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Learn moreJan 2021
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Retail volume sales of vacuum cleaners will not be significantly affected by COVID-19, but there will be a significant slowdown in retail current value sales growth, which perhaps reflects the impact of the pandemic on consumer confidence. However, 2020 will see a sharp acceleration in both retail volume and current value sales of robot vacuum cleaners.
Stick vacuum cleaners were the top performer in vacuum cleaners during the review period as a whole and will continue to exhibit strong growth in retail volume sales during 2020. Stick vacuum cleaners now account for well over half of retail volume sales of vacuum cleaners.
Domestic players LG Electronics Inc and Samsung Electronics Co Ltd continue to lead in vacuum cleaners in terms of retail volume share, ahead of Dyson Korea Co Ltd. Leader LG Electronics Inc saw its retail volume share increase towards the end of the review period, due in large part to the growing popularity of its cordless stick vacuum cleaners.
Yujin Robot Co Ltd’s iClebo Gini is a robotic vacuum cleaner that can clean and wipe a floor simultaneously. It has 17 sensors to detect obstacles and five cleaning modes that are suitable for different environments.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Vacuum Cleaners industry in South Korea with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Vacuum Cleaners industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Consumer Appliances market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.