Lucintel Forecasts the Outdoor Lantern Market in South Korea is expected to grow with a CAGR of 6.5% from 2025 to 2031
Lucintel Forecasts the Outdoor Lantern Market in South Korea is expected to grow with a CAGR of 6.5% from 2025 to 2031
Blog Article
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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