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South Korea Real Estate Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 42 Pages
  • August 2023
  • Region: South Korea
  • MarketLine
  • ID: 5644324
Real Estate in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Real estate refers to physical property and consists of land and buildings. The market scope includes renting and leasing various types of real estate properties.
  • The South Korean real estate industry had total revenues of $159.72 billion in 2022, representing a compound annual growth rate (CAGR) of 2.9% between 2017 and 2022.
  • Industry consumption volume increased with a CAGR of 1.1% between 2017 and 2022, to reach a total of 15,108 thousand units in 2022.
  • South Korea’s share of the real estate industry in the Asia-Pacific region stood at 5.2% in 2022. The growth in the real estate industry in 2022 was impacted by the rise in inflation which lowered consumer spending.

Scope

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

Reasons to Buy

  • What was the size of the South Korea real estate market by value in 2022?
  • What will be the size of the South Korea real estate market in 2027?
  • What factors are affecting the strength of competition in the South Korea real estate market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's real estate market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the most notable recent developments in this industry?
8 Company Profiles
8.1. CBRE Group, Inc.
8.2. Korea Real Estate Investment Trust Co Ltd
8.3. K·REITS & Partners Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: South Korea real estate market value: $ million, 2017-22
Table 2: South Korea real estate market volume: thousand units, 2017-22
Table 3: South Korea real estate market category segmentation: % share, by value, 2017-2022
Table 4: South Korea real estate market category segmentation: $ million, 2017-2022
Table 5: South Korea real estate market geography segmentation: $ million, 2022
Table 6: South Korea real estate market value forecast: $ million, 2022-27
Table 7: South Korea real estate market volume forecast: thousand units, 2022-27
Table 8: CBRE Group, Inc.: key facts
Table 9: CBRE Group, Inc.: Annual Financial Ratios
Table 10: CBRE Group, Inc.: Key Employees
Table 11: CBRE Group, Inc.: Key Employees Continued
Table 12: Korea Real Estate Investment Trust Co Ltd: key facts
Table 13: Korea Real Estate Investment Trust Co Ltd: Annual Financial Ratios
Table 14: Korea Real Estate Investment Trust Co Ltd: Key Employees
Table 15: K·REITS & Partners Co Ltd: key facts
Table 16: K·REITS & Partners Co Ltd: Key Employees
Table 17: South Korea size of population (million), 2018-22
Table 18: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 19: South Korea gdp (current prices, $ billion), 2018-22
Table 20: South Korea inflation, 2018-22
Table 21: South Korea consumer price index (absolute), 2018-22
Table 22: South Korea exchange rate, 2018-22
List of Figures
Figure 1: South Korea real estate market value: $ million, 2017-22
Figure 2: South Korea real estate market volume: thousand units, 2017-22
Figure 3: South Korea real estate market category segmentation: $ million, 2017-2022
Figure 4: South Korea real estate market geography segmentation: % share, by value, 2022
Figure 5: South Korea real estate market value forecast: $ million, 2022-27
Figure 6: South Korea real estate market volume forecast: thousand units, 2022-27
Figure 7: Forces driving competition in the real estate market in South Korea, 2022
Figure 8: Drivers of buyer power in the real estate market in South Korea, 2022
Figure 9: Drivers of supplier power in the real estate market in South Korea, 2022
Figure 10: Factors influencing the likelihood of new entrants in the real estate market in South Korea, 2022
Figure 11: Factors influencing the threat of substitutes in the real estate market in South Korea, 2022
Figure 12: Drivers of degree of rivalry in the real estate market in South Korea, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • CBRE Group, Inc.
  • Korea Real Estate Investment Trust Co Ltd
  • K·REITS & Partners Co Ltd