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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 - Q1 2023 Update

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    Report

  • 70 Pages
  • February 2023
  • Region: South Korea
  • PayNXT360
  • ID: 5578560
Description Jump to:
According to the publisher, the social commerce industry in South Korea is expected to grow by 21.2% on annual basis to reach US$18163.5 million in 2023.

The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 15.0% during 2022-2028. The social commerce GMV in the country will increase from US$18163.5 million in 2023 to reach US$42082.1 million by 2028.

This report provides a detailed data centric analysis of social commerce industry, covering market opportunities and risks. With over 50+ KPIs at country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics.

The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

Scope

This report provides in-depth, data-centric analysis of social commerce in South Korea. Below is a summary of key market segments:

South Korea Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028

South Korea Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028

South Korea Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2019-2028

  • Clothing & Footwear
  • Beauty and Personal Care
  • Food & Grocery
  • Appliances and Electronics
  • Home Improvement
  • Travel
  • Hospitality

South Korea Social Commerce Industry Market Size and Forecast by End Use Segment, 2019-2028

  • B2B
  • B2C
  • C2C

South Korea Social Commerce Industry Market Size and Forecast by End Use Device, 2019-2028

  • Mobile
  • Desktop

South Korea Social Commerce Industry Market Size and Forecast by Location, 2019-2028

  • Domestic
  • Cross Border

South Korea Social Commerce Industry Market Size and Forecast by Location, 2019-2028

  • Tier-1 Cities
  • Tier-2 Cities
  • Tier-3 Cities

South Korea Social Commerce Industry Market Size and Forecast by Payment Method, 2019-2028

  • Credit Card
  • Debit Card
  • Bank Transfer
  • Prepaid Card
  • Digital & Mobile Wallet
  • Other Digital Payment
  • Cash

South Korea Social Commerce Industry Market Size and Forecast by Platforms

  • Video Commerce
  • Social Network-Led Commerce
  • Social Reselling
  • Group Buying
  • Product Review Platforms

South Korea Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour,2022

  • By Age
  • By Income Level
  • By Gender

Reasons to buy

  • In-depth Understanding of Social Commerce Market Dynamics: Understand market opportunities and key trends along with forecast (2019-2028).
  • Insights into Opportunity by end-use sectors - Get market dynamics by end-use sectors to assess emerging opportunity across various end-use sectors.
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate social commerce strategy; assess market specific key trends, drivers, and risks in the industry.
Frequently Asked Questions about the South Korean Social Commerce Market

What is the estimated value of the South Korean Social Commerce Market?

The South Korean Social Commerce Market was estimated to be valued at $18163.5 Million in 2023.

What is the growth rate of the South Korean Social Commerce Market?

The growth rate of the South Korean Social Commerce Market is 18.3%, with an estimated value of $42082.1 Million by 2028.

What is the forecasted size of the South Korean Social Commerce Market?

The South Korean Social Commerce Market is estimated to be worth $42082.1 Million by 2028.
Report AttributeDetails
No. of Pages70
PublishedFebruary 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 18163.5 Million
Forecasted Market Value ( USD ) by 2028 $ 42082.1 Million
Compound Annual Growth Rate18.3%
Regions CoveredSouth Korea

