openPR Logo
Press release

South Korea E-Commerce Market is Booming with a CAGR of 19.40% by 2032

02-18-2025 07:52 AM CET | Consumer Goods & Retail

Press release from: IMARC Group

South Korea e-commerce market

South Korea e-commerce market

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š ๐„-๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: 2023

๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐˜๐ž๐š๐ซ๐ฌ: 2018-2023

๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐˜๐ž๐š๐ซ๐ฌ: 2024-2032

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž: ๐Ÿ๐Ÿ—.๐Ÿ’๐ŸŽ% (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)

The South Korea e-commerce market is growing due to digitalization, changing consumer behavior and improvements in the logistics system. According to IMARC Group, the market sizeย is projected to exhibit a growth rate (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ๐Ÿ—.๐Ÿ’๐ŸŽ% duringโ€ฏ2024-2032.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/south-korea-e-commerce-market/requestsample

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š ๐„-๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

The South Korea e-commerce market is growing due to digitalization, changing consumer behavior and improve in the logistics system. Online shopping has become popular in South Korea due to the high internet penetration rate and technologically advanced consumers. Mobile commerce is most common as most people prefer to shop through their mobile phones due to the convenience of the app, security in payment, and recommendation of products by artificial intelligence. The social commerce sector is also on the rise, and social networks and livestreaming have become the main drivers of purchase decisions. Furthermore, large e-commerce companies like Coupang, Naver Shopping, and Gmarket are improving by applying AI technologies, same-day delivery, and membership programs to improve the customer journey. Other factors that are driving growth include the growing popularity of subscription models for food, beauty products, and household needs, as well as the growing popularity of cross-border e-commerce, which allows Korean consumers to choose from a wider range of products, while Korean sellers are expanding their market reach, especially in the beauty, fashion, and electronics industries.

Another growing trend in the South Korea e-commerce market is sustainability and eco-friendly shopping. As people become more environmentally conscious, e-commerce companies are also responding by reducing carbon emissions in delivery services, promoting second-hand and refurbished product sales, and using sustainable packaging. Electric delivery vehicles and smart warehouses powered by renewable energy are also becoming integral to green logistics. Moreover, the rise of quick commerce, or Q-commerce, is revolutionizing the industry by offering instant delivery within hours, addressing the consumer need for instant gratification especially in metropolitan areas. The integration of technologies such as secure transactions via blockchain and virtual try-ons using AR is also improving the online shopping experience. Furthermore, the use of personalized AI-driven recommendations and chatbot-assisted customer support is increasing the level of service, which makes online shopping easier and more effective. Due to these innovations and changing consumer behavior, South Korea's e-commerce market is set to maintain its growth and become one of the most mature digital commerce markets in the world.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/checkout?id=19834&method=1262

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š ๐„-๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐“๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ก๐š๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐œ๐š๐ญ๐ž๐ ๐จ๐ซ๐ข๐ž๐ฌ:

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— B2C E-commerce
โ— Beauty and Personal Care
โ— Consumer Electronics
โ— Fashion and Apparel
โ— Food and Beverage
โ— Furniture and Home
โ— Others
โ— B2B E-commerce

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— Seoul Capital Area
โ— Yeongnam (Southeastern Region)
โ— Honam (Southwestern Region)
โ— Hoseo (Central Region)
โ— Others

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=19834&flag=C

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

โ— Amazon.com Inc.
โ— Coupang Corp.
โ— EMart Inc.
โ— Interpark Holdings
โ— Naver Corp

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ— ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘)
โ— ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ— COVID-19 Impact on the Market
โ— Porter's Five Forces Analysis
โ— Strategic Recommendations
โ— Historical, Current, and Future Market Trends
โ— Market Drivers and Success Factors
โ— SWOT Analysis
โ— Structure of the Market
โ— Value Chain Analysis
โ— Comprehensive Mapping of the Competitive Landscape

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐œ๐š๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release South Korea E-Commerce Market is Booming with a CAGR of 19.40% by 2032 here

