IMARC Group's report titled "South Korea Furniture Market Report by Material (Metal, Wood, Plastic, Glass, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), End Use (Residential, Commercial), and Region 2024-2032". South Korea furniture market size is projected to exhibit a growth rate (CAGR) of 3.60% during 2024-2032.
can refer sample copy of the report: https://www.imarcgroup.com/south-korea-furniture-market/requestsample
The South Korea furniture market is experiencing growth due to expanding urbanization and a growing preference for modern, flexible furniture. Furthermore, a significant trend in this market is the increased desire for space-saving and adaptable furniture solutions, particularly among urban inhabitants living in cramped apartments. Besides this, consumers are increasingly seeking furniture that maximizes space utilization and offers flexibility, such as modular sofas, extendable dining tables, and multifunctional storage units, further bolstering the market. Moreover, e-commerce channels are offering competitive pricing, convenience, and a variety of options, driving higher sales and market expansion.
The South Korea furniture market is further pushed by the growing emphasis on sustainability and eco-friendly items. In addition to this, the growing environmental awareness among consumers is prioritizing furniture made from sustainable materials and produced through environmentally responsible processes, which is acting as another growth-inducing factor. This shift is encouraging manufacturers to adopt green practices and offer eco-friendly furniture options, such as items made from recycled materials or sustainably sourced wood. Furthermore, the trend towards health and wellness is influencing furniture design, with a greater emphasis on ergonomics and comfort to support healthy lifestyles, which is positively impacting the market. The COVID-19 pandemic has also impacted the market, with a surge in demand for home office furniture as remote working becomes more prevalent, which is anticipated to drive the South Korea furniture market over the forecasted period.
South Korea Furniture Market Report Segmentation:
Material Insights:
- Metal
- Wood
- Plastic
- Glass
- Others
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
End Use Insights:
- Residential
- Commercial
Regional Insights:
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
