Construction Materials in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 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 construction materials market consists of cement, aggregates, and bricks.
The South Korean construction materials market recorded revenues of $12.7 billion in 2023, representing a compound annual growth rate (CAGR) of 0.8% between 2018 and 2023.
The cement segment accounted for the market's largest proportion in 2023, with total revenues of $5.1 billion, equivalent to 40.3% of the market's overall value.
In 2023, the South Korean construction materials market contracted by 3.1% due to the decline in construction permits. According to the Korean Statistical Information Service (KOSIS), the overall number of building permits issued decreased by 25.3% in 2023.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction materials market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction materials market in South Korea
Leading company profiles reveal details of key construction materials market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea construction materials market with five year forecasts
Reasons to Buy
What was the size of the South Korea construction materials market by value in 2023?
What will be the size of the South Korea construction materials market in 2028?
What factors are affecting the strength of competition in the South Korea construction materials market?
How has the market performed over the last five years?
Who are the top competitors in South Korea's construction materials 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 the leading player?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. Asia Holdings Co Ltd
8.2. Hanil Cement Co Ltd
8.3. Sungshin Cement Co Ltd
8.4. Ssangyong C&E
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea construction materials market value: $ million, 2018-23
Table 2: South Korea construction materials market category segmentation: % share, by value, 2018-2023
Table 3: South Korea construction materials market category segmentation: $ million, 2018-2023
Table 4: South Korea construction materials market geography segmentation: $ million, 2023
Table 5: South Korea construction materials market value forecast: $ million, 2023-28
Table 6: Asia Holdings Co Ltd: key facts
Table 7: Asia Holdings Co Ltd: Annual Financial Ratios
Table 8: Asia Holdings Co Ltd: Key Employees
Table 9: Hanil Cement Co Ltd: key facts
Table 10: Hanil Cement Co Ltd: Annual Financial Ratios
Table 11: Hanil Cement Co Ltd: Key Employees
Table 12: Sungshin Cement Co Ltd: key facts
Table 13: Sungshin Cement Co Ltd: Annual Financial Ratios
Table 14: Sungshin Cement Co Ltd: Key Employees
Table 15: Ssangyong C&E: key facts
Table 16: Ssangyong C&E: Key Employees
Table 17: South Korea exchange rate, 2018-23
List of Figures
Figure 1: South Korea construction materials market value: $ million, 2018-23
Figure 2: South Korea construction materials market category segmentation: $ million, 2018-2023
Figure 3: South Korea construction materials market geography segmentation: % share, by value, 2023
Figure 4: South Korea construction materials market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the construction materials market in South Korea, 2023
Figure 6: Drivers of buyer power in the construction materials market in South Korea, 2023
Figure 7: Drivers of supplier power in the construction materials market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the construction materials market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the construction materials market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the construction materials market in South Korea, 2023