Traditional cylinder and steam vacuum cleaners are expected to continue facing reduced demand, while robotic vacuum cleaners will enjoy another dynamic performance over the forecast period. The integration of steam cleaning features into robotic vacuum cleaners has diminished the demand for standalone options.
Robotic vacuum cleaners is expected to record double-digit volume and value growth over the forecast period, offering a solution to reduce household chores for busy individuals in the modern era. In 2022, according to Statistics Korea, the number of single-person households in South Korea experienced a 4.
Unlike robotic vacuum cleaners where Chinese brands are performing strongly, the competitive landscape of standard vacuum cleaners is set to continue to be led by domestic brands LG and Samsung over the forecast period. These two tech giants held a combined retail volume share of over 40% in 2023, making them the only two players with share exceeding 10%.
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Understand the latest market trends and future growth opportunities for the Vacuum Cleaners 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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Vacuum Cleaners
A vacuum cleaner is a mechanical device using air suction to remove dust, loose dirt, pet hair etc from household floors and surfaces. Vacuum cleaners include upright, cylinder, wet and dry, handheld, stick and other vacuums.
See All of Our DefinitionsThis report originates from Passport, our Vacuum Cleaners research and analysis database.
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