Despite the current economic challenges, dishwashers holds substantial growth potential in South Korea, with a projected volume CAGR of 4% from 2024 to 2029. One key reason for this optimism is the low penetration rate, currently hovering around 24%, indicating significant room for expansion.
In South Korea, the trend of subscribing to dishwashers rather than purchasing them is expected to gain momentum between 2024 and 2029. High upfront costs, and the relatively low penetration rate of dishwashers in the country, make rental an appealing option, particularly for younger consumers.
With the high and rising number of single-person households, mini dishwashers are expected to play a significant role in South Korea in the forecast period. This demographic shift has led manufacturers to focus on compact and space-efficient dishwashers designed specifically for smaller homes.
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Understand the latest market trends and future growth opportunities for the Dishwashers industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Dishwashers
A dishwasher is a device for cleaning crockery and cutlery. Freestanding models are commonly available in full-size, slimline and compact variants. Built-in machines can be fully integrated (completely hidden by a door front and have their controls at the top of the dishwasher door on the inside), semi-integrated which are covered by a matching kitchen door up to the height drawer, which are usually built in at chest height to make loading easier.
See all of our definitionsThis report originates from Passport, our Dishwashers research and analysis database.
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