South Korea E-commerce Logistics Market Outlook to 2026F Driven by Growth in Online Shoppers along with Introduction of New Age Technologies by Logistics Players

South Korea E-commerce Logistics Market Outlook to 2026F Driven by Growth in Online Shoppers along with Introduction of New Age Technologies by Logistics Players

The report provides a comprehensive analysis of the potential of E-Commerce Logistics industry in South Korea. The report covers an overview and genesis of the industry, market size in terms of number of shipments.

Its market segmentations include by delivery period, by volumetric weight, by type of shipment, by delivery area, by mode of shipment, by online sales, by type of company, by type of commerce, by modes of payment, by accepted & returned products, by mode of payment and by product category; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the South Korea E-Commerce Logistics Market – which grew from approximately $ ~12 Bn in 2018 to approximately $ ~13 Bn in 2021 – is forecasted to grow further into $ ~16 Bn opportunity by 2026F, owing to internet penetration, government initiative, time spend on internet and improved logistics.

South Korea has an internet penetration rate of 92.2% in 2021, with 47.3 Mn users.

Government has made other preferential policies such as preferential charge for the use of public facilities by the logistics enterprises.

Key Trends by Market Segment:

By Delivery Period: In South Korea E-commerce market, most of the logistics company provides quick delivery or same day delivery of orders as it minimizes risk of delays and customer complaints.

By Types of Shipment: Domestic Road transport system is the most effective way to deliver parcels to remote locations, which makes it more imperative.

By Delivery area: Intracity delivery happens within 4-5 hours where mini-vans and bikes are preferred to transport multiple deliveries of orders of multiple customers.

Competitive Landscape

Future Outlook

The South Korea E-Commerce Logistics Market witnessed significant growth during the period 2018-2021, owing to the consistently increasing digitalization process in the country.

In the coming years, higher smartphones penetration rate, better internet connectivity as well as vision 2030 of South Korea will play an important role in increasing the reach of E-commerce last-mile shipments all across the country. It is expected that the growing e-commerce sector will create opportunities in intracity logistics eventually since South Korea has a well-developed transportation system. So, the orders can be delivered easily from one place to another.

Please Note:It will take 5-7 business days to complete the report upon order confirmation.


1. Executive Summary
1.1 Executive Summary: South Korea E-commerce Logistics Market, 2018-2026F
2. Country Overview of South Korea
2.1 Country Demographics, 2021
2.2 South Korea Economic Analysis, 2021
2.3 Digital Population Analysis, 2021
3. South Korea E-commerce Market Overview
3.1 E-commerce Revenue in South Korea
3.2 E-commerce Revenue Product wise in South Korea
3.3 E-Commerce Users by Age, gender and Income in South Korea
3.4 Business Model Canvas of Coupang E-commerce, 2021
4. South Korea E-commerce Logistics Market Overview
4.1 Business Cycle and Genesis of South Korea E-commerce Logistics Market
4.2 Value Chain of South Korea E-commerce Logistics Market
4.3 Ecosystem: South Korea E-commerce Logistics Market
4.4 Timeline of South Korea E-commerce Logistics Market
4.5 South Korea E-commerce Logistics Market Size
5. South Korea E-Commerce Logistics Market Segmentation
5.1 Market size of E-commerce logistics on the basis last mile shipment, 2021
5.2 Segmentation of South Korea E-commerce Logistics Market by Delivery Period and By Volumetric Weight, 2021
5.3 Segmentation of South Korea E-commerce Logistics Market by International & domestic and By Area, 2021
5.4 Segmentation of South Korea E-commerce Logistics Market by shipments and By Online sales channel, 2021
5.5 Segmentation of South Korea E-commerce Logistics Market by 3PL & Captive and By Commerce, 2021
5.6 Segmentation of South Korea E-commerce Logistics Market by Mode of Payment and By Accepted & Returned Orders, 2021
5.7 Segmentation of South Korea E-commerce Logistics Market by Mode of Payment and By Product Category, 2021
6. Warehouse Overview
6.1 Overview of E-commerce Warehousing Sector in South Korea
7. Industry Analysis of South Korea E-Commerce Logistics Market
7.1 Government Initiatives and Bodies
7.2 SWOT Analysis of South Korea E-commerce Logistics Market
7.3 Growth Drivers of South Korea E-commerce Logistics Market
7.4 Challenges of South Korea E-commerce Logistics Market
7.5 Key Trends in South Korea E-commerce Logistics Market
7.6 End User Analysis
7.7 Covid-19 Impact on the South Korea E-Commerce Logistics Market
8. Future Outlook to South Korea E-Commerce Logistics Market
8.1 South Korea E-Commerce Logistics Market Future Outlook, 2026F
8.2 Segmentation of South Korea E-commerce Logistics Market by International & domestic and By Area, 2026F
8.3 Segmentation of South Korea E-commerce Logistics Market by Mode of shipments and By Online sales channel, 2026F
8.4 Segmentation of South Korea E-commerce Logistics Market by Delivery Period and By Volumetric weight, 2026F
8.5 Segmentation of South Korea E-commerce Logistics Market by Mode of Payment and By Accepted & Returned Orders, 2026F
8.6 Segmentation of South Korea E-commerce Logistics Market by Mode of Payment, 2026F
8.7 Segmentation of South Korea E-commerce Logistics Market by Channel - 3PL Companies & Captive, 2026F
9. Competition Framework of South Korea E-Commerce Logistics Market
9.1 Competition Analysis: Market Share of E-Commerce Logistics Players in South Korea
9.2 Cross Comparison of Major E-Commerce Players
9.3 Cross Comparison of Major Logistics Players
10. Analyst Recommendation
10.1 Analyst Recommendation
11. Industry Speaks
11.1 Interview: Mr. Jiyong Um, Logistics Expert Beyond X CEO, Chief Creative Officer, Connector’s operator, and creator
11.2 Interview: Mr. Vignesh Krishnamoorthy, Senior Consultant (Logistics Solutions) at SSI Schaefer
12. Research Methodology
12.1 Market Definitions
12.2 Abbreviations
12.3 Consolidated Research Approach and Primary Research Sample Size Inclusion
12.4 Market Sizing Approach
12.5 Research Limitations
12.6 Correlation Matrix
Disclaimer
Contact Us

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings