iVIGA Tap Factory Soláthraí
De réir tuairiscí meáin na Cóiré, as the Korean bathroom market enters a narrow growth trajectory, Hansam bathroom, LX Hausys, Livat and other high-end brands that focus on bathrooms are springing up one after another. With the demand for bathroom products growing rapidly due to the extended pandemic, the related market is rapidly growing to 5 trillion won and competition in the market is beginning to heat up.
According to Hansam’s annual report data, the size of the Korean bathroom market has grown from 2.8 trilliún buaite (RMB 15.5 billiún) isteach 2006 chun 5 trilliún buaite (RMB 27.7 billiún) i mbliana. Market expansion is accelerating. Roimhe sin, in the bathroom market, products such as tiles, leithris, folcadáin, taps and bathroom cabinets were constructed by companies sourcing materials individually. Le blianta beaga anuas, this approach is evolving into whole bathroom space solutions built by individual brands, offering a complete range of bathroom products.
De réir tuairiscí meáin na Cóiré, the Korean bathroom market is shifting from single products to the whole house. The bathroom market grew by 20% year on year in the first half of the year.
South Korea’s Bathroom Market
Roimhe sin, Hansam Home launched the “Hansam Bath” brand in Korea. According to the former’s financial report, its bathroom sales grew from 30 bhuaigh billiún (RMB 160 milliún) isteach 2014 chun 145 bhuaigh billiún (RMB 800 milliún) isteach 2018, 135 bhuaigh billiún (RMB 750 milliún) isteach 2019, 180 bhuaigh billiún (RMB 1 billiún) isteach 2020 and are expected to exceed 200 billion won in 2021. Sanitary ceramics company Daelim B&Co is also benefiting from this wave of growth. Bathroom revenue reached 126 billion won in the first half of this year, suas 11.8% bliain ar bhliain.
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