Consumer Electronics Retail in South Korea
Summary
Consumer Electronics Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: 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 consumer electronics retail market comprises the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. The market value represents the retail sales value of consumer electronics.
- The South Korean consumer electronics retail market registered revenues of $35.7 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.8% between 2018 and 2023.
- The household appliances segment accounted for the market's largest proportion in 2023, with total revenues of $17.7 billion, equivalent to 49.7% of the market's overall value.
- South Korea captured a share of 5.8% in the Asia-Pacific consumer electronics retail market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the consumer electronics retail market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in South Korea
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea consumer electronics retail market with five year forecasts
- What was the size of the South Korea consumer electronics retail market by value in 2023?
- What will be the size of the South Korea consumer electronics retail market in 2028?
- What factors are affecting the strength of competition in the South Korea consumer electronics retail market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's consumer electronics retail 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
- 4.3. Market distribution
- 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 players?
- 7.3. How is technology going to drive retail in this market?
- 8 Company Profiles
- 8.1. Lotte International Co Ltd
- 8.2. EMART Inc
- 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 consumer electronics retail market value: $ million, 2018-23
- Table 2: South Korea consumer electronics retail market category segmentation: % share, by value, 2018-23
- Table 3: South Korea consumer electronics retail market category segmentation: $ million, 2018-23
- Table 4: South Korea consumer electronics retail market geography segmentation: $ million, 2023
- Table 5: South Korea consumer electronics retail market distribution: % share, by value, 2023
- Table 6: South Korea consumer electronics retail market value forecast: $ million, 2023-28
- Table 7: Lotte International Co Ltd: key facts
- Table 8: Lotte International Co Ltd: Key Employees
- Table 9: EMART Inc: key facts
- Table 10: EMART Inc: Annual Financial Ratios
- Table 11: EMART Inc: Key Employees
- Table 12: South Korea exchange rate, 2018-23
- List of Figures
- Figure 1: South Korea consumer electronics retail market value: $ million, 2018-23
- Figure 2: South Korea consumer electronics retail market category segmentation: $ million, 2018-23
- Figure 3: South Korea consumer electronics retail market geography segmentation: % share, by value, 2023
- Figure 4: South Korea consumer electronics retail market distribution: % share, by value, 2023
- Figure 5: South Korea consumer electronics retail market value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the consumer electronics retail market in South Korea, 2023
- Figure 7: Drivers of buyer power in the consumer electronics retail market in South Korea, 2023
- Figure 8: Drivers of supplier power in the consumer electronics retail market in South Korea, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the consumer electronics retail market in South Korea, 2023
- Figure 10: Factors influencing the threat of substitutes in the consumer electronics retail market in South Korea, 2023
- Figure 11: Drivers of degree of rivalry in the consumer electronics retail market in South Korea, 2023
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