According to a market report by Lucintel, the future of the outdoor lantern market in South Korea looks promising with opportunities in the outdoor specialty store, supermarket, and online channel markets. The outdoor lantern market in South Korea is expected to grow with a CAGR of 6.5% from 2025 to 2031. The major drivers for this market are the increasing demand for energy-efficient lighting solutions, government efforts encouraging the adoption of sustainable practices, and rising demand for aesthetic and functional outdoor lighting.
A more
than 150-page report to understand trends, opportunity and forecast in outdoor
lantern market in South Korea to 2031 by type (led lanterns, battery-powered
lanterns, solar lanterns, and others) and application (outdoor specialty store,
supermarket, and online channels).
Lucintel
forecasts that, within the type category, LED lantern is expected to witness
the highest growth over the forecast period due to its energy efficiency and
cost-effectiveness.
Download
sample by clicking on outdoor
lantern market in South Korea.
Within the
application category, online channel segment is expected to witness the highest
growth due to increasingly inclination towards online retailers for their
outdoor lantern purchases.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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