Table of Contents

1. About this Report.
1.1. Summary
1.2. Methodology
1.3. Social Commerce Definitions
1.4. Disclaimer
2. South Korea Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators
2.1. South Korea Ecommerce - Gross Merchandise Value Trend Analysis, 2019-2028
2.2. South Korea Ecommerce - Average Value Per Transaction Trend Analysis, 2019-2028
2.3. South Korea Ecommerce - Transaction Volume Trend Analysis, 2019-2028
3. South Korea Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators
3.1. South Korea Social Commerce - Gross Merchandise Value Trend Analysis, 2019-2028
3.2. South Korea Social Commerce - Transaction Volume Trend Analysis, 2019-2028
3.3. South Korea Social Commerce - Average Value Per Transaction Trend Analysis, 2019-2028
3.4. South Korea Social Commerce Market Share Analysis by Key Players, 2021
4. South Korea Social Commerce Industry Market Size and Forecast by Retail Product Categories
4.1. South Korea Social Commerce Market Share by Retail Product Categories (%), 2022 Vs. 2028
4.2. South Korea Social Commerce Clothing & Footwear - Gross Merchandise Value Trend Analysis, 2019-2028
4.3. South Korea Social Commerce Beauty and Personal Care - Gross Merchandise Value Trend Analysis, 2019-2028
4.4. South Korea Social Commerce Food & Grocery - Gross Merchandise Value Trend Analysis, 2019-2028
4.5. South Korea Social Commerce Appliances and Electronics - Gross Merchandise Value Trend Analysis, 2019-2028
4.6. South Korea Social Commerce Home Improvement - Gross Merchandise Value Trend Analysis, 2019-2028
4.7. South Korea Social Commerce Travel - Gross Merchandise Value Trend Analysis, 2019-2028
4.8. South Korea Social Commerce Hospitality - Gross Merchandise Value Trend Analysis, 2019-2028
5. South Korea Social Commerce Industry Market Size and Forecast by End Use Segment
5.1. South Korea Social Commerce Market Share by End Use Segment (%), 2022 Vs. 2028
5.2. South Korea Social Commerce B2B Segment - Gross Merchandise Value Trend Analysis, 2019-2028
5.3. South Korea Social Commerce B2C Segment - Gross Merchandise Value Trend Analysis, 2019-2028
5.4. South Korea Social Commerce C2C Segment - Gross Merchandise Value Trend Analysis, 2019-2028
6. South Korea Social Commerce Industry Market Size and Forecast by End Use Device
6.1. South Korea Social Commerce Market Share by End Use Device (%), 2022 Vs. 2028
6.2. South Korea Social Commerce by Mobile - Gross Merchandise Value Trend Analysis, 2019-2028
6.3. South Korea Social Commerce by Desktop - Gross Merchandise Value Trend Analysis, 2019-2028
7. South Korea Social Commerce Industry Market Size and Forecast by Location
7.1. South Korea Social Commerce Market Share by Location (%), 2022 Vs. 2028
7.2. South Korea Social Commerce by Cross Border - Gross Merchandise Value Trend Analysis, 2019-2028
7.3. South Korea Social Commerce by Domestic - Gross Merchandise Value Trend Analysis, 2019-2028
8. South Korea Social Commerce Industry Market Size and Forecast by Cities
8.1. South Korea Social Commerce Market Share by Cities (%), 2022 Vs. 2028
8.2. South Korea Social Commerce by Tier-1 Cities - Gross Merchandise Value Trend Analysis, 2019-2028
8.3. South Korea Social Commerce by Tier-2 Cities - Gross Merchandise Value Trend Analysis, 2019-2028
8.4. South Korea Social Commerce by Tier-3 Cities - Gross Merchandise Value Trend Analysis, 2019-2028
9. South Korea Social Commerce Industry Market Size and Forecast by Payment Method
9.1. South Korea Social Commerce Market Share by Payment Method (%), 2022 Vs. 2028
9.2. South Korea Social Commerce Payment by Credit Card - Gross Merchandise Value Trend Analysis, 2019-2028
9.3. South Korea Social Commerce Payment by Debit Card - Gross Merchandise Value Trend Analysis, 2019-2028
9.4. South Korea Social Commerce Payment by Bank Transfer - Gross Merchandise Value Trend Analysis, 2019-2028
9.5. South Korea Social Commerce Payment by Prepaid Card - Gross Merchandise Value Trend Analysis, 2019-2028
9.6. South Korea Social Commerce Payment by Digital & Mobile Wallet - Gross Merchandise Value Trend Analysis, 2019-2028
9.7. South Korea Social Commerce Payment by Other Digital Payment - Gross Merchandise Value Trend Analysis, 2019-2028
9.8. South Korea Social Commerce Payment by Cash - Gross Merchandise Value Trend Analysis, 2019-2028
10. South Korea Social Commerce Industry Market Size and Forecast by Platforms
