According to Korean media reports, as the Korean bathroom market enters a narrow growth trajectory, Hansam bathroom, LX Hausys, Livat and other high-end brands that focus on bathrooms are springing up one after another. With the demand for bathroom products growing rapidly due to the extended pandemic, the related market is rapidly growing to 5 trillion won and competition in the market is beginning to heat up.

According to Hansam’s annual report data, the size of the Korean bathroom market has grown from 2.8 ಟ್ರಿಲಿಯನ್ ಗೆದ್ದಿದೆ (RMB 15.5 ಶತಕೋಟಿ) ಒಳಗೆ 2006 ಗೆ 5 ಟ್ರಿಲಿಯನ್ ಗೆದ್ದಿದೆ (RMB 27.7 ಶತಕೋಟಿ) ಈ ವರ್ಷ. Market expansion is accelerating. ಹಿಂದೆ, in the bathroom market, products such as tiles, ಶೌಚಾಲಯಗಳು, ಸ್ನಾನದ ತೊಟ್ಟಿಗಳು, taps and bathroom cabinets were constructed by companies sourcing materials individually. ಇತ್ತೀಚಿನ ವರ್ಷಗಳಲ್ಲಿ, this approach is evolving into whole bathroom space solutions built by individual brands, offering a complete range of bathroom products.

According to Korean media reports, the Korean bathroom market is shifting from single products to the whole house. The bathroom market grew by 20% year on year in the first half of the year.

South Korea’s Bathroom Market

ಹಿಂದೆ, Hansam Home launched the “Hansam Bath” brand in Korea. According to the former’s financial report, its bathroom sales grew from 30 ಬಿಲಿಯನ್ ಗೆದ್ದಿದೆ (RMB 160 ದಶಲಕ್ಷ) ಒಳಗೆ 2014 ಗೆ 145 ಬಿಲಿಯನ್ ಗೆದ್ದಿದೆ (RMB 800 ದಶಲಕ್ಷ) ಒಳಗೆ 2018, 135 ಬಿಲಿಯನ್ ಗೆದ್ದಿದೆ (RMB 750 ದಶಲಕ್ಷ) ಒಳಗೆ 2019, 180 ಬಿಲಿಯನ್ ಗೆದ್ದಿದೆ (RMB 1 ಶತಕೋಟಿ) ಒಳಗೆ 2020 and are expected to exceed 200 billion won in 2021. Sanitary ceramics company Daelim B&Co is also benefiting from this wave of growth. Bathroom revenue reached 126 billion won in the first half of this year, ಮೇಲೆ 11.8% ವರ್ಷದಿಂದ ವರ್ಷಕ್ಕೆ.