Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

South Korea Household Cleaning Products Market Size

The South Korea household cleaning products market is projected to grow at a CAGR of 4.1% between 2024 and 2032.

South Korea Household Cleaning Products Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 4.1%
CAGR 2024-2032 - Market by Product Type Laundry Detergents 4.5%
CAGR 2024-2032 - Market by Distribution Channel Online Channels 4.7%

South Korea Household Cleaning Products Market Outlook

  • As per October 2023, the household cleaning and personal care products market in South Korea remained largely dominated by domestic suppliers.
  • In 2022, imports of household cleaning and personal care products accounted for 40.7% of total market size.
  • The introduction of unique laundry detergents and the increasing demand for premium products are expected to support the market development.

South Korea Household Cleaning Products Market Growth

Non-ionic surfactants are widely popular among South Korean consumers because they have excellent solubilization properties and exhibit high surface activity. It has strong foaming and emulsifying properties and is ideally suited for washing clothes and wiping dirty surfaces. Their increasing demand has led market players to collaborate and expand their manufacturing capabilities and sales and distribution networks.

Lightweight capsule detergents with a strong cleaning power have recorded a significant growth in sales. Amidst rising consumer concerns surrounding repeated rinsing of fabrics, companies are launching rinse-free detergents which minimise water consumption and consumer’s electricity bills, while cleaning clothes effectively. The introduction of innovative liquid detergents that sterilise textile fabrics and washing machine tubs simultaneously is expected to contribute to the market expansion as consumers start to demand a bacteria free laundry and clean smelling clothes.

Sustainable household cleaning products incorporating clean and natural ingredients enjoy high appeal among health-conscious consumers. The rising popularity of steam mops is expected to contribute towards the demand for surfactants in South Korea. Moreover, to meet the rising global demand for premium quality dishwashers, South Korean companies are boosting their production capacity, which is expected to drive the market growth.

South Korea Household Cleaning Products Market

South Korea Household Cleaning Products Industry Segmentation

South Korea Household Cleaning Products Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Laundry Detergents
  • Surface Cleaners
  • Dishwashing Products
  • Others
CAGR 2024-2032 - Market by Product Type
Laundry Detergents 4.5%
Surface Cleaners XX%
Dishwashing Products XX%
Others XX%

Market Breakup by Distribution Channel

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Channels
  • Others
CAGR 2024-2032 - Market by Distribution Channel
Online Channels 4.7%
Hypermarkets/Supermarkets XX%
Convenience Stores XX%
Others XX%

South Korea Household Cleaning Products Market Share

Based on distribution channel, the market can be divided into hypermarkets/supermarkets, convenience stores, and online channels, among others. The rising internet accessibility and smartphone penetration rates have made online channels a simple and convenient option for South Korean consumers to purchase effective household cleaning products at discounted prices.

Leading Companies in the South Korea Household Cleaning Products Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

  • LG Corp
  • LION CORPORATION
  • Others

Major market players are adopting transparent product labelling measures to comply with stringent product safety standards implemented by the South Korean government.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Distribution Channel
Breakup by Product Type
  • Laundry Detergents
  • Surface Cleaners
  • Dishwashing Products
  • Others
Breakup by Distribution Channel
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Channels
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • LG Corp
  • LION CORPORATION
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.

Common household cleaning products found in South Korea include refrigerant deodorizer, drain cleaner, and mold remover, among others.

All-purpose cleaners do not remain effective beyond the expiration date.

The different distribution channels in the market include hypermarkets/supermarkets, convenience stores, and online channels, among others.

The different product types in the market include laundry detergents, surface cleaners, and dishwashing products, among others.

The key market players are LG Corp, and LION CORPORATION, among others.

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