Home & Garden Products in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the home & garden products market in South Korea Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the home & garden products market in South Korea Leading company profiles reveal details of key home & garden products market players’ global operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the South Korea home & garden products market with five year forecasts
Essential resource for top-line data and analysis covering the South Korea home & garden products market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
What was the size of the South Korea home & garden products market by value in 2015? What will be the size of the South Korea home & garden products market in 2020? What factors are affecting the strength of competition in the South Korea home & garden products market? How has the market performed over the last five years? What are the main segments that make up South Korea's home & garden products market?
The home & garden products market consists of gardening and outdoor living products, home improvement products, and homewares. Gardening and outdoor living includes garden buildings, manual and electric garden tools, garden utensils, outdoor living products (garden furniture, barbecues, ornaments), and plants and growing media (bulbs, compost, domestic fertilizer, flowering plants, seeds, shrubs and trees). Home improvement includes retail (not trade) sales of decorating materials (paint, varnish, wall tiles, wallpaper), Electricals hardware (alarms, light fittings, plugs, switches), hardware (brackets, locks, nails, bolts, nuts, etc.), other materials (adhesive, aggregates, boards, cement, doors, window frames, glass, bricks, timber, etc.), and manual and power tools. Homewares includes retail sales of home hardware (crockery, cutlery, glassware, rubbish bins, storage, mechanical utensils and home devices e.g. scales), lamps and lampshades, textiles and soft furnishings (bathroom textiles, beddings, cushions, futons, hammocks, mattresses, table linen, furniture covers, doormats), and window dressings (blinds, curtain poles, rails, curtains, hooks). Any currency conversions calculated using constant annual average 2015 exchange rates. The South Korean home & garden products market had total revenues of $21,540.6m in 2015, representing a compound annual growth rate (CAGR) of 4.0% between 2011 and 2015. The homewares segment was the market's most lucrative in 2015, with total revenues of $9,721.1m, equivalent to 45.1% of the market's overall value. IKEA entered the market in 2014 with its largest store globally and this is helping change the mentality towards home improvement and homewares as more consumers see them as affordable necessities. The interest in the market aroused by IKEA's entry is helping maintain growth momentum.