Category: Retailing
South Korea Retailing
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Apparel and Footwear Specialists in South Korea
... growth. Although sales still fell short of the pre-pandemic (2019) level, they continued to grow, largely driven by the increasing demand for affordable fashion amidst rising inflation. Fast fashion brands have capitalised on economic pressures, ... Read More
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Supermarkets in South Korea
... maintained value growth in 2024. Amidst a prolonged economic downturn, South Korean consumers have increasingly been turning to major supermarkets for their shopping needs. Supermarket chains such as Seowon’s Top Mart, Homeplus Express from Homeplus ... Read More
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General Merchandise Stores in South Korea
... 2024, department stores saw a decline in outlet numbers, and the channel was unable to achieve past growth rates. This is because consumer spending has contracted due to a general economic slowdown. In addition, major ... Read More
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Health and Beauty Specialists in South Korea
... quarter of 2024, driven by a surge in tourist traffic. Major shopping districts such as Myeongdong and Hongdae saw notable sales growth, with Myeongdong’s stores reporting a significant increase in sales to tourists, and Hongdae ... Read More
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Convenience Retailers in South Korea
... value growth in 2024, it was convenience stores which continued to see the best performance, rising from an already high base. Euromonitor International's Convenience Retailers in South Korea report offers insight into key trends and ... Read More
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Home Products Specialists in South Korea
... improvement and gardening stores saw an uptick in sales, benefiting from a slightly improved housing market and a growing consumer focus on DIY renovations and outdoor spaces. Homewares and home furnishing stores also expanded, as ... Read More
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Retail in South Korea
... grocery retailers. Euromonitor International's Retail in South Korea report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience ... Read More
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Hypermarkets in South Korea
... especially in non-food categories. Traditionally, hypermarkets operated based on cost-effectiveness and large-scale stores, but they have struggled to meet trends favouring premium products, personalised consumption, and time-saving shopping. In addition, Coupang’s dominance... Euromonitor International's Hypermarkets ... Read More
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Discounters in South Korea
... in certain areas. Despite fewer locations, strong demand for value for money products and higher basket sizes per visit contributed to value growth for discounters, and it saw stronger growth than overall grocery retailers. Economic ... Read More
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Direct Selling in South Korea
... including high population density in compact urban areas, and career interruptions amongst women. During the COVID-19 pandemic, rising health awareness led to an increase in direct selling of health supplements. However, post-pandemic, more consumers have ... Read More
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Retail E-Commerce in South Korea
... continues. Competitive pricing, aggressive discount strategies, and flexible returns policies are encouraging more consumers to shop online instead of offline. Promotional events such as major online sales festivals and exclusive membership benefits are als... Euromonitor ... Read More
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South Korea Loyalty Programs Market Intelligence and Future Growth Dynamics - 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2025 Update
... CAGR of 17.4% during 2020-2024. The loyalty market in the country will continue to grow over the forecast period and is expected to record a CAGR of 13.0% during 2025-2029. Loyalty market in the country ... Read More
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South Korea Meat Market, By Meat Type (Pork, Beef, Chicken, Fish & Seafood, Processed Meat); By Form (Fresh Meat, Frozen Meat, Processed Meat Products, Marinated & Pre-seasoned Meat); By Distribution Channel (Supermarkets/Hypermarkets, Online Retail, Convenience Stores, Food Service, Others); By End User (Household Consumption, Food Service Industry), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... Stores, Food Service, Others); By End User (Household Consumption, Food Service Industry), Trend Analysis, Competitive Landscape & Forecast, 2019–2030 South Korea Meat Market Grows at Steady CAGR of 3.3% to Reach USD 7.46 Billion by ... Read More
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South Korea Seafood Market Forecast Report by Form (Fresh, Frozen, Ambient, Canned & Processed Seafood), Type (Fish, Crustaceans, Molluscs, Others), Application (Retail, Institutions, Food Service) and Company Analysis 2024-2032
