South Korea Small Home Appliances Market Size, Share, and COVID-19 Impact Analysis, By Product (Vacuum Cleaners, Mixer/Juicer/Blenders, Toasters, Coffee Machines, Air Purifiers, and Others), By Distribution Channel (Multibrand Stores, Exclusive Stores, Online, and Others), and South Korea Small Home Appliances Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsSouth Korea Small Home Appliances Market Insights Forecasts to 2035
- The South Korea Small Home Appliances Market Size was Estimated at USD 2.3 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 4.92% from 2025 to 2035
- The South Korea Small Home Appliances Market Size is Expected to Reach USD 3.9 Billion by 2035
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According to a Research Report Published by Spherical Insights & Consulting, The South Korea Small Home Appliances Market Size is anticipated to Reach USD 3.9 Billion by 2035, Growing at a CAGR of 4.92% from 2025 to 2035. Significant technological advancements, rapidly evolving lifestyles, energy efficiency, urbanization, rising health and wellness trends, e-commerce and online shopping, favorable government initiatives, and brand reputation and regulatory compliance are some of the major factors propelling the market.
Market Overview
Small Home Appliances, sometimes referred to as minor appliances or small domestic appliances, are electrical machines that are portable or semi-portable and are used on shelves, tables, or countertops to carry out routine household chores. They provide task-specific functionality, flexibility, and ease of use. Kettles, toasters, coffee makers, blenders, rice cookers, hair dryers, vacuum cleaners, and air purifiers are a few examples. These are different from large appliances, or "white goods," such as washing machines and refrigerators, which are heavier, frequently fixed, and difficult to move. Additionally, the South Korean government has launched programs to lower greenhouse gas emissions and encourage energy efficiency. The market for energy-efficient appliances has increased as a result of consumers being encouraged to select them. Furthermore, one of the main drivers of growth is technological innovation, which is fueled by consumer demand for connected and intelligent appliances. Manufacturing and product development are impacted by strict regulatory frameworks pertaining to safety and energy efficiency. Competing product alternatives present difficulties, such as conventional cleaning practices or different approaches to beverage preparation. The market shows a strong relationship with demographic shifts toward smaller households and higher disposable income as well as consumer spending patterns. There has been moderate M&A activity, with bigger firms buying out smaller businesses to broaden their product lines and reach new markets.
Report Coverage
This research report categorizes the market for the South Korea small home appliances market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea small home appliances market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea small home appliances market.
South Korea Small Home Appliances Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 2.3 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR of 4.92% |
2035 Value Projection: | USD 3.9 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 95 |
Segments covered: | By Product, By Distribution Channel |
Companies covered:: | UNIX Electronics, Shinil Electronics Co Ltd, Whirlpool Corporation, DeLonghi, Miele, HANIL Electric, and Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
Market expansion is driven by factors like growing disposable incomes, urbanization, convenience preferences, and technological advancements. Growth is further stimulated by government programs that support energy-efficient appliances.
Restraining Factors
Significant obstacles include fierce competition between national and foreign brands, shifting raw material costs, and possible supply chain interruptions. Operational expenses may also rise as a result of strict regulatory compliance requirements.
Market Segmentation
The South Korea small home appliances market share is classified into product and distribution channel.
- The vacuum cleaners segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea small home appliances market is segmented by product into vacuum cleaners, mixer/juicer/blenders, toasters, coffee machines, air purifiers, and others. Among these, the vacuum cleaners segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The high demand for robotic and cordless vacuum models, particularly among urban consumers and single-person households looking for automation and convenience, is what is causing this dominance.
- The online segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea small home appliances market is segmented by distribution channel into multibrand stores, exclusive stores, online, and others. Among these, the online segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. High internet usage, tech-savvy customers, and the ease with which features, costs, and reviews can be compared across platforms are the main drivers of this growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea small home appliances market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- UNIX Electronics
- Shinil Electronics Co Ltd
- Whirlpool Corporation
- DeLonghi
- Miele
- HANIL Electric
- Others
Recent Developments:
- In June 2025, Samsung launched the Jet Bot AI+*, a robot vacuum cleaner with AI-powered cleaning capabilities. This launch significantly impacted the premium segment of the robot vacuum cleaner market.
- In March 2025, Whirlpool Corporation launched the "Whirlpool App 2.0," which improved user experience and connectivity for its smart appliances. This update enhanced the appeal of Whirlpool's smart home appliances, boosting sales.
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Small Home Appliances Market based on the below-mentioned segments:
South Korea Small Home Appliances Market, By Product
- Vacuum Cleaners
- Mixer/Juicer/Blenders
- Toasters
- Coffee Machines
- Air Purifiers
- Others
South Korea Small Home Appliances Market, By Distribution Channel
- Multibrand Stores
- Exclusive Stores
- Online
- Others
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