According to the publisher, social commerce industry in South Korea is expected to grow by 18.2% on annual basis to reach US$21.18 billion in 2024.
The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 14.4% during 2024-2029. The social commerce GMV in the country will increase from US$17.91 billion in 2023 to reach US$41.42 billion by 2029.
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.
The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 14.4% during 2024-2029. The social commerce GMV in the country will increase from US$17.91 billion in 2023 to reach US$41.42 billion by 2029.
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, 2020-2029
South Korea Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029
South Korea Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2020-2029
- 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 Consumer Segment, 2020-2029
- B2B
- B2C
- C2C
South Korea Social Commerce Industry Market Size and Forecast by End Use Device, 2020-2029
- Mobile
- Desktop
South Korea Social Commerce Industry Market Size and Forecast by Location, 2020-2029
- Domestic
- Cross Border
South Korea Social Commerce Industry Market Size and Forecast by Location, 2020-2029
- Tier-1 Cities
- Tier-2 Cities
- Tier-3 Cities
South Korea Social Commerce Industry Market Size and Forecast by Payment Method, 2020-2029
- 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,2023
- 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 (2020-2029).
- 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.
Table of Contents
1. About this Report
2. South Korea Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators
3. South Korea Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators
4. South Korea Social Commerce Industry Market Size and Forecast by Location
5. South Korea Social Commerce Industry Market Size and Forecast by Product Categories
6. South Korea Social Commerce Industry Market Size and Forecast by End Use Consumer Segment
7. South Korea Social Commerce Industry Market Size and Forecast by End Use Device
8. South Korea Social Commerce Industry Market Size and Forecast by Cities
9. South Korea Social Commerce Industry Market Size and Forecast by Payment Method
10. South Korea Social Commerce Industry Market Size and Forecast by Platforms
11. South Korea Social Commerce Industry Market Size and Forecast by Contents
12. South Korea Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour
13. Further Reading
Companies Mentioned
- TikTok
- TMON
- Zigbang
- Wemakeprice
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 70 |
| Published | February 2024 |
| Forecast Period | 2024 - 2029 |
| Estimated Market Value ( USD | $ 21.2 Billion |
| Forecasted Market Value ( USD | $ 41.4 Billion |
| Compound Annual Growth Rate | 14.4% |
| Regions Covered | South Korea |
| No. of Companies Mentioned | 5 |