... a broad category that includes a variety of marine life that is delicious food for humans to eat. Fish, shellfish, and other aquatic creatures collected from rivers, seas, oceans, and freshwater bodies fall under this ... Read More
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South Korea Social Commerce Industry Market Size and Forecast by Payment Method 2020 - 2029
... for various payment options as of 2023, including credit card, debit card, bank transfer, prepaid card, digital & mobile wallets, other digital payments, and cash. The report further provides a detailed Gross Merchandise Value (GMV) ... Read More
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South Korea Social Commerce Industry Market Size and Forecast by Content Formats 2020 - 2029
... across content types, and future growth dynamics. We delve into the Gross Merchandise Value (GMV) trends for various social commerce content formats, including live streams, gaming streams, reels, influencer marketing, and stories, providing detailed analysis ... Read More
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South Korea Social Commerce Industry Market Size and Forecast by Platforms 2020 - 2029
... The report includes a breakdown of market share by platform as of 2023, specifically focusing on video commerce (live stream and pre-recorded), social network-led commerce, social reselling platforms, group buying platforms, and product review platforms. ... Read More
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South Korea Social Commerce Industry Market Size and Forecast by Product Categories 2020 - 2029
... overall market size and provide future growth projections, along with a breakdown of market share by product category as of 2023. Furthermore, the report includes a comprehensive Gross Merchandise Value (GMV) trend analysis from 2020 ... Read More
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South Korea Social Commerce Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q3 2024 Update
... PayNXT360, social commerce industry in South Korea is expected to grow by 18.2% on annual basis to reach US$21,180.15 million in 2024. The social commerce industry is expected to grow steadily over the forecast period, ... Read More
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Asia Pacific Breakfast Cereals Market, By Product Type (Hot Cereals, Ready-to-Eat); By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, E-commerce); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2030 Asia Pacific Breakfast Cereals Market Value to Surpass USD 13 Billion by 2030 Asia Pacific Breakfast Cereals Market is flourishing due to the growing urban ... Read More
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South Korea Furniture Market, By Product Type (Beds, Tables & Desks, Sofa & Couch, Chairs & Stools, Cabinets & Shelves); By Material (Metal, Wood, Plastic, Glass); By Application (Residential, Commercial); By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online); Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... Hypermarkets, Specialty Stores, Online); Trend Analysis, Competitive Landscape & Forecast, 2019–2030 South Korea Furniture Market Size to Touch Value of USD 5.2 Billion by 2030 South Korea Furniture Market is flourishing due to the rising ... Read More
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South Korea Loyalty Programs Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q3 2024 Update
... PayNXT360’s, loyalty market in the country is expected to grow by 10.0% on annual basis to reach US$3,484.0 million in 2024. In value terms, the loyalty market in the country has recorded a CAGR of ... Read More
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Online Retail in South Korea
... 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 ... Read More
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South Korea E-commerce - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)
... USD 6.82 trillion by 2029, growing at a CAGR of 19.49% during the forecast period (2024-2029). Key Highlights The country's retail sector is being rewired by digitally inspired innovations that go beyond the channel shift. ... Read More
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South Korea Robot Software Market by Software Type (Recognition Software, Simulation Software, Predictive Maintenance Software, Communication Management Software, and Data Management and Analysis Software), by Robot Type (Service Robots and Industrial Robots), by Deployment Mode (On-premise and On-demand), by Organization Size (Large Enterprises and Small and Medium-sized Enterprises (SMEs)), and by Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Automotive, Retail and E-Commerce, Aerospace & Defense, Healthcare and Life Sciences, Transportation and Logistics, Manufacturing, Telecommunications and IT, Academia and Research, Media & Entertainment, and Others) – Opportunity Analysis and Industry Forecast, 2024–2030
... (On-premise and On-demand), by Organization Size (Large Enterprises and Small and Medium-sized Enterprises (SMEs)), and by Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Automotive, Retail and E-Commerce, Aerospace & Defense, Healthcare and Life Sciences, ... Read More
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