iVIGA Tap Factory Fornitur
Skont rapporti tal-midja Koreana, 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 triljun rebaħ (RMB 15.5 biljun) fi 2006 biex 5 triljun rebaħ (RMB 27.7 biljun) din is-sena. Market expansion is accelerating. Preċedentement, in the bathroom market, products such as tiles, toilets, banjijiet, taps and bathroom cabinets were constructed by companies sourcing materials individually. Fis-snin riċenti, this approach is evolving into whole bathroom space solutions built by individual brands, offering a complete range of bathroom products.
Skont rapporti tal-midja Koreana, 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
Preċedentement, Hansam Home launched the “Hansam Bath” brand in Korea. According to the former’s financial report, its bathroom sales grew from 30 biljun rebaħ (RMB 160 miljuni) fi 2014 biex 145 biljun rebaħ (RMB 800 miljuni) fi 2018, 135 biljun rebaħ (RMB 750 miljuni) fi 2019, 180 biljun rebaħ (RMB 1 biljun) fi 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, up 11.8% sena wara sena.
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