Wire Stories

Social Commerce Market for South Korea is Projected to Reach $42,082.1 Million by 2028 – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "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 2022 Update" report has been added to ResearchAndMarkets.com's offering.

The Social Commerce industry in South Korea has recorded strong growth over the last four quarters, supported by increased e-commerce penetration and rising social commerce adoption in small cities.

According to the Q1 2022 Social Commerce Survey, social commerce industry in South Korea is expected to grow by 20.6% on annual basis to reach US$14, 981.9 million in 2022.

The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 19.0% during 2022-2028. The social commerce GMV in the country will increase from US$14981.9 million in 2022 to reach US$42,082.1 million by 2028.

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
  • Others

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 Consumer Demographics & Behaviour, 2021

  • By Age
  • By Income Level
  • By Gender

Reasons to Read the Report:

  • 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 opportunities 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. 

For more information about this report visit https://www.researchandmarkets.com/r/fefp4y

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

To Top