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

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