Households drive market demand, with household spending representing 52.1% of total demand in 2022. Lintex Co Ltd is the largest company in South Korea, generating 0.5% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 1.8% of total production value in 2022. The total number of companies increases in 2022, to 82,671 units. The costs of the industry decrease by 2.3% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 28.5% of turnover in 2022, the 16th highest regionally. With turnover of USD2.1 billion, South Korea accounts for 4.9% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Washing and Cleaning in South Korea: ISIC 9301. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Washing and Cleaning in South Korea: ISIC 9301 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of funeral and related services, hairdressing and beauty treatment, solariums, spas and similar services, and washing and cleaning.
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