Latest Report Update: Jan 17, 2020

Republic of Korea - Electric Hand-Drying Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Republic of Korea: Electric Hand-Dryer Market Overview 2020

Electric Hand-Dryer Market Size in Republic of Korea

The revenue of the electric hand-dryer market in South Korea amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, electric hand-dryer consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the electric hand-dryer market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Electric Hand-Dryer Production in Republic of Korea

In value terms, electric hand-dryer production totaled $X in 2018 estimated in export prices. Over the period under review, electric hand-dryer production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, electric hand-dryer production reached its peak figure level at $X in 2012; however, from 2013 to 2018, production stood at a somewhat lower figure.

Electric Hand-Dryer Exports

Exports from Republic of Korea

In 2018, the amount of electric hand-drying apparatus exported from South Korea totaled X units, going up by X% against the previous year. Overall, electric hand-dryer exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. In that year, electric hand-dryer exports reached their peak of X units. From 2011 to 2018, the growth of electric hand-dryer exports failed to regain its momentum.

In value terms, electric hand-dryer exports stood at $X in 2018. Overall, electric hand-dryer exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, electric hand-dryer exports reached their peak figure at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

Viet Nam (X units) was the main destination for electric hand-dryer exports from South Korea, with a X% share of total exports. Moreover, electric hand-dryer exports to Viet Nam exceeded the volume sent to the second major destination, Japan (X units), twofold. Hungary (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Viet Nam totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Hungary (+X% per year).

In value terms, the largest markets for electric hand-dryer exported from South Korea were Hungary ($X), Viet Nam ($X) and Japan ($X), with a combined X% share of total exports.

Hungary (+X% per year) experienced the highest rates of growth with regard to market size, among the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average electric hand-dryer export price amounted to $X per unit, dropping by -X% against the previous year. In general, the electric hand-dryer export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, the average export prices for electric hand-drying apparatus attained their peak figure at $X per unit in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Hungary ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+X% per year), while the prices for the other major destinations experienced a decline.

Electric Hand-Dryer Imports

Imports into Republic of Korea

In 2018, approx. X units of electric hand-drying apparatus were imported into South Korea; surging by X% against the previous year. Over the period under review, electric hand-dryer imports continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. In that year, electric hand-dryer imports attained their peak of X units. From 2014 to 2018, the growth of electric hand-dryer imports remained at a lower figure.

In value terms, electric hand-dryer imports amounted to $X in 2018. Over the period under review, electric hand-dryer imports continue to indicate a mild slump. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, electric hand-dryer imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, China (X units) constituted the largest electric hand-dryer supplier to South Korea, accounting for a X% share of total imports. Moreover, electric hand-dryer imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), sixfold. The third position in this ranking was occupied by France (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and France (+X% per year).

In value terms, China ($X) constituted the largest supplier of electric hand-dryer to South Korea, comprising X% of total electric hand-dryer imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and France (-X% per year).

Import Prices by Country

The average electric hand-dryer import price stood at $X per unit in 2018, reducing by -X% against the previous year. Over the period under review, the electric hand-dryer import price continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. In that year, the average import prices for electric hand-drying apparatus attained their peak level of $X per unit. From 2017 to 2018, the growth in terms of the average import prices for electric hand-drying apparatus remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27512350 - Electric hand-drying apparatus

This report provides an in-depth analysis of the electric hand-dryer market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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