South Korea Advertising Market Summary, Competitive Analysis and Forecast to 2027

Advertising in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The advertising industry consists of revenues gained by any advertising activities or agencies providing advertising services, including display advertising services. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
The South Korean advertising industry had total revenues of $10,405.8 million in 2022, representing a compound annual growth rate (CAGR) of 3.9% between 2017 and 2022.
The food, beverage & personal/healthcare segment accounted for the industry's largest proportion in 2022, with total revenues of $3,972.8 million, equivalent to 38.2% of the industry's overall value.
According to the Bank of Korea, in April 2023, the Composite Consumer Sentiment Index (CCSI) of South Korea reached 95.1, an increase of 3.1 points over the previous month.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the advertising market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the advertising market in South Korea
Leading company profiles reveal details of key advertising market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea advertising market with five year forecasts

Reasons to Buy

What was the size of the South Korea advertising market by value in 2022?
What will be the size of the South Korea advertising market in 2027?
What factors are affecting the strength of competition in the South Korea advertising market?
How has the market performed over the last five years?
What are the main segments that make up South Korea's advertising market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What trends are impacting the market?
7.4. What has been the rationale behind recent M&A activity?

8 Company Profiles

8.1. Cheil Worldwide Inc.
8.2. GIIR Corporation
8.3. Innocean Worldwide Inc.
8.4. Lotte Corp

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables

Table 1: South Korea advertising industry value: $ million, 2017-22
Table 2: South Korea advertising industry category segmentation: % share, by value, 2017-2022
Table 3: South Korea advertising industry category segmentation: $ million, 2017-2022
Table 4: South Korea advertising industry geography segmentation: $ million, 2022
Table 5: South Korea advertising industry value forecast: $ million, 2022-27
Table 6: Cheil Worldwide Inc.: key facts
Table 7: Cheil Worldwide Inc.: Annual Financial Ratios
Table 8: Cheil Worldwide Inc.: Key Employees
Table 9: Cheil Worldwide Inc.: Key Employees Continued
Table 10: GIIR Corporation: key facts
Table 11: GIIR Corporation: Annual Financial Ratios
Table 12: GIIR Corporation: Key Employees
Table 13: Innocean Worldwide Inc.: key facts
Table 14: Innocean Worldwide Inc.: Annual Financial Ratios
Table 15: Innocean Worldwide Inc.: Key Employees
Table 16: Lotte Corp: key facts
Table 17: Lotte Corp: Annual Financial Ratios
Table 18: Lotte Corp: Key Employees
Table 19: South Korea size of population (million), 2018-22
Table 20: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 21: South Korea gdp (current prices, $ billion), 2018-22
Table 22: South Korea inflation, 2018-22
Table 23: South Korea consumer price index (absolute), 2018-22
Table 24: South Korea exchange rate, 2018-22

List of Figures

Figure 1: South Korea advertising industry value: $ million, 2017-22
Figure 2: South Korea advertising industry category segmentation: $ million, 2017-2022
Figure 3: South Korea advertising industry geography segmentation: % share, by value, 2022
Figure 4: South Korea advertising industry value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the advertising industry in South Korea, 2022
Figure 6: Drivers of buyer power in the advertising industry in South Korea, 2022
Figure 7: Drivers of supplier power in the advertising industry in South Korea, 2022
Figure 8: Factors influencing the likelihood of new entrants in the advertising industry in South Korea, 2022
Figure 9: Factors influencing the threat of substitutes in the advertising industry in South Korea, 2022
Figure 10: Drivers of degree of rivalry in the advertising industry in South Korea, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Cheil Worldwide Inc.
GIIR Corporation
Innocean Worldwide Inc.
Lotte Corp

Table Information

Report Attribute	Details
No. of Pages	46
Published	March 2023
Forecast Period	2022 - 2027
Estimated Market Value ( USD ) in 2022	$ 10.41 Billion
Forecasted Market Value ( USD ) by 2027	$ 12.59 Billion
Compound Annual Growth Rate	3.8%
Regions Covered	South Korea

License	Format	Properties	Price
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ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€684EUR$700USD£571GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Table Information

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