10.1. South Korea Social Commerce Market Share by Platforms Method (%), 2022 Vs. 2028
10.2. South Korea Social Commerce Platforms by Video Commerce (Live Stream + Pre-recorded) - Gross Merchandise Value Trend Analysis, 2019-2028
10.3. South Korea Social Commerce Platforms by Social Network-Led Commerce - Gross Merchandise Value Trend Analysis, 2019-2028
10.4. South Korea Social Commerce Platforms by Social Reselling - Gross Merchandise Value Trend Analysis, 2019-2028
10.5. South Korea Social Commerce Platforms by Group Buying - Gross Merchandise Value Trend Analysis, 2019-2028
10.6. South Korea Social Commerce Platforms by Product Review Platforms - Gross Merchandise Value Trend Analysis, 2019-2028
11. South Korea Social Commerce Industry Market Size and Forecast by Contents
11.1. South Korea Social Commerce Market Share by Contents (%), 2022 Vs. 2028
11.2. South Korea Social Commerce Contents by Live Streamers - Gross Merchandise Value Trend Analysis, 2019-2028
11.3. South Korea Social Commerce Contents by Gaming Streamers - Gross Merchandise Value Trend Analysis, 2019-2028
11.4. South Korea Social Commerce Contents by Reels - Gross Merchandise Value Trend Analysis, 2019-2028
11.5. South Korea Social Commerce Contents by Influencers - Gross Merchandise Value Trend Analysis, 2019-2028
11.6. South Korea Social Commerce Contents by Stories - Gross Merchandise Value Trend Analysis, 2019-2028
12. South Korea Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour
12.1. South Korea Social Commerce Spend Share by Age Group, 2022
12.2. South Korea Social Commerce by Age Group - Gen Z (15-27) - Gross Merchandise Value Trend Analysis, 2019-2028
12.3. South Korea Social Commerce by Age Group - Millennials (28-44) - Gross Merchandise Value Trend Analysis, 2019-2028
12.4. South Korea Social Commerce by Age Group - Gen X (45 - 60) - Gross Merchandise Value Trend Analysis, 2019-2028
12.5. South Korea Social Commerce by Age Group - Baby Boomers (60+) - Gross Merchandise Value Trend Analysis, 2019-2028
12.6. South Korea Social Commerce Share by Income Level, 2022
12.7. South Korea Social Commerce Share by Gender, 2022
13. Further Reading
13.1. About the Publisher
13.2. Related Research
List of Figures
Figure 1: The Methodology Framework
Figure 2: South Korea Ecommerce - Gross Merchandise Value (US$ Million), 2019-2028
Figure 3: South Korea Ecommerce - Average Value Per Transaction Trend Analysis (US$), 2019-2028
Figure 4: South Korea Ecommerce - Transaction Volume (Million), 2019-2028
Figure 5: South Korea Social Commerce - Gross Merchandise Value (US$ Million), 2019-2028
Figure 6: South Korea Social Commerce - Transaction Volume (Million), 2019-2028
Figure 7: South Korea Social Commerce - Average Value Per Transaction Trend Analysis (US$), 2019-2028
Figure 8: South Korea Social Commerce - Market Share Analysis by Key Players (%), 2021
Figure 9: South Korea Social Commerce Market Share by Retail Product Categories (%), 2022 Vs. 2028
Figure 10: South Korea Social Commerce Clothing & Footwear - Gross Merchandise Value (US$ Million), 2019-2028
Figure 11: South Korea Social Commerce Beauty and Personal Care - Gross Merchandise Value (US$ Million), 2019-2028
Figure 12: South Korea Social Commerce Food & Grocery - Gross Merchandise Value (US$ Million), 2019-2028
Figure 13: South Korea Social Commerce Appliances and Electronics - Gross Merchandise Value (US$ Million), 2019-2028
Figure 14: South Korea Social Commerce Home Improvement - Gross Merchandise Value (US$ Million), 2019-2028
Figure 15: South Korea Social Commerce Travel - Gross Merchandise Value (US$ Million), 2019-2028
Figure 16: South Korea Social Commerce Hospitality - Gross Merchandise Value (US$ Million), 2019-2028
Figure 17: South Korea Social Commerce Market Share by End Use Segment (%), 2022 Vs. 2028
Figure 18: South Korea Social Commerce B2B Segment - Gross Merchandise Value (US$ Million), 2019-2028
Figure 19: South Korea Social Commerce B2C Segment - Gross Merchandise Value (US$ Million), 2019-2028
Figure 20: South Korea Social Commerce C2C Segment - Gross Merchandise Value (US$ Million), 2019-2028
Figure 21: South Korea Social Commerce Market Share by End Use Device (%), 2022 Vs. 2028
Figure 22: South Korea Social Commerce by Mobile - Gross Merchandise Value (US$ Million), 2019-2028
