Product Code: ETC264743 | Publication Date: Aug 2022 | Updated Date: Jun 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Household Vacuum Cleaners market currently, in 2023, has witnessed an HHI of 4398, Which has increased slightly as compared to the HHI of 3658 in 2017. The market is moving towards 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.
The South Korean household vacuum cleaners market has been witnessing steady growth due to increasing urbanization and a rise in the standard of living. Consumers are showing a preference for advanced vacuum cleaner models that offer convenience and efficiency, such as robotic and cordless vacuum cleaners. The market is also influenced by the growing trend of smart homes, where vacuum cleaners can be integrated into the home automation system.
The emphasis on cleanliness and indoor air quality, coupled with technological advancements in cleaning efficiency, is driving growth in South Korea`s household vacuum cleaners market. Vacuum cleaners, including robotic vacuums and upright models, are essential for removing dust, allergens, and pollutants from carpets and floors in residential settings. Market drivers include increasing urbanization and smaller living spaces necessitating compact and efficient cleaning solutions, advancements in vacuum cleaner technology improving suction power and filtration capabilities, and consumer preferences for smart features enhancing cleaning automation and convenience, driving market expansion across home appliance and consumer goods sectors.
The household vacuum cleaners market in South Korea encounters challenges such as consumer preferences for lightweight and powerful cleaning devices. Market dynamics driven by urban living spaces and indoor air quality concerns influence adoption of cordless and HEPA filter technologies. Moreover, competitive pricing and product durability impact market strategies and customer satisfaction in the competitive vacuum cleaners industry.
The South Korean government promotes the household vacuum cleaners market through policies focused on innovation and energy efficiency. Regulations ensure the safety and performance of vacuum cleaners, and the government provides financial incentives for companies developing advanced and energy-efficient vacuum cleaner technologies. Additionally, there are initiatives to boost consumer awareness and demand for high-performance cleaning solutions.
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 Household Vacuum Cleaners Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Household Vacuum Cleaners Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Household Vacuum Cleaners Market - Industry Life Cycle |
3.4 South Korea Household Vacuum Cleaners Market - Porter's Five Forces |
3.5 South Korea Household Vacuum Cleaners Market Revenues & Volume Share, By Operation Mode, 2021 & 2028F |
3.6 South Korea Household Vacuum Cleaners Market Revenues & Volume Share, By Product, 2021 & 2028F |
3.7 South Korea Household Vacuum Cleaners Market Revenues & Volume Share, By Mode of Sale, 2021 & 2028F |
3.8 South Korea Household Vacuum Cleaners Market Revenues & Volume Share, By Type of Use, 2021 & 2028F |
4 South Korea Household Vacuum Cleaners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Household Vacuum Cleaners Market Trends |
6 South Korea Household Vacuum Cleaners Market, By Types |
6.1 South Korea Household Vacuum Cleaners Market, By Operation Mode |
6.1.1 Overview and Analysis |
6.1.2 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Operation Mode, 2018 - 2028F |
6.1.3 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Self-Drive, 2018 - 2028F |
6.1.4 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Remote Control, 2018 - 2028F |
6.2 South Korea Household Vacuum Cleaners Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Upright, 2018 - 2028F |
6.2.3 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Canister, 2018 - 2028F |
6.2.4 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Central, 2018 - 2028F |
6.2.5 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Robotic, 2018 - 2028F |
6.2.6 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Drum, 2018 - 2028F |
6.2.7 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Wet/Dry, 2018 - 2028F |
6.3 South Korea Household Vacuum Cleaners Market, By Mode of Sale |
6.3.1 Overview and Analysis |
6.3.2 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Offline, 2018 - 2028F |
6.3.3 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Online, 2018 - 2028F |
6.4 South Korea Household Vacuum Cleaners Market, By Type of Use |
6.4.1 Overview and Analysis |
6.4.2 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Floor Vacuum Cleaner, 2018 - 2028F |
6.4.3 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Window Vacuum Cleaner, 2018 - 2028F |
6.4.4 South Korea Household Vacuum Cleaners Market Revenues & Volume, By Pool Vacuum Cleaner, 2018 - 2028F |
7 South Korea Household Vacuum Cleaners Market Import-Export Trade Statistics |
7.1 South Korea Household Vacuum Cleaners Market Export to Major Countries |
7.2 South Korea Household Vacuum Cleaners Market Imports from Major Countries |
8 South Korea Household Vacuum Cleaners Market Key Performance Indicators |
9 South Korea Household Vacuum Cleaners Market - Opportunity Assessment |
9.1 South Korea Household Vacuum Cleaners Market Opportunity Assessment, By Operation Mode, 2021 & 2028F |
9.2 South Korea Household Vacuum Cleaners Market Opportunity Assessment, By Product, 2021 & 2028F |
9.3 South Korea Household Vacuum Cleaners Market Opportunity Assessment, By Mode of Sale, 2021 & 2028F |
9.4 South Korea Household Vacuum Cleaners Market Opportunity Assessment, By Type of Use, 2021 & 2028F |
10 South Korea Household Vacuum Cleaners Market - Competitive Landscape |
10.1 South Korea Household Vacuum Cleaners Market Revenue Share, By Companies, 2021 |
10.2 South Korea Household Vacuum Cleaners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |