New Report Available: Dishwashers in South Korea

The penetration of dishwashers in South Korea is low when compared to other major consumer appliances. It is a non-essential appliance and its usage is limited to the younger generation aged under 40. The previous generation is not familiar with the usage of such machines and considers them less effective in cleaning dishes. In fact, local eating habits and the large number of bowls used in preparing and eating food are not suited to conventional dishwashers. The volume and value growth of dishwashers was therefore negative in the review period as they rapidly lost popularity after the initial market entry.

Competitive Landscape

Tong Yang Magic Co Ltd is the established leader of dishwashers with a 37% volume share in 2015. LG Electronics Inc is second with a 31% volume share.

Industry Prospects

Volume sales of dishwashers are expected to return to positive growth compared to the negative performance of the review period. However, growth will be very limited due to the low demand for dishwashers.

Full Report Details at
- http://www.fastmr.com/prod/1112646_dishwashers_south_korea.aspx?afid=301

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Dishwashers industry in South Korea with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Dishwashers industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Dishwashers in South Korea market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth  
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Dishwashers in South Korea?
* What are the major brands in South Korea?
* How has this high unit price, low global penetration category been affected by recessionary pressure?
* Is there a trend to slimline machines in South Korea?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

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