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SouthKorea’sBathroomMarketReaches$27.7Billion

Rongorongo

Ka tae te maakete kaukau o Korea ki te Tonga $27.7 piriona

bathroom market

E ai ki nga korero a te hunga pāpāho Korea, 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 won (RMB 15.5 piriona) i roto 2006 ki 5 trillion won (RMB 27.7 piriona) I tenei tau. Market expansion is accelerating. O mua, in the bathroom market, products such as tiles, wharepaku, kaukau, taps and bathroom cabinets were constructed by companies sourcing materials individually. I nga tau tata nei, this approach is evolving into whole bathroom space solutions built by individual brands, offering a complete range of bathroom products.

E ai ki nga korero a te hunga pāpāho Korea, 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

O mua, Hansam Home launched theHansam Bathbrand in Korea. According to the former’s financial report, its bathroom sales grew from 30 piriona riro (RMB 160 miriona) i roto 2014 ki 145 piriona riro (RMB 800 miriona) i roto 2018, 135 piriona riro (RMB 750 miriona) i roto 2019, 180 piriona riro (RMB 1 piriona) i roto 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, ki runga 11.8% tau-a-tau.

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