Main Industries:

• Water purification systems
• Air purification systems
• Household appliances

TOP 3 Markets:

1. South Korea: approx. 60%
2. USA: approx. 15%
3. Malaysia: approx. 10%

Coway Co., Ltd. generates the majority of its revenue from the manufacturing and distribution of water and air purification systems as well as other household appliances. The domestic market of South Korea remains the largest revenue contributor, followed by the USA and Malaysia. These markets benefit from a strong brand presence and a growing awareness of health and environmental products.

Production Sites: South Korea, Malaysia, China

COWAY Co., Ltd. is known for manufacturing household appliances such as water filters and air purifiers. The company mainly produces its products in South Korea, where its headquarters are also located. In addition, COWAY has production facilities in Malaysia and China to better serve the demand in the Asian markets.

This geographical distribution of production sites enables COWAY to efficiently respond to regional market requirements while optimizing production costs.

Revenue Growth: 8.5% (estimated for 2024)
Market Expansion: Focus on Southeast Asia and North America

COWAY Co., Ltd. is pursuing a strategy aimed at international expansion and product innovation. The company plans to strengthen its presence in emerging markets such as Southeast Asia and North America to capitalize on the increasing demand for high-quality household appliances.

In addition, COWAY is investing in research and development to expand its product range and offer innovative solutions in the field of water and air purification. This strategy is intended not only to promote revenue growth but also to secure market leadership in the industry.

Another focus is on enhancing customer experience through digital transformation and expanding online distribution channels. This is expected to strengthen customer loyalty and reach new target groups.

Main Imported Raw Materials: Plastic, stainless steel, filter materials

Countries of Origin: China, Japan, South Korea

Coway Co., Ltd. is known for manufacturing water and air purification systems. The main materials Coway imports include plastics and stainless steel, which are used for the casings and components of their products. Filter materials are also crucial as they support the core functionality of the cleaning devices.

China is a significant supplier of plastics and stainless steel due to its extensive production capacities and cost-effective offers. Japan supplies specialized filter materials known for their high quality and efficiency. Within South Korea, Coway also sources materials to optimize the supply chain and minimize transportation costs.

Market share in South Korea: 40% (2024) Research & Development Investments: 5% of revenue (2024) Customer Satisfaction: 85% (2024)

COWAY Co., Ltd. has a significant competitive advantage, especially in the South Korean market, where the company holds a market share of 40%. This high market share is an indicator of a strong market presence and customer loyalty.

The company continuously invests in research and development, with 5% of revenue allocated to this area. These investments enable COWAY to develop innovative products and differentiate itself from the competition.

Another important aspect is the high customer satisfaction rate of 85%, which is attributed to the quality of products and customer service. These factors contribute to COWAY maintaining and expanding its market position.

Institutional Investor Share: approximately 60% (estimated for 2025)
Insider Buys/Sells: No significant transactions reported (as of 2025)

The institutional investor share in COWAY Co., Ltd. is estimated to be around 60%. This high participation reflects the confidence of institutional investors in the company's long-term performance.

Regarding insider transactions, no significant buys or sells were reported in 2025. This could indicate that the management and other insiders currently do not expect significant changes in the company's value.

Market share of COWAY Co., Ltd.: 12% (2025, estimated)

Top competitors and their market shares:

1. LG Electronics: 18%
2. Samsung Electronics: 15%
3. COWAY Co., Ltd.: 12%
4. Panasonic: 10%
5. Philips: 8%
6. Dyson: 7%
7. Whirlpool: 6%
8. Electrolux: 5%
9. Midea Group: 4%
10. Sharp Corporation: 3%

COWAY Co., Ltd. has secured a significant market share in the household appliances sector, especially in water and air purification systems. The company's moat is based on its strong brand recognition, innovative technologies, and extensive service network. These factors enable COWAY to stand out from many competitors.

Compared to major competitors like LG and Samsung, which have a broader product range and larger financial resources, COWAY's moat is less pronounced. LG and Samsung benefit from their global presence and their ability to invest on a large scale, giving them a competitive advantage.

However, through its specialization and focus on quality and customer service, COWAY has a solid niche advantage that is very strong in certain markets and product categories. Continuous investment in research and development could help COWAY further expand its moat and strengthen its market position.

Revenue Growth: 8.2% (2024)
Profit Growth: 7.5% (2024)
Market Share in Water Dispenser Segment: 25% (2024, estimated)

Coway Co., Ltd. recorded solid revenue growth of 8.2% in 2024, driven by strong demand for their water purification and air purifier products. The company further solidified its market position in the water dispenser segment with an estimated market share of 25%.

Coway's innovation, particularly in the field of environmentally friendly technologies, and its continuous expansion into international markets are positively contributing to the company's development. Additionally, Coway has expanded its product range to meet the increasing demand for sustainable and energy-efficient solutions.

Overall, Coway demonstrates stable financial performance and a strong market position, making it a potentially attractive investment. However, investors should also keep an eye on external factors such as regulatory changes and market trends that could influence future developments.

Dividend Yield: 4.2% (2024)

Coway Co., Ltd. has pursued a consistent dividend policy in recent years. In 2024, the dividend yield was 4.2%, indicating an attractive payout for investors.

The reliability of dividend payment is supported by the company's stable financial performance. Coway has regularly paid dividends in the past, indicating solid profitability and sustainable business development. Analysts expect Coway to be able to continue paying dividends at a similar level in the coming years, provided that no significant negative market changes occur.