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South Korea Online Retail Market Summary, Competitive Analysis and Forecast to 2026

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    Report

  • 43 Pages
  • January 2023
  • Region: South Korea
  • MarketLine
  • ID: 5793908
Online Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). 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 Clothing & Footwear, Electricals, Food & Grocery, Health & Beauty, Home and Other (Books, News & Stationery, Jewelry & Watches, Luggage & Leather Goods, Music, Video & Entertainment Software, Sports & Leisure Equipment and others) segments, 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. Online specialists retailers include sell only via the internet. Other online retail is a sell done online by retailers that also operate via offline channels (in-store, mail order, direct selling, etc.)
  • The South Korean online retail market had total revenues of $101,034.4m in 2021, representing a compound annual growth rate (CAGR) of 18.5% between 2017 and 2021.
  • Online Specialists account for the largest proportion of sales in the South Korean online retail market in 2021, sales through this channel generated $70,279.4m, equivalent to 69.6% of the market's overall value.
  • The online retail market is supported by the country’s robust technology infrastructure, which ensures the availability of high-speed internet as well as a significant number of tech-savvy customers.

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 2021?
  • What will be the size of the South Korea online retail market in 2026?
  • 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?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value 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 main business models in the market?
7.3. What strategies do the leading players follow?
7.4. Who are the main challengers to the incumbents?
8 Company Profiles
8.1. Gwangju Shinsegae Co. Ltd.
8.2. Amazon.com, Inc.
8.3. CJ CheilJedang Corp
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 online retail sector value: $ million, 2016-21
Table 2: South Korea online retail sector category segmentation: % share, by value, 2016-2021
Table 3: South Korea online retail sector category segmentation: $ million, 2016-2021
Table 4: South Korea online retail sector geography segmentation: $ million, 2021
Table 5: South Korea online retail sector distribution: % share, by value, 2021
Table 6: South Korea online retail sector value forecast: $ million, 2021-26
Table 7: Gwangju Shinsegae Co. Ltd.: key facts
Table 8: Gwangju Shinsegae Co. Ltd.: Annual Financial Ratios
Table 9: Gwangju Shinsegae Co. Ltd.: Key Employees
Table 10: Amazon.com, Inc.: key facts
Table 11: Amazon.com, Inc.: Annual Financial Ratios
Table 12: Amazon.com, Inc.: Key Employees
Table 13: Amazon.com, Inc.: Key Employees Continued
Table 14: CJ CheilJedang Corp: key facts
Table 15: CJ CheilJedang Corp: Annual Financial Ratios
Table 16: CJ CheilJedang Corp: Key Employees
Table 17: South Korea size of population (million), 2017-21
Table 18: South Korea gdp (constant 2005 prices, $ billion), 2017-21
Table 19: South Korea gdp (current prices, $ billion), 2017-21
Table 20: South Korea inflation, 2017-21
Table 21: South Korea consumer price index (absolute), 2017-21
Table 22: South Korea exchange rate, 2017-21
List of Figures
Figure 1: South Korea online retail sector value: $ million, 2016-21
Figure 2: South Korea online retail sector category segmentation: $ million, 2016-2021
Figure 3: South Korea online retail sector geography segmentation: % share, by value, 2021
Figure 4: South Korea online retail sector distribution: % share, by value, 2021
Figure 5: South Korea online retail sector value forecast: $ million, 2021-26
Figure 6: Forces driving competition in the online retail sector in South Korea, 2021
Figure 7: Drivers of buyer power in the online retail sector in South Korea, 2021
Figure 8: Drivers of supplier power in the online retail sector in South Korea, 2021
Figure 9: Factors influencing the likelihood of new entrants in the online retail sector in South Korea, 2021
Figure 10: Factors influencing the threat of substitutes in the online retail sector in South Korea, 2021
Figure 11: Drivers of degree of rivalry in the online retail sector in South Korea, 2021

Companies Mentioned (Partial List)

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

  • Gwangju Shinsegae Co. Ltd.
  • Amazon.com, Inc.
  • CJ CheilJedang Corp

Table Information