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Title: Korean Home Furnishings Market: Size, Trends & Forecasts (2016-2020) - New Report by Daedal Research


1
Korean Home Furnishings Market Size, Trends
Forecasts (2016-2020)
June 2016
2
Korea Home Furnishings Market Report
Scope of the Report The report titled Korean
Home Furnishings Market Size, Trends Forecasts
(2016-2020), provides an in-depth analysis of
the Korean home furnishings market. The report
also gives an insight of the Korean home
furnishings market by segments. The report also
includes the analysis of the Korean furnishing
market by branding and distribution channels. The
report also assesses the key opportunities in the
market and outlines the factors that are and will
be driving the growth of the industry. Growth of
the overall Korean housing furnishings market has
also been forecasted for the period 2016-2020,
taking into consideration the previous growth
patterns, the growth drivers and the current and
future trends. The competition in the Korean home
furnishings market is fragmented with numerous
individual non-brand furniture makers accounting
for a large proportion of the total market. But
due to the changing consumers preferences and
increasing penetration of the branded furniture
makers by partnering with local furniture makers,
the Korean home furnishings market is dominated
by the three big players, Hanssem Co. Ltd,
Hyundai Livart Furniture Co. Ltd and Enex Co.
Ltd. Further, key players of the Korean Home
Furnishings Market Hanssem Co. Ltd, Hyundai
Livart Furniture Co. Ltd and Enex Co. Ltd are
also profiled with their financial information
and respective business strategies. Company
Coverage Hanssem Co. Ltd. Hyundai Livart
Furniture Co. Ltd. Enex Co. Ltd.
3
Korea Home Furnishings Market Report
Executive Summary The home furnishings refer to
the category of products which occupy the
physical ambience of a house and make it worthy
to live in. The items of home furnishings include
furniture, upholstery, carpets, bedding and wall
coverings, and soft home furnishings such as
bedspreads, linens, Figurecloth , etc. The home
furnishings market can be segmented into
furniture market and home furniture accessories
market. Home furnishings retailers include
national chains and independent stores. The
retailers over a time period change displays and
product mix to reflect seasonal variations in
demand of home furnishings. The target customer
for home furnishing market is a woman who are
brand and fashion conscious. The skills required
from home furnishing workers are relatively low.
Average hourly industry wages are significantly
lower than the average for all workers. Due to
the seasonality of sales, stores employ a large
number of part-time workers. The globalization of
companies has penetrated into the field of
furnishings also, thus allowing the top players
to expand their operations and meet customer
needs across the boundaries. The Korean home
furnishings market can be segmented on the basis
of branding and on the basis of distribution
channels. The Korean home furnishings market is
expected to increase at a significant CAGR during
the years 2016-2020. The Korean home furnishings
market is expected to increase due to growth in
real demand for houses for living purpose than
investment purpose, increased interest in
cooking, growing housing market of Korea, rising
supply of houses and increasing 1-2 member
households, etc. Yet the market faces some
challenges such as, volatile macro economic
factors, oversupply of houses and increasing
aging population.
4
The Korea home furnishings market in 2020 is
valued at US... billion, up by as compared to
2014. This market is forecasted to reach
US......billion in 2020, at a CAGR of ..The
increase in the Korea home furnishings market is
expected due to increasing.. and rising The
Korean home furnishings market can be segmented
on the basis of branding and distribution
channel.
Korea Home Furnishings Market Overview
  • Korea Home Furnishings Market by Value 2014-2020
    (US Billion)
  • Korea Home Furnishings Market by Distribution
    Channel 2014 (US Billion)
  • Korea Home Furnishings Market by Branding 2014

5
Korea B2B Home Furnishings Market Overview
  • Korean B2B Home Furnishings Market by
    Sub-Segments 2014-2017 (US Billion)

Korean B2B Home Furnishings Market by Value
2014-2020 (US Billion)
  • Korean B2B Home Furnishings Market by Branding
    2014

The Korean B2B home furnishings market is valued
at US....billion in 2014 and is forecasted to
increase to US....billion in 2020. This increase
is expected due to increasing.. The Korean B2B
home furnishings market can be segmented on the
basis of ..... The Korean B2B home furnishings
market is at US....billion in 2014 and is
expected to increase in future due to..
6
Korea B2C Home Furnishings Market Overview
Korean B2C Home Furnishings Market by Value
2014-2020 (US Billion)
Korean B2C Market by Sub-Segments 2014-2017
Korean B2C Home Furnishings Market by Branding
2014
The Korean B2C home furnishings market is valued
at US....billion in 2020, up by. as compared
to 2014. This increase is there due to. The
Korean B2C home furnishings market is forecasted
to increase to US.....billion in 2020, at a CAGR
of . The Korean B2C home furnishings market can
be segmented on the basis of branding and
distribution channels. The distribution channel
can further be segregated into. and
7
Title Korean Home Furnishings Market Size,
Trends Forecasts (2016-2020) Published June
2016 Pages 65 Price US 800 (Single-User
License) US 1600 (Corporate
License) For more info http//www.daedal-researc
h.com//korean-home-furnishings-market-size-trends-
forecasts-2016-2020
For more details please contact Mr. Rajeev Kumar
Tel 91-120-4553017 (9.30 am - 6.30 pm)
ISTMobile 91-8743975789 (24 X7)Enquiries
info_at_daedal-research.com
Daedal Research Daedal Research is a research and
consulting firm specialized in providing research
reports and customized business research and
analysis. The research firm offers a blend of the
best strategic consulting and market research
solutions, which promise data rich, cost
effective, and highly insightful analysis to help
its clients with perfect answers to their
important business queries.
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