sales of rice cookers and slow cookers decline as consumers spend greater time outside of the home
PROSPECTS AND OPPORTUNITIES
  • The rise of small cooking appliances with smart functionality
  • Small cooking appliances with greater emphasis on design to normalise over forecast period
  • Coffee machines become more specialised and premium
CATEGORY DATA
  • Table 1 Sales of Small Cooking Appliances by Category: Volume 2018-2023
  • Table 2 Sales of Small Cooking Appliances by Category: Value 2018-2023
  • Table 3 Sales of Small Cooking Appliances by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Small Cooking Appliances by Category: % Value Growth 2018-2023
  • Table 5 Sales of Freestanding Hobs by Format: % Volume 2018-2023
  • Table 6 NBO Company Shares of Small Cooking Appliances: % Volume 2019-2023
  • Table 7 LBN Brand Shares of Small Cooking Appliances: % Volume 2020-2023
  • Table 8 Distribution of Small Cooking Appliances by Format: % Volume 2018-2023
  • Table 9 Forecast Sales of Small Cooking Appliances by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Small Cooking Appliances by Category: Value 2023-2028
  • Table 11 Forecast Sales of Small Cooking Appliances by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Small Cooking Appliances by Category: % Value Growth 2023-2028
CONSUMER APPLIANCES IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Consumer appliances in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer appliances?
MARKET INDICATORS
  • Table 13 Household Penetration of Selected Total Stock Consumer Appliances by Category 2018-2024
  • Table 14 Replacement Cycles of Consumer Appliances by Category 2018-2024
MARKET DATA
  • Table 15 Sales of Consumer Appliances by Category: Volume 2018-2023
  • Table 16 Sales of Consumer Appliances by Category: Value 2018-2023
  • Table 17 Sales of Consumer Appliances by Category: % Volume Growth 2018-2023
  • Table 18 Sales of Consumer Appliances by Category: % Value Growth 2018-2023
  • Table 19 Sales of Major Appliances by Category and Built-in/Freestanding Split: Volume 2018-2023
  • Table 20 Sales of Major Appliances by Category and Built-in/Freestanding Split: Value 2018-2023
  • Table 21 Sales of Major Appliances by Category and Built-in/Freestanding Split: % Volume Growth 2018-2023
  • Table 22 Sales of Major Appliances by Category and Built-in/Freestanding Split: % Value Growth 2018-2023
  • Table 23 Sales of Small Appliances by Category: Volume 2018-2023
  • Table 24 Sales of Small Appliances by Category: Value 2018-2023
  • Table 25 Sales of Small Appliances by Category: % Volume Growth 2018-2023
  • Table 26 Sales of Small Appliances by Category: % Value Growth 2018-2023
  • Table 27 NBO Company Shares of Major Appliances: % Volume 2019-2023
  • Table 28 LBN Brand Shares of Major Appliances: % Volume 2020-2023
  • Table 29 NBO Company Shares of Small Appliances: % Volume 2019-2023
  • Table 30 LBN Brand Shares of Small Appliances: % Volume 2020-2023
  • Table 31 Distribution of Major Appliances by Format: % Volume 2018-2023
  • Table 32 Distribution of Small Appliances by Format: % Volume 2018-2023
  • Table 33 Forecast Sales of Consumer Appliances by Category: Volume 2023-2028
  • Table 34 Forecast Sales of Consumer Appliances by Category: Value 2023-2028
  • Table 35 Forecast Sales of Consumer Appliances by Category: % Volume Growth 2023-2028
  • Table 36 Forecast Sales of Consumer Appliances by Category: % Value Growth 2023-2028
  • Table 37 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: Volume 2023-2028
  • Table 38 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: Value 2023-2028
  • Table 39 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: % Volume Growth 2023-2028
  • Table 40 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: % Value Growth 2023-2028
  • Table 41 Forecast Sales of Small Appliances by Category: Volume 2023-2028
  • Table 42 Forecast Sales of Small Appliances by Category: Value 2023-2028
  • Table 43 Forecast Sales of Small Appliances by Category: % Volume Growth 2023-2028
  • Table 44 Forecast Sales of Small Appliances by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources