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Refrigeration Appliances in South Korea

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    Report

  • 25 Pages
  • February 2026
  • Region: South Korea
  • Euromonitor International
  • ID: 1576509
The refrigeration appliances market in South Korea saw negative growth in 2025, driven by a challenging economic environment and a saturated market, with a decline in retail volume sales of 6%. Despite this, the smart and AI-powered trend continued to shape the category, with manufacturers like Samsung and LG driving premiumisation through innovative products. The market is expected to remain stagnant, with a forecast CAGR of -2% from 2024 to 2029.

This Refrigeration Appliances in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2021-2025, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, format trends or distribution issues. Forecasts to 2030 illustrate how the market is set to change.

Product coverage: Built-in Refrigeration Appliances, Electric Wine Coolers/Chillers, Freestanding Refrigeration Appliances, Freezers, Fridge Freezers, Fridges.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Refrigeration Appliances market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2025 DEVELOPMENTS
  • Single-person households pushes demand for compact smart products
  • CHART 1 Key Trends 2025
INDUSTRY PERFORMANCE
  • Samsung drives premiumisation with AI-powered refrigerators
  • CHART 2 Samsung Launches Refrigerator that Combines Freshness and Convenience with AI
  • Appliance-as-a-service trend redefines ownership
  • CHART 3 LG Launches STEM Ice-Purifying Refrigerator with Enhanced Care Service
  • Compact design meets versatility
WHAT’S NEXT?
  • Samsung and LG to drive premiumisation with AI-powered models
  • Refrigerator as a smart home hub
  • Service-based business models emerge as key differentiator
  • CHART 4 Analyst Insight
COMPETITIVE LANDSCAPE
  • Samsung and LG maintain dominance in refrigeration appliances
  • Price-driven rivals fail to close the gap with top brands
CHANNELS
  • Appliances and electronics specialists dominate sales
  • E-commerce gains traction with competitive pricing
PRODUCTS
  • Pulmuone launches multi-functional refrigerator with fermentation control technology
  • CHART 5 Pulmuone Launches 148L Kimchi Refrigerator with Multi-Purpose Storage
COUNTRY REPORTS
  • CHART 6 Key Trends 2025
  • CHART 7 Analyst Insight
  • CHART 8 Samsung Launches Infinite AI Combo, All-In-One Washer-Dryer with a Smart Home Hub
  • CHART 9 Growth Decomposition of Consumer Appliances 2024-2029
  • CHART 10 LG Electronics Launches AI-Powered Whisen Air Conditioner with Radar Sensor
  • CHART 11 LG Electronics to Launch Built-In and Dual-Steam Robot Vacuum Cleaner
  • CHART 12 Real GDP Growth and Inflation 2020-2030
  • CHART 13 PEST Analysis in South Korea 2025
  • CHART 14 Key Insights on Consumers in South Korea 2025
  • CHART 15 Consumer Landscape in South Korea 2025
CONSUMER APPLIANCES IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Smart technologies and premiumisation lead market transformation
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
  • AI technology transforms appliances into proactive home management assistants
  • Samsung boosts sales with multi-functional appliances
  • Premium appliances blend luxury with cutting-edge technology
WHAT’S NEXT?
  • AI at the centre of smart home ecosystem
  • Appliance-as-a-service creates new revenue streams
  • Urban living drives demand for customisable high-end appliances
COMPETITIVE LANDSCAPE
  • Samsung and LG maintain dominance through innovation
  • Robot vacuum surge fuels competition beyond South Korea’s leaders
  • Navien magic enters market with ambitious expansion plan
CHANNELS
  • Influencers drive e-commerce growth in small appliances
  • Appliances and electronics specialists maintain strong offline presence
  • Social commerce emerges as a powerful e-commerce driver
PRODUCTS
  • AI Technology from LG Electronics reduces houshold burdens and enhances convenience
  • Premium robot vacuums integrate seamlessly into home interiors
ECONOMIC CONTEXTCONSUMER CONTEXTCOUNTRY REPORTS
SOURCES
  • Summary 1 Research Sources