South Korea’s Bathroom Market Reaches $27.7 Ijeri

Dị ka akụkọ mgbasa ozi Korea si kwuo, 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 trillion meriri (RMB 15.5 njeri) n'ime 2006 ka 5 trillion meriri (RMB 27.7 njeri) afọ a. Market expansion is accelerating. Na mbụ, in the bathroom market, products such as tiles, ụlọ mposi, ụlọ ịsa ahụ, taps and bathroom cabinets were constructed by companies sourcing materials individually. N'afọ adịbeghị anya, this approach is evolving into whole bathroom space solutions built by individual brands, offering a complete range of bathroom products.

Dị ka akụkọ mgbasa ozi Korea si kwuo, 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

Na mbụ, Hansam Home launched the “Hansam Bath” brand in Korea. According to the former’s financial report, its bathroom sales grew from 30 ijeri meriri (RMB 160 nde) n'ime 2014 ka 145 ijeri meriri (RMB 800 nde) n'ime 2018, 135 ijeri meriri (RMB 750 nde) n'ime 2019, 180 ijeri meriri (RMB 1 njeri) n'ime 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, elu 11.8% afọ.

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