City Profile - Busan; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail
Summary
“City Profile - Busan” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Busan.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
The GDP of Busan slowed down to 2.3% in real terms in 2022 and accounted for 4.7% of the South Korea’s GDP. Busan large scale civil engeneering projects such as the Eco Delta City and the port redevelopment, alongside the recovery of the real estate market expected to thrive the regional economy in the long-run
Scope
- The service sector remains the key contributor to the regional economy and the major employer in 2022.
- Busan has emerged as a premier tourist destination in 2022, attracting both business and leisure travelers with its stunning landscapes and cultural attractions. However, the construction sector experienced a decline in 2022 due to decrease in private construction investment.
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
- 1. City Snapshot
- 2. PEST Analysis
- 2.1 Political
- 2.2 Economic
- 2.3 Social
- 3. Technology and Infrastructure
- 3.1 Communications
- 3.2 Internal Transport Networks
- 3.3 Connectivity
- 3.4 Airport
- 3.5 Port
- 4. Business Environment Analysis
- 5. Travel and Tourism
- 5.1 Tourism Flows
- 5.2 Hotels
- 5.3 Attractions
- 5.4 Events
- 6. Construction and Real Estate
- 6.1 Investment
- 6.2 Real Estate Market
- 7. Retail
- 7.1 Retail Market
- 7.2 Consumption, Income and Prices
- About MarketLine
- Contact Us
- List of Tables
- Table 1: Busan metropolitan area - key facts (estimates), 2022
- Table 2: Busan metropolitan area- real GDP and real GDP growth, 2000-30
- Table 3: Busan metropolitan area- economic growth comparison (Index 2010=100), 2000-30
- Table 4: Busan metropolitan area- GDP per capita comparison, 2000-30 ($)
- Table 5: Busan metropolitan area- employment structure, 2000-30 (% of total)
- Table 6: Busan metropolitan area - main universities, 2023
- Table 7: Busan metropolitan area - population indicators, 2016-20
- Table 8: Busan metropolitan area - population comparison, 2000-30 (million)
- Table 9: Busan metropolitan area - population by age, 2000-30 (% of total)
- Table 10: Busan metropolitan area - mass transit network indicators, 2020
- Table 11: Busan metropolitan area - Gimhae International Airport, key indicators, 2017-23*
- Table 12: Busan city - tourists, 2019-23* (number)
- Table 13: Busan city - tourists spending, 2021-22 ($ million)
- Table 14: Busan city - international arrivals by country of residence, 2021-22 (number)
- Table 15: Busan metropolitan area - MICE and other events
- List of Figures
- Figure 1: Busan metropolitan area- real GDP and real GDP growth, 2000-30
- Figure 2: Busan metropolitan area- economic growth comparison (Index 2010=100), 2000-30
- Figure 3: Busan metropolitan area- GDP per capita comparison, 2000-30
- Figure 4: Busan metropolitan area- employment structure, 2000-30 (% of total)
- Figure 5: Busan metropolitan area - population comparison, 2000-30
- Figure 6: Busan metropolitan area - population by age, 2000-30 (% of total)
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