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Technical consumer goods market in Korea grew by 6.5% in Q1 2018.

GfK TEMAX® results for Korea, Q1 2017

Seoul, May, 2018 – In the first quarter of 2018, the technical consumer goods(TCG) market grew by 6.5%, compared to the same quarter in 2017. In Q1 2018 there was a large variance in sector growth ranging from -19.4% to + 52.4%. Three out of the seven TCG sectors in Korea –Small Domestic Appliances (SDA), Information Technology (IT), Telecommunications(TEL) reported positive growth, and three other sectors showed negative growth. The TCG market in Korea generated revenue of ₩9.6 trillion in Q1 2018 and ₩9.1 trillion in Q1 2017.

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Korea Q1 2018
Q2 2017 B. KRW Q3 2017 B. KRW Q4 2017 B. KRW Q1 2018 B. KRW Q1 2018 / Q1 2017 / +/- % Q1 2018 B. KRW Q1 2018 / Q1 2017 +/- %
Consumer Electronics (CE) 739 928 935 817 -2.3% 817 -2.3%
Photography (PH) 155 150 134 131 -19.5% 131 -19.5%
Major Domestic Appliances (MDA) 1,579 2,114 2,190 1,424 -2.2% 1,424 -2.2%
Small Domestic Appliances (SDA) 1,256 1,255 1,175 1,466 52.4% 1,466 52.4%
Information Technology (IT) 1,368 1,468 1,475 1,975 3.5% 1,975 3.5%
Telecommunications (TC) 3,536 3,857 4,481 3,805 3.0% 3,805 3.0%
Office Equipment & Consumables (OE) 59 58 60 68 -9.1% 68 -9.1%
GfK TEMAX ® South Korea 8,692 9,831 10,451 9,686 6.5% 9,686 6.5%

Economic data 2017

Korea
  • 3.1
    GDP growth in %
  • 29,890
    GDP per capita in USD
  • 3.8
    Unemployment rate in %
  • 1.9
    Inflation rate, avg. consumer prices in %
  • 19,837,665
    Number of households
  • N/A
    Purchasing power per household in EUR
Data for GDP, unemployment and inflation rate by World Bank, IMF, ILO, National statistics portals; Data for number of households and purchasing power by GfK GeoMarketing; Updated: 5 May 2018
General