Online Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The online retail market is segmented into apparel retail, electrical & electronics retail, food & grocery retail, home & garden products, furniture & floor coverings, and footwear.
- The South Korean online retail sector recorded revenues of $61.1 billion in 2023, representing a compound annual growth rate (CAGR) of 11.5% between 2018 and 2023.
- The food & grocery retail segment accounted for the sector's largest proportion in 2023, with total revenues of $23.7 billion, equivalent to 38.9% of the sector's overall value.
- Rising consumer confidence is a key driver for the online retail sector, as it encourages consumers to spend more on a wide range of products that enhance their convenience and lifestyle. Additionally, Bank of Korea reports that the net household disposable income of the South Korea reached $43,445.5, up 2.6% over 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the online retail market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online retail market in South Korea
- Leading company profiles reveal details of key online retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea online retail market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the South Korea online retail market by value in 2023?
- What will be the size of the South Korea online retail market in 2028?
- What factors are affecting the strength of competition in the South Korea online retail market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's online retail market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Gwangju Shinsegae Co. Ltd.
- Amazon.com Inc
- The SK Planet Co Ltd
- CJ CheilJedang Corp