Figure 23: South Korea Social Commerce by Desktop - Gross Merchandise Value (US$ Million), 2019-2028
Figure 24: South Korea Social Commerce Market Share by Location (%), 2022 Vs. 2028
Figure 25: South Korea Social Commerce by Cross Border - Gross Merchandise Value (US$ Million), 2019-2028
Figure 26: South Korea Social Commerce by Domestic - Gross Merchandise Value (US$ Million), 2019-2028
Figure 27: South Korea Social Commerce Market Share by Cities (%), 2022 Vs. 2028
Figure 28: South Korea Social Commerce by Tier-1 Cities - Gross Merchandise Value (US$ Million), 2019-2028
Figure 29: South Korea Social Commerce by Tier-2 Cities - Gross Merchandise Value (US$ Million), 2019-2028
Figure 30: South Korea Social Commerce by Tier-3 Cities - Gross Merchandise Value (US$ Million), 2019-2028
Figure 31: South Korea Social Commerce Market Share by Payment Method (%), 2022 Vs. 2028
Figure 32: South Korea Social Commerce Payment by Credit Card - Gross Merchandise Value (US$ Million), 2019-2028
Figure 33: South Korea Social Commerce Payment by Debit Card - Gross Merchandise Value (US$ Million), 2019-2028
Figure 34: South Korea Social Commerce Payment by Bank Transfer - Gross Merchandise Value (US$ Million), 2019-2028
Figure 35: South Korea Social Commerce Payment by Prepaid Card - Gross Merchandise Value (US$ Million), 2019-2028
Figure 36: South Korea Social Commerce Payment by Digital & Mobile Wallet - Gross Merchandise Value (US$ Million), 2019-2028
Figure 37: South Korea Social Commerce Payment by Other Digital Payment - Gross Merchandise Value (US$ Million), 2019-2028
Figure 38: South Korea Social Commerce Payment by Cash - Gross Merchandise Value (US$ Million), 2019-2028
Figure 39: South Korea Social Commerce Market Share by Platforms (%), 2022 Vs. 2028
Figure 40: South Korea Social Commerce Platforms by Video Commerce (Live Stream + Prerecorded) - Gross Merchandise Value (US$ Million), 2019-2028
Figure 41: South Korea Social Commerce Platforms by Social Network-Led Commerce - Gross Merchandise Value (US$ Million), 2019-2028
Figure 42: South Korea Social Commerce Platforms by Social Reselling - Gross Merchandise Value (US$ Million), 2019-2028
Figure 43: South Korea Social Commerce Platforms by Group Buying - Gross Merchandise Value (US$ Million), 2019-2028
Figure 44: South Korea Social Commerce Platforms by Product Review Platforms - Gross Merchandise Value (US$ Million), 2019-2028
Figure 45: South Korea Social Commerce Market Share by Contents (%), 2022 Vs. 2028
Figure 46: South Korea Social Commerce Contents by Live Streamers - Gross Merchandise Value (US$ Million), 2019-2028
Figure 47: South Korea Social Commerce Contents by Gaming Streamers - Gross Merchandise Value (US$ Million), 2019-2028
Figure 48: South Korea Social Commerce Contents by Reels - Gross Merchandise Value (US$ Million), 2019-2028
Figure 49: South Korea Social Commerce Contents by Influencers - Gross Merchandise Value (US$ Million), 2019-2028
Figure 50: South Korea Social Commerce Contents by Stories - Gross Merchandise Value (US$ Million), 2019-2028
Figure 51: South Korea Social Commerce Share by Age Group (%), 2022
Figure 52: South Korea Social Commerce by Age Group - Gen Z (15-27) - Gross Merchandise Value Trend Analysis (US$ Million), 2019-2028
Figure 53: South Korea Social Commerce by Age Group - Millennials (28-44) - Gross Merchandise Value Trend Analysis (US$ Million), 2019-2028
Figure 54: South Korea Social Commerce by Age Group - Gen X (45 - 60) - Gross Merchandise Value Trend Analysis (US$ Million), 2019-2028
Figure 55: South Korea Social Commerce by Age Group - Baby Boomers (60+) - Gross Merchandise Value Trend Analysis (US$ Million), 2019-2028
Figure 56: South Korea Social Commerce Share by Income Level (%), 2022
Figure 57: South Korea Social Commerce Share by Gender (%), 2022
List of Tables
Table 1: South Korea Ecommerce - Gross Merchandise Value (US$ Million), 2019-2028
Table 2: South Korea Ecommerce - Average Value Per Transaction Trend Analysis (US$), 2019-2028
Table 3: South Korea Ecommerce - Transaction Volume (Million), 2019-2028
Table 4: South Korea Social Commerce - Gross Merchandise Value (US$ Million), 2019-2028
Table 5: South Korea Social Commerce - Transaction Volume (Million), 2019-2028
Table 6: South Korea Social Commerce - Average Value Per Transaction Trend Analysis (US$), 2019-2028
