Market Report, "Homewares in South Korea", published
In 2011, homewares registered positive value sales growth, as sales increased in most categories over the previous year. Even during the downturn in the local economy in 2008 and 2009, sales of homewares had been less affected and posted only a marginal value sales decline, mainly due to the decline in dining products. In South Korea, industry players believe that consumer demand for kitchenware increases during downturns in the economy, because more people tend to cook at home instead of...
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