Online Retail in South Korea

Online Retail in South Korea

  • February 2020 •
  • 41 pages •
  • Report ID: 4313979 •
  • Format: PDF
Online Retail in South Korea

Summary
Online Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile 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 includes all sales within each category listed below, provided they take place over the internet, where the payment does not occur in-store on a later occasion. Data is included irrespective of whether the vendor is a pure-play internet company or the online offering of a bricks and mortar retailer.
- The South Korean online retail sector generated total revenues of $37.8bn in 2018, representing a compound annual growth rate (CAGR) of 17.8% between 2014 and 2018.
- The food and grocery retail segment was the sector’s most lucrative in 2018, with total revenues of $11.1bn, equivalent to 29.2% of the sector’s overall value.
- The high rate of consumer engagement with the internet, along with an increasing number of consumers based on the rising penetration of mobile internet, has stimulated the adoption of online shopping habits.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the online retail market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online retail market in South Korea
- Leading company profiles reveal details of key online retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea online retail market with five year forecasts

Reasons to Buy

- What was the size of the South Korea online retail market by value in 2018?
- What will be the size of the South Korea online retail market in 2023?
- What factors are affecting the strength of competition in the South Korea online retail market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea’s online retail market?
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