Table 7: South Korea Social Commerce Clothing & Footwear - Gross Merchandise Value (US$ Million), 2019-2028
Table 8: South Korea Social Commerce Beauty and Personal Care - Gross Merchandise Value (US$ Million), 2019-2028
Table 9: South Korea Social Commerce Food & Grocery - Gross Merchandise Value (US$ Million), 2019-2028
Table 10: South Korea Social Commerce Appliances and Electronics - Gross Merchandise Value (US$ Million), 2019-2028
Table 11: South Korea Social Commerce Home Improvement - Gross Merchandise Value (US$ Million), 2019-2028
Table 12: South Korea Social Commerce Travel - Gross Merchandise Value (US$ Million), 2019-2028
Table 13: South Korea Social Commerce Hospitality - Gross Merchandise Value (US$ Million), 2019-2028
Table 14: South Korea Social Commerce B2B Segment - Gross Merchandise Value (US$ Million), 2019-2028
Table 15: South Korea Social Commerce B2C Segment - Gross Merchandise Value (US$ Million), 2019-2028
Table 16: South Korea Social Commerce C2C Segment - Gross Merchandise Value (US$ Million), 2019-2028
Table 17: South Korea Social Commerce by Mobile - Gross Merchandise Value (US$ Million), 2019-2028
Table 18: South Korea Social Commerce by Desktop - Gross Merchandise Value (US$ Million), 2019-2028
Table 19: South Korea Social Commerce by Cross Border - Gross Merchandise Value (US$ Million), 2019-2028
Table 20: South Korea Social Commerce by Domestic - Gross Merchandise Value (US$ Million), 2019-2028
Table 21: South Korea Social Commerce by Tier-1 Cities - Gross Merchandise Value (US$ Million), 2019-2028
Table 22: South Korea Social Commerce by Tier-2 Cities - Gross Merchandise Value (US$ Million), 2019-2028
Table 23: South Korea Social Commerce by Tier-3 Cities - Gross Merchandise Value (US$ Million), 2019-2028
Table 24: South Korea Social Commerce Payment by Credit Card - Gross Merchandise Value (US$ Million), 2019-2028
Table 25: South Korea Social Commerce Payment by Debit Card - Gross Merchandise Value (US$ Million), 2019-2028
Table 26: South Korea Social Commerce Payment by Bank Transfer - Gross Merchandise Value (US$ Million), 2019-2028
Table 27: South Korea Social Commerce Payment by Prepaid Card - Gross Merchandise Value (US$ Million), 2019-2028
Table 28: South Korea Social Commerce Payment by Digital & Mobile Wallet - Gross Merchandise Value (US$ Million), 2019-2028
Table 29: South Korea Social Commerce Payment by Other Digital Payment - Gross Merchandise Value (US$ Million), 2019-2028
Table 30: South Korea Social Commerce Payment by Cash - Gross Merchandise Value (US$ Million), 2019-2028
Table 31: South Korea Social Commerce Platforms by Video Commerce (Live Stream + Prerecorded) - Gross Merchandise Value (US$ Million), 2019-2028
Table 32: South Korea Social Commerce Platforms by Social Network-Led Commerce - Gross Merchandise Value (US$ Million), 2019-2028
Table 33: South Korea Social Commerce Platforms by Social Reselling - Gross Merchandise Value (US$ Million), 2019-2028
Table 34: South Korea Social Commerce Platforms by Group Buying - Gross Merchandise Value (US$ Million), 2019-2028
Table 35: South Korea Social Commerce Platforms by Product Review Platforms - Gross Merchandise Value (US$ Million), 2019-2028
Table 36: South Korea Social Commerce Contents by Live Streamers - Gross Merchandise Value (US$ Million), 2019-2028
Table 37: South Korea Social Commerce Contents by Gaming Streamers - Gross Merchandise Value (US$ Million), 2019-2028
Table 38: South Korea Social Commerce Contents by Reels - Gross Merchandise Value (US$ Million), 2019-2028
Table 39: South Korea Social Commerce Contents by Influencers - Gross Merchandise Value (US$ Million), 2019-2028
Table 40: South Korea Social Commerce Contents by Stories - Gross Merchandise Value (US$ Million), 2019-2028
Table 41: South Korea Social Commerce by Age Group - Gen Z (15-27) - Gross Merchandise Value Trend Analysis (US$ Million), 2019-2028
Table 42: South Korea Social Commerce by Age Group - Millennials (28-44) - Gross Merchandise Value Trend Analysis (US$ Million), 2019-2028
Table 43: South Korea Social Commerce by Age Group - Gen X (45 - 60) - Gross Merchandise Value Trend Analysis (US$ Million), 2019-2028
Table 44: South Korea Social Commerce by Age Group - Baby Boomers (60+) - Gross Merchandise Value Trend Analysis (US$ Million), 2019-2028

Methodology

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