South Korea Smart Bathtubs Market Size & Outlook
The smart bathtubs market in South Korea is expected to reach a projected revenue of US$ 2.4 million by 2030. A compound annual growth rate of 10.1% is expected of South Korea smart bathtubs market from 2023 to 2030.
Revenue, 2022 (US$M)
$1.1
Forecast, 2030 (US$M)
$2.4
CAGR, 2023 - 2030
10.1%
Report Coverage
South Korea
South Korea smart bathtubs market, 2018-2030 (US$M)
Related Markets
South Korea smart bathtubs market highlights
- The South Korea smart bathtubs market generated a revenue of USD 1.1 million in 2022 and is expected to reach USD 2.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 10.1% from 2023 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Smart bathtubs market data book summary
| Market revenue in 2022 | USD 1.1 million |
| Market revenue in 2030 | USD 2.4 million |
| Growth rate | 10.1% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Offline, Online |
| Key market players worldwide | Kohler, TOTO Ltd, LIXIL Corp, Duravit, Masco Corp, Villeroy & Boch AG Vorz-Inhaber-Akt stimmrechtslos, Jacuzzi Brands, Roca, American Bath Group, BainUltra |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.0% of the global smart bathtubs market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan smart bathtubs market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 26.0 million by 2030.
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Smart Bathtubs Market Scope
Smart bathtubs market segmentation & scope
Smart Bathtubs Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea smart bathtubs market size, by distribution channel, 2018-2030 (US$M)
South Korea Smart Bathtubs Market Outlook Share, 2022 & 2030 (US$M)
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