The number of homes in Korea is 1905 million
The apartment is 49.2%
· Written by : Jung-Bae Kim. Publisher & Editor. Lighting Critic.
companies in Korean Lighhting Market. Their main business is to obtain a supply from a
construction company to supply residential lighting fixtures to new apartment
construction sites. Therefore, each year, we have to react sensitively to the increase and decrease of new apartment sales.
November 2019. The number of houses was 1,905,215 households. Arrange the houses nationwide in order of number ▲ 1001,2852 Apartments (49.2%) ▲ Single-family homes 641,129,129 (33.3%) ▲ Multi-family homes 1.187,306 homes (9.3%) ▲ Other than
Housing 91,9973 households (4.4%) ▲ Townhouse 43,3851 households (2.2%)
▲ Officetel's 46,513 (2.3%) households ▲ Houses in non-residential buildings are
birth rate and aging rapidly progress, the population began to decline in 2018, and by
2050, the population will grow to 42.3 million, which is expected to decrease by 64.1
industry, which has been on the path of growth through the increase of population and
housing penetration, will be gradually downward in the long term.
expected to be sold this year. This amount is only one third (34%) compared to 750,000 households supplied each year from 2015 to early 2017.
apartments and home lighting manufacturers subcontracting from them.
the business that domestic manufacturers of lighting fixtures can lean on, as well as a
potential market for selling lighting fixtures.
Millennials and Generation X, ages 20 to 40, have emerged as the biggest and most
They are generations who value taste and personality and spend a lot of money on their
own interiors. Ikea, which entered the country, broke the expectation and drove the
interior boom in Korea. This is good news for domestic home lighting manufacturers.
the trend in which people decorate their homes like refuges or resting places and enjoy the-m with their families. In Korea, the trend of having fun photos of your own home on
the Internet or smart phone is blowing.
lighting manufacturers as an opportunity to increase sales, improve profits and expand
our business? Is that.
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