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Food Preparation Appliances in South Korea

Publisher Euromonitor International
Published Jan 15, 2025
Length 39 Pages
SKU # EP19505249

Description

Food Preparation Appliances in South Korea


Food preparation appliances in South Korea faced steady declines in both retail volume and current value terms in 2022 and 2023, and this is set to continue in 2024, with juice extractors expected to show the steepest decline, in a consistent trend. This decline can be largely attributed to the impact of inflation, which has weakened consumer sentiment and made people more cautious about their spending. As a result, consumers have been hesitant to purchase non-essential products.

Euromonitor International's Food Preparation 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 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: Blenders, Food Processors, Juice Extractors, Mixers, Other Food Preparation Appliances.

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

Why buy this report??
* Get a detailed picture of the Food Preparation 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

39 Pages
Food Preparation Appliances in South Korea
Euromonitor International
January 2025
List Of Contents And Tables
FOOD PREPARATION APPLIANCES IN SOUTH KOREA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Another year of decline for food preparation appliances
Increasing number of single-person households negatively impacts sales
Rising demand for multifunctionality in food preparation appliances in South Korea
PROSPECTS AND OPPORTUNITIES
Blenders in a ultra high speed performance competition
Wireless blenders that maximise convenience expected to continue being released
Small products designed for single person households expected to continue
CATEGORY DATA
Table 1 Sales of Food Preparation Appliances by Category: Volume 2019-2024
Table 2 Sales of Food Preparation Appliances by Category: Value 2019-2024
Table 3 Sales of Food Preparation Appliances by Category: % Volume Growth 2019-2024
Table 4 Sales of Food Preparation Appliances by Category: % Value Growth 2019-2024
Table 5 NBO Company Shares of Food Preparation Appliances: % Volume 2020-2024
Table 6 LBN Brand Shares of Food Preparation Appliances: % Volume 2021-2024
Table 7 Distribution of Food Preparation Appliances by Format: % Volume 2019-2024
Table 8 Forecast Sales of Food Preparation Appliances by Category: Volume 2024-2029
Table 9 Forecast Sales of Food Preparation Appliances by Category: Value 2024-2029
Table 10 Forecast Sales of Food Preparation Appliances by Category: % Volume Growth 2024-2029
Table 11 Forecast Sales of Food Preparation Appliances 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 12 Household Penetration of Selected Total Stock Consumer Appliances by Category 2019-2025
Table 13 Replacement Cycles of Consumer Appliances by Category 2019-2025
MARKET DATA
Table 14 Sales of Consumer Appliances by Category: Volume 2019-2024
Table 15 Sales of Consumer Appliances by Category: Value 2019-2024
Table 16 Sales of Consumer Appliances by Category: % Volume Growth 2019-2024
Table 17 Sales of Consumer Appliances by Category: % Value Growth 2019-2024
Table 18 Sales of Major Appliances by Category and Built-in/Freestanding Split: Volume 2019-2024
Table 19 Sales of Major Appliances by Category and Built-in/Freestanding Split: Value 2019-2024
Table 20 Sales of Major Appliances by Category and Built-in/Freestanding Split: % Volume Growth 2019-2024
Table 21 Sales of Major Appliances by Category and Built-in/Freestanding Split: % Value Growth 2019-2024
Table 22 Sales of Small Appliances by Category: Volume 2019-2024
Table 23 Sales of Small Appliances by Category: Value 2019-2024
Table 24 Sales of Small Appliances by Category: % Volume Growth 2019-2024
Table 25 Sales of Small Appliances by Category: % Value Growth 2019-2024
Table 26 NBO Company Shares of Major Appliances: % Volume 2020-2024
Table 27 LBN Brand Shares of Major Appliances: % Volume 2021-2024
Table 28 NBO Company Shares of Small Appliances: % Volume 2020-2024
Table 29 LBN Brand Shares of Small Appliances: % Volume 2021-2024
Table 30 Distribution of Major Appliances by Format: % Volume 2019-2024
Table 31 Distribution of Small Appliances by Format: % Volume 2019-2024
Table 32 Forecast Sales of Consumer Appliances by Category: Volume 2024-2029
Table 33 Forecast Sales of Consumer Appliances by Category: Value 2024-2029
Table 34 Forecast Sales of Consumer Appliances by Category: % Volume Growth 2024-2029
Table 35 Forecast Sales of Consumer Appliances by Category: % Value Growth 2024-2029
Table 36 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: Volume 2024-2029
Table 37 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: Value 2024-2029
Table 38 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: % Volume Growth 2024-2029
Table 39 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: % Value Growth 2024-2029
Table 40 Forecast Sales of Small Appliances by Category: Volume 2024-2029
Table 41 Forecast Sales of Small Appliances by Category: Value 2024-2029
Table 42 Forecast Sales of Small Appliances by Category: % Volume Growth 2024-2029
Table 43 Forecast Sales of Small Appliances by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

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