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South Korea Retail Market Size, Share, Growth, Analysis: By Product Type: Food, Beverage, and Tobacco Products, Personal Care and Household, Apparel, Footwear, and Accessories, Furniture, Toys, and Hobby, Industrial and Automotive, Others; By Distribution Channel; Market Dynamics; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia-Pacific Retail Market Overview
8.1 Key Industry Highlights
8.2 Asia-Pacific Retail Historical Market (2018-2023)
8.3 Asia-Pacific Retail Market Forecast (2024-2032)
9 South Korea Retail Market Overview
9.1 Key Industry Highlights
9.2 South Korea Retail Historical Market (2018-2023)
9.3 South Korea Retail Market Forecast (2024-2032)
10 South Korea Retail Market by Product Type
10.1 Food, Beverage, and Tobacco Products
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Personal Care and Household
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Apparel, Footwear, and Accessories
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Furniture, Toys, and Hobby
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Industrial and Automotive
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Electronic and Household Appliances
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Pharmaceuticals and Luxury Goods
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Others
11 South Korea Retail Market by Distribution Channel
11.1 Hypermarkets and Supermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Speciality Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Online
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Coupang Co., Ltd.
13.2.1.1 Company Overview
13.2.1.2 Type Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Lotte Corporation
13.2.2.1 Company Overview
13.2.2.2 Type Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 LG Electronics, Inc.
13.2.3.1 Company Overview
13.2.3.2 Type Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Hyundai Department Store Group. Co., Ltd.
13.2.4.1 Company Overview
13.2.4.2 Type Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Shinsegae I&C Inc.
13.2.5.1 Company Overview
13.2.5.2 Type Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 BGF Group
13.2.6.1 Company Overview
13.2.6.2 Type Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 7-Eleven, Inc.
13.2.7.1 Company Overview
13.2.7.2 Type Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 EMART Inc.
13.2.8.1 Company Overview
13.2.8.2 Type Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Costco Korea Co., Ltd.
13.2.9.1 Company Overview
13.2.9.2 Type Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Amorepacific Corporation
13.2.10.1 Company Overview
13.2.10.2 Type Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia-Pacific Retail Market: Key Industry Highlights, 2018 and 2032
2. South Korea Retail Market: Key Industry Highlights, 2018 and 2032
3. South Korea Retail Historical Market: Breakup by Product Type (USD Billion), 2018-2023
4. South Korea Retail Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
5. South Korea Retail Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
6. South Korea Retail Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
7. South Korea Retail Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 501.12 billion.
The market is estimated to grow at a CAGR of 4.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 738.32 billion by 2032.
The market is being driven by the rapid expansion of online distribution channels and the growth of the food and beverage sector.
The key trends aiding the market expansion include the rapid technological advancements, innovative marketing strategies adopted by retailers, and improvements in e-commerce platforms.
The major product types include food, beverage, and tobacco products; personal care and household; apparel, footwear, and accessories; furniture, toys, and hobby; industrial and automotive; electronic and household appliances; and pharmaceuticals and luxury goods, among others.
The distribution channels include hypermarkets and supermarkets, convenience stores, speciality stores, and online, among others.
The major players in the market are Coupang Co., Ltd., Lotte Corporation, LG Electronics, Inc., Hyundai Department Store Group. Co., Ltd., Shinsegae I&C Inc., BGF Group, 7-Eleven, Inc., EMART Inc., Costco Korea Co., Ltd., and Amorepacific Corporation, among others.
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