South Korea Home Decor Market (2020-2026) | Size, Value, Share, Trends, COVID-19 IMPACT, Revenue, Growth, Outlook, Forecast, Companies, Industry & Analysis

Market Forecast By Product Type (Furniture, Textile, Flooring, Others), By Application Types (Indoor, Outdoor), By Distribution Channels (Supermarkets and Hypermarkets, Home Décor Stores, Gift Shops, Online Stores, Others) And Competitive Landscape
Product Code: ETC006043 Publication Date: Jun 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

South Korea Home Decor Market Competition 2023

South Korea Home Decor market currently, in 2023, has witnessed an HHI of 6149, Which has increased moderately as compared to the HHI of 3454 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 South Korea Home Decor Market Competition 2023

South Korea Export Potential Assessment For Home Decor Market (Values in USD Thousand)


South Korea Export Potential Assessment For Home Decor Market (Values in USD Thousand)

South Korea Home Decor Market Synopsis

South Korea's home decor market is highly competitive, with many local companies offering a wide range of products. The country has seen a strong rise in consumer interest in interior design and decoration, leading to increased demand for quality home d?cor products. In recent years, there has been an influx of foreign brands entering the market as well

The Korean government has recognized the potential of the industry and has been actively supporting its growth through various initiatives such as tax exemptions and grants for both manufacturers and retailers. This support helps create more attractive business opportunities for domestic brands while also encouraging foreign firms to enter the market

In terms of trends, minimalism is a popular choice among Koreans when it comes to furnishings and decorations, with lighter colors being favored over darker shades. There is also an increasing focus on eco-friendly options such as recycled materials or goods made from renewable resources like bamboo or corkwood integrated into designs. The popularity of modern technology-driven solutions such as smart lighting systems or automated curtains are growing steadily as well

Key Highlights of the Report:

  • South Korea Home Decor Market Outlook
  • Market Size of South Korea Home Decor Market, 2019
  • Forecast of South Korea Home Decor Market, 2026
  • Historical Data and Forecast of South Korea Home Decor Revenues & Volume for the Period 2016 - 2026
  • South Korea Home Decor Market Trend Evolution
  • South Korea Home Decor Market Drivers and Challenges
  • South Korea Home Decor Price Trends
  • South Korea Home Decor Porter's Five Forces
  • South Korea Home Decor Industry Life Cycle
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Product Type for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Furniture for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Textile for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Flooring for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Others for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Application Types for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Indoor for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Outdoor for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Distribution Channels for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Home D?cor Stores for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Gift Shops for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Online Stores for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Home Decor Market Revenues & Volume By Others for the Period 2016 - 2026
  • South Korea Home Decor Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application Types
  • Market Opportunity Assessment By Distribution Channels
  • South Korea Home Decor Top Companies Market Share
  • South Korea Home Decor Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Home Decor Company Profiles
  • South Korea Home Decor Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 South Korea Home Decor Market Overview

3.1 South Korea Country Macro Economic Indicators

3.2 South Korea Home Decor Market Revenues & Volume, 2019 & 2026F

3.3 South Korea Home Decor Market - Industry Life Cycle

3.4 South Korea Home Decor Market - Porter's Five Forces

3.5 South Korea Home Decor Market Revenues & Volume Share, By Product Type, 2019 & 2026F

3.6 South Korea Home Decor Market Revenues & Volume Share, By Application Types, 2019 & 2026F

3.7 South Korea Home Decor Market Revenues & Volume Share, By Distribution Channels, 2019 & 2026F

4 South Korea Home Decor Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 South Korea Home Decor Market Trends

6 South Korea Home Decor Market, By Types

6.1 South Korea Home Decor Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 South Korea Home Decor Market Revenues & Volume, By Product Type, 2016 - 2026F

6.1.3 South Korea Home Decor Market Revenues & Volume, By Furniture, 2016 - 2026F

6.1.4 South Korea Home Decor Market Revenues & Volume, By Textile, 2016 - 2026F

6.1.5 South Korea Home Decor Market Revenues & Volume, By Flooring, 2016 - 2026F

6.1.6 South Korea Home Decor Market Revenues & Volume, By Others, 2016 - 2026F

6.2 South Korea Home Decor Market, By Application Types

6.2.1 Overview and Analysis

6.2.2 South Korea Home Decor Market Revenues & Volume, By Indoor, 2016 - 2026F

6.2.3 South Korea Home Decor Market Revenues & Volume, By Outdoor, 2016 - 2026F

6.3 South Korea Home Decor Market, By Distribution Channels

6.3.1 Overview and Analysis

6.3.2 South Korea Home Decor Market Revenues & Volume, By Supermarkets and Hypermarkets, 2016 - 2026F

6.3.3 South Korea Home Decor Market Revenues & Volume, By Home Décor Stores, 2016 - 2026F

6.3.4 South Korea Home Decor Market Revenues & Volume, By Gift Shops, 2016 - 2026F

6.3.5 South Korea Home Decor Market Revenues & Volume, By Online Stores, 2016 - 2026F

6.3.6 South Korea Home Decor Market Revenues & Volume, By Others, 2016 - 2026F

7 South Korea Home Decor Market Import-Export Trade Statistics

7.1 South Korea Home Decor Market Export to Major Countries

7.2 South Korea Home Decor Market Imports from Major Countries

8 South Korea Home Decor Market Key Performance Indicators

9 South Korea Home Decor Market - Opportunity Assessment

9.1 South Korea Home Decor Market Opportunity Assessment, By Product Type, 2019 & 2026F

9.2 South Korea Home Decor Market Opportunity Assessment, By Application Types, 2019 & 2026F

9.3 South Korea Home Decor Market Opportunity Assessment, By Distribution Channels, 2019 & 2026F

10 South Korea Home Decor Market - Competitive Landscape

10.1 South Korea Home Decor Market Revenue Share, By Companies, 2019

10.2 South Korea Home Decor Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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