South Korea Vacuum Cleaners Market 2024


Market Overview

The latest analysis predicts vacuum cleaners market in South Korea will grow from USD 1,949 million in 2023 to USD 3,439 million by 2029, achieving a CAGR of 9.9 percent, according to the latest edition of the Vacuum Cleaners Market in South Korea Report. Technological advancements, such as cordless models, potent suction, HEPA filtration, and robotic vacuum cleaners, have attracted consumers seeking efficient and convenient cleaning solutions. Heightened awareness of indoor air quality, allergies, and the need for a cleaner environment has driven the demand for vacuums with advanced filtration systems and allergen-removal capabilities.

Evolving lifestyles with time constraints have increased the necessity for efficient cleaning appliances, making vacuum cleaners essential for maintaining cleanliness with minimal effort. The growth of residential construction and renovations has contributed to the demand, as new homeowners and renovators seek to uphold cleanliness.

Manufacturers have differentiated products and attracted tech-savvy consumers by introducing new features like multi-surface cleaning, improved ergonomics, and smart connectivity. The rise of e-commerce platforms has facilitated consumer access, research, and convenient purchasing, further boosting vacuum cleaner sales.

The report provides a comprehensive overview of the South Korea vacuum cleaners industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, technology, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the vacuum cleaners industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the vacuum cleaners industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The vacuum cleaners market in South Korea is segmented as below:
Product type: canister vacuum cleaner, handheld vacuum cleaner, robotic vacuum cleaner, steam vacuum cleaner, stick vacuum cleaner, and upright vacuum cleaner
Technology: smart, and non-smart
Distribution channel: supermarkets and hypermarkets, electronics and appliance stores, e-commerce, and others

The South Korea vacuum cleaners market is segmented on the basis of product type, technology, and distribution channel. Based on product type, the vacuum cleaners market in South Korea is categorized into canister vacuum cleaner, handheld vacuum cleaner, robotic vacuum cleaner, steam vacuum cleaner, stick vacuum cleaner, and upright vacuum cleaner. On the basis of technology, the vacuum cleaners market in South Korea has been segmented into smart, and non-smart. By distribution channel, the vacuum cleaners market in South Korea has been segmented into supermarkets and hypermarkets, electronics and appliance stores, e-commerce, and others.


Competitive Landscape

The South Korea vacuum cleaners market is highly competitive. Some of the leading companies operating in the market are LG Corporation, The Samsung Group, Electrolux AB, Dyson Limited, Stanley Black & Decker Inc., Shinil Electronics Co. Ltd., Miele & Cie. KG, Suzhou Dibea Electrical Technology Co. Ltd., Groupe SEB, Beijing Roborock Technology Co. Ltd. (Roborock Company), Xiaomi Corporation, Yujin Robot Co. Ltd., Versuni Holding B.V., SK Magic Co. Ltd.

The report is an indispensable tool for companies and organizations operating in the vacuum cleaners industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the vacuum cleaners market.


Why Buy This Report?

Provide statistical data or estimations for the South Korea vacuum cleaners market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the vacuum cleaners market in South Korea
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the vacuum cleaners market in South Korea looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. South Korea Vacuum Cleaners Market – Product Type Analysis
3.1 Canister vacuum cleaner
3.2 Handheld vacuum cleaner
3.3 Robotic vacuum cleaner
3.4 Steam vacuum cleaner
3.5 Stick vacuum cleaner
3.6 Upright vacuum cleaner
4. South Korea Vacuum Cleaners Market – Technology Analysis
4.1 Smart
4.2 Non-smart
5. South Korea Vacuum Cleaners Market – Distribution Channel Analysis
5.1 Supermarkets and hypermarkets
5.2 Electronics and appliance stores
5.3 E-commerce
5.4 Others
6. Company Profiles
6.1 LG Corporation
6.2 The Samsung Group
6.3 Electrolux AB
6.4 Dyson Limited
6.5 Stanley Black & Decker, Inc.
6.6 Shinil Electronics Co., Ltd.
6.7 Miele & Cie. KG
6.8 Suzhou Dibea Electrical Technology Co., Ltd.
6.9 Groupe SEB
6.10 Beijing Roborock Technology Co., Ltd. (Roborock Company)
6.11 Xiaomi Corporation
6.12 Yujin Robot Co., Ltd.
6.13 Versuni Holding B.V.
6.14 SK Magic Co., Ltd.
DISCLAIMER


Companies Mentioned

LG Corporation
The Samsung Group
Electrolux AB
Dyson Limited
Stanley Black & Decker, Inc.
Shinil Electronics Co., Ltd.
Miele & Cie. KG
Suzhou Dibea Electrical Technology Co., Ltd.
Groupe SEB
Beijing Roborock Technology Co., Ltd. (Roborock Company)
Xiaomi Corporation
Yujin Robot Co., Ltd.
Versuni Holding B.V.
SK Magic Co., Ltd.


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