Home Furnishings in South Korea

In 2024, value sales of home furnishings witnessed strong growth in South Korea driven by lifestyle and economic trends. With most of the population living in high-rise apartments, particularly in densely populated regions like Seoul and Gyeonggi Province, there was rising demand for compact, multifunctional furniture that maximises limited space while aligning with the minimalist, modern interiors favoured by South Koreans.

The Home Furnishings in South Korea report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2029 illustrate how market demand is expected to evolve in the medium-term

Product coverage: Indoor Living, Lighting, Outdoor Living.

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

Why buy this report?

• Get a detailed picture of the Home Furnishings 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.