Press release
South Korea Kitchen Appliance Market Growth, Size, Share, Industry Report and Forecast 2020-2026
The South Korea kitchen appliances market is anticipated to grow with a significant CAGR of 6.2% during the forecast period (2020-2026). High disposable income, high brand awareness, and significant adoption of smart appliances are some of the major factors augmenting the market growth in the country. A large share of the market is covered by domestic companies that are Samsung Electronics Co. Ltd., and LG Electronics Inc. Both offers a wide range of product offering and regularly launch new product ranges in order to maintain the market share.Request a Free Sample of our South Korea Kitchen Appliance Market: https://www.omrglobal.com/request-sample/south-korea-kitchen-appliances-market
For instance, in October 2020, LG introduced a new home appliance line LG Objet Collection in Seoul with enhanced customization options. LG Objet Collection allows a buyer to select their colors and materials for home appliances with which synchronization can be made with the interior design of a place. Initially, the company is offering 11 products under the LG Objet Collection brand which include refrigerators, a dishwasher, a light wave oven, a washer-dryer combo, and a clothing refresher, and the lineup is expected to expand in the future. A customer can select 13 colors with 145 design combinations for a three-door bottom-freezer refrigerator. Moreover, lightwave oven, water purifier, and dishwasher are compatible with each other through the company’s IoT platform, LG ThinQ. In the same month, the company has gone into a deal with Italian luxury furniture maker Molteni&C S.P.A. For the next three years, both the companies will be involved in marketing, and product development related to LG Signature home appliances, Molteni&C residential furniture, and Dada kitchen furniture.
A full Report of South Korea Kitchen Appliance Market is Available at: https://www.omrglobal.com/industry-reports/south-korea-kitchen-appliances-market
Market Coverage
• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered-
o By Product Type
o By Application
o By Distribution Channel
• Competitive Landscape- LG Electronics Inc., Samsung Electronics Co. Ltd., WINIA Electronics Co., Ltd., Whirlpool Corp., Panasonic Corp., Haier Group Corp.
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
South Korea Kitchen Appliances Market Report Segment
By Product Type
• Refrigerators
• Microwave
• Mixer & Juicer and Food Processors
• Stove & Hobs
• Dishwasher
• Water Purifier
• Coffee Machines
• Other
By Application
• Residential
• Commercial
By Distribution Channel
• Online Channel
• Offline Channel
Company Profiles
• Carrier Corp.
• Koninklijke Philips N.V.
• Haier Group Corp.
• Hitachi, Ltd.
• LG Electronics Inc.
• Panasonic Corp.
• Sichuan Changhong Electric Co., Ltd.
• Samsung Electronics Co., Ltd.
• Whirlpool Corp.
• WINIA Electronics Co., Ltd.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/south-korea-kitchen-appliances-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release South Korea Kitchen Appliance Market Growth, Size, Share, Industry Report and Forecast 2020-2026 here
News-ID: 2181298 • Views: …
More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033.
Road Marking Paint Market Overview
The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new…

Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period.
Outboard Boat Market Overview
The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including…

Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033.
Mobile Ticketing Market Overview
The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,…

Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033.
Metal Alloy Market Overview
The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in…
More Releases for Electronics
3C Electronics Market May Set New Growth Story| LG ELECTRONICS, PHILIPS ELECTRON …
3C Electronics is an industry that includes the manufacture, sale, and use of electronic items related to computer systems, communication devices, and customer electronics. In this market, products range from smartphones, telecommunications system, and home leisure systems which consist of televisions and sport consoles to private computers, laptops, and capsules. Upcoming technology which includes wearables, clever domestic gadget, and gadgets with IoT competencies are also protected.
Get free access to sample…
8K Technology for Electronics Market to See Booming Growth Worldwide | Samsung E …
The Latest research study released by HTF MI "8K Technology for Electronics Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this…
Printed Electronics Market 2021 Detailed Competitive Outlook by 2029 Samsung Ele …
The research emphasizes elaboration of the Global Printed Electronics market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concepts behind business using methods to assess and analyze the market. It also describes Printed Electronics player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation on…
Power Electronics Market 2021 Precise Outlook - ABB Ltd., Delta Electronics, Inc …
Global Power Electronics Market Size, Status and Forecast 2021-2025
The Power Electronics market report is the most important research for who looks for complete information on the Power Electronics market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendor’s information. The forecast market information, SWOT analysis, Power Electronics market…
Single Digit 7 Segment Led Displays Market - Evelight Electronics, Fairchild Sem …
The market research report on the Single Digit 7 Segment Led Displays Market is an in-depth report on the all-inclusive prospects of the Single Digit 7 Segment Led Displays Market over the analysis period of 2019 to 2025. Further, the report presents a full understanding of the major dynamics of the Single Digit 7 Segment Led Displays Market such as on-going market trends, opportunities, growth drivers, and barriers. The report…
Electronic Transformers Market Analysis Report 2019-2025 | OSRAM, Fujielectric, …
UpMarketResearch offers a latest published report on “Global Electronic Transformers Market Industry Analysis and Forecast 2019-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 116 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The report contains basic, secondary and advanced information pertaining to the Electronic Transformers global status and…