News-ID: 3873185 • Views: โ€ฆ

More Releases from IMARC Group

Tea Market is Projected to Grow USD 38.1 Billion by 2033 | At CAGR 4.5%
Tea Market is Projected to Grow USD 38.1 Billion by 2033 | At CAGR 4.5%
Tea Market Overview: The global tea market was valued at USD 55.8 Billion in 2024 and is projected to reach USD 78.4 Billion by 2033, exhibiting a CAGR of 3.9% during the 2025-2033 forecast period. Growing consumer awareness about health benefits, rising demand for specialty and premium teas, and expanding cafeฬ culture are driving this growth. The tea market size is expanding rapidly due to increasing consumer preference for natural andโ€ฆ
Mexico Virtual Reality Market 2025 : Industry Size to Reach USD 1,340.91 Million by 2033, At a CAGR of 21.15%
Mexico Virtual Reality Market 2025 : Industry Size to Reach USD 1,340.91 Million โ€ฆ
IMARC Group has recently released a new research study titled "Mexico Virtual Reality Market Size, Share, Trends and Forecast by Device Type, Technology, Component, Application, and Region, 2025-2033", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. Market Overview The Mexico virtual reality market size reached USD 238.50 Million in 2024 and is projected to grow to USDโ€ฆ
United States Battery Recycling Market Size to Hit USD 7.9 Billion by 2033: Trends & Forecast
United States Battery Recycling Market Size to Hit USD 7.9 Billion by 2033: Tren โ€ฆ
IMARC Group has recently released a new research study titled "United States Battery Recycling Market Size, Share, Trends and Forecast by Type, Source, End Use, and Region, 2025-2033", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. Market Overview The United States battery recycling market was valued at USD 4.5 Billion in 2024 and is projected to reachโ€ฆ
Magnesium Tungstate Production Plant Cost Report: Feasibility Study and Setup Requirements
Magnesium Tungstate Production Plant Cost Report: Feasibility Study and Setup Re โ€ฆ
Introduction Magnesium tungstate is an inorganic compound composed of magnesium, tungsten, and oxygen, typically represented by the chemical formula MgWO4. It is recognized for its robust crystalline structure and notable luminescent properties, making it valuable in various optical and electronic applications. The compound exhibits high density, chemical stability, and strong resistance to thermal stress, enabling effective performance under demanding environmental conditions. Magnesium tungstate is commonly used in scintillation detectors, phosphor materials,โ€ฆ

All 5 Releases


More Releases for South

South Florida's Continuum South Beach Emerges as One of the Most Coveted Propert โ€ฆ
The Continuum South Beach reigns supreme as a highly coveted condominium in South Florida, presenting an array of offerings that ensure an elevated quality of life. Miami beach, FL - Continuum South Beach [https://www.continuuminsouthbeach.com/] presents a sanctuary of lavishness, featuring opulent apartments and a breathtaking riverfront location in close proximity to the finest attractions of Miami Beach. These extraordinary residences are discreetly nestled within this prestigious condominium, specifically within the Continuumโ€ฆ
Green Cool UK Expand Air Conditioning Services in South Wales and the South West
Cardiff, South Wales - Green Cool UK, the UK's leading air conditioning and refrigeration company, are pleased to announce the extension of their services in South Wales, including Cardiff, Swansea, Newport and into Bristol and the South West. With over 18 years experience in the HVAC industry Green Cool UK supply high performance air conditioning systems and green energy solutions for domestic and commercial customers. As air conditioning and refrigeration expertsโ€ฆ
2024 South Africa International Industrial Exhibition and China (South Africa) I โ€ฆ
Exhibition time: September 19-21, 2024 Exhibition location: Sandton Convention Centre, Johannesburg Organizer: South Africa Golden Bridge International Exhibition Company Exhibition introduction The South African International Industrial Exhibition [https://www.vovt-diesel.com/] and China (South Africa) International Trade Fair is a large-scale international exhibition held to promote Chinese enterprises to explore the African market. Relying on the advantageous resources of the local government, business associations and industry organizations in South Africa, it builds a pragmatic and efficient platformโ€ฆ
Stem Cell Therapy Market | Smith+Nephew (UK), MEDIPOST Co., Ltd. (South Korea), โ€ฆ
Stem Cell Therapy Market in terms of revenue was estimated to be worth $286 million in 2023 and is poised to reach $615 million by 2028, growing at a CAGR of 16.5% from 2023 to 2028 according to a new report by MarketsandMarkets. The global stem cell therapy market is expected to grow at a CAGR of 16.8% during the forecast period. The major factors driving the growth of theโ€ฆ
Global Pajamas Market Report - Japan, Europe, South Korea, Asia and America ( No โ€ฆ
Recently we published the latest report on the Pajamas market. The report on the Pajamas market provides a holistic analysis, of market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 15 vendors. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The Pajamas market analysis includes product segment and geographic landscape. Theโ€ฆ
South Africa Agriculture Market, South Africa Agriculture Industry, South Africa โ€ฆ
The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving ofโ€ฆ