South Korea E-Commerce Market: Insights & Forecast with Potential Impact of COVID-19 (2021-2025)
Table of Contents
1. Market Overview
1.1 Introduction
1.2 Main Categories of E-Commerce
1.3 Technical Components of E-Commerce
1.4 The E-Commerce Shopping Process
1.5 Attributes of E-Commerce
1.6 Advantages of E-Commerce
1.7 Disadvantages of E-Commerce
2. Impact of COVID-19
2.1 Escalating E-Commerce Penetration Rate
2.2 Growth of Online Sales
2.3 Upswing in Internet Buyers
3. South Korea Market Analysis
3.1 South Korea E-Commerce Market by Value
3.2 South Korea E-Commerce Market Forecast by Value
3.3 South Korea E-Commerce Market by Product Category
3.3.1 South Korea Fashion E-Commerce Market by Value
3.3.2 South Korea Fashion E-Commerce Market Forecast by Value
3.3.3 South Korea Food & Beverages E-Commerce Market by Value
3.3.4 South Korea Food & Beverages E-Commerce Market Forecast by Value
3.3.5 South Korea Home Electric Appliances E-Commerce Market by Value
3.3.6 South Korea Home Electric Appliance E-Commerce Market Forecast by Value
3.3.7 South Korea Household Goods-Motor Vehicle Parts E-Commerce Market by Value
3.3.8 South Korea Household Goods-Motor Vehicle Parts E-Commerce Market Forecast by Value
3.3.9 South Korea Cosmetics E-Commerce Market by Value
3.3.10 South Korea Cosmetics E-Commerce Market Forecast by Value
3.3.11 South Korea Computer & Related Appliances E-Commerce Market by Value
3.3.12 South Korea Computer & Related Appliances E-Commerce Market Forecast by Value
3.3.13 South Korea Sports & Leisure E-Commerce Market by Value
3.3.14 South Korea Sports & Leisure E-Commerce Market Forecast by Value
3.3.15 South Korea Travel Services E-Commerce Market by Value
3.3.16 South Korea Travel Services E-Commerce Market Forecast by Value
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Mounting Penetration of Internet Users
4.1.2 Introduction of AI in retail
4.1.3 Expanding Urbanization
4.1.4 Escalating Trend of Online Advertising
4.1.5 Growing Usage of Smartphones
4.2 Key Trends & Developments
4.2.1 Rising Influence of Social Networking Platforms
4.2.2 Accelerating Growth of Mobile Payments
4.2.3 Increasing Adoption of Advanced Technologies
4.3 Challenges
4.3.1 Risk of E-Commerce Frauds
4.3.2 Imprecise Return Policies
5. Competitive Landscape
5.1 South Korea Market
5.1.1 Revenue Comparison of Key Players
5.1.2 Market Capitalization Comparison of Key Players
5.1.3 South Korea E-Commerce Market Share by Key Players
6. Company Profiles
6.1 SK Telecom Co., Ltd. (11Street)
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 Lotte Shopping Co., Ltd.
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3 eBay Inc. (eBay South Korea Co., Ltd.)
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies
6.4 Naver Corporation
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies
6.5 SSG.com Corp.
6.5.1 Business Overview
6.5.2 Business Strategies
6.6 Coupang, Inc.
6.6.1 Business Overview
6.6.2 Business Strategies
List of Figures
Main Categories of E-Commerce
Technical Components of E-Commerce
The E-Commerce Shopping Process
Attributes of E-Commerce
Advantages of E-Commerce
Disadvantages of E-Commerce
Domestic E-Commerce Penetration Rate in South Korea (2015-2025)
Year-on-year (YoY) growth of online sales of High-end Retailers at WeMakePrice in South Korea, by Category (February 2020)
Percentage of Internet users (aged 16 to 64) who bought something online via any device (January 2020)
South Korea E-Commerce Market by Value (2016-2020)
South Korea E-Commerce Market Forecast by Value (2021-2025)
South Korea E-Commerce Market by Product Category (2020)
South Korea Fashion E-Commerce Market by Value (2016-2020)
South Korea Fashion E-Commerce Market Forecast by Value (2021-2025)
South Korea Food & Beverages E-Commerce Market by Value (2016-2020)
South Korea Food & Beverages E-Commerce Market Forecast by Value (2021-2025)
South Korea Home Electric Appliances E-Commerce Market by Value (2016-2020)
South Korea Home Electric Appliance E-Commerce Market Forecast by Value (2021-2025)
South Korea Household Goods-Motor Vehicle Parts E-Commerce Market by Value (2016-2020)
South Korea Household Goods-Motor Vehicle Parts E-Commerce Market Forecast by Value (2021-2025)
South Korea Cosmetics E-Commerce Market by Value (2016-2020)
South Korea Cosmetics E-Commerce Market Forecast by Value (2021-2025)
South Korea Computer & Related Appliances E-Commerce Market by Value (2016-2020)
South Korea Computer & Related Appliances E-Commerce Market Forecast by Value (2021-2025)
South Korea Sports & Leisure E-Commerce Market by Value (2016-2020)
South Korea Sports & Leisure E-Commerce Market Forecast by Value (2021-2025)
South Korea Travel Services E-Commerce Market by Value (2016-2020)
South Korea Travel Services E-Commerce Market Forecast by Value (2021-2025)
Number of Internet Users in South Korea (2016-2023)
South Korea Artificial Intelligence (AI) Market Value (2016-2020)
South Korea Urban Population (2016-2020)
South Korea Online Advertising Market (2016-2021)
Smartphone Penetration Rate as Share of the Population in South Korea (2016-2022)
Number of Facebook Users in South Korea (2017-2023)
Penetration Rate of Mobile Pay in South Korea (2016-2020)
South Korea E-Commerce Market Share by Key Players (2020)
SK Telecom Co., Ltd. Revenue and Profit (2016-2020)
Lotte Shopping Co., Ltd. Revenue and Profit (Loss) (2016-2020)
eBay Inc. Net Revenue and Net Income (2016-2020)
Naver Corporation Revenue and Net Income (2016-2020)
Naver Corporation Revenue by Region (2020)
List of Tables
Revenue Comparison of Key Players (2020)
Market Capitalization Comparison of Key Players (2021)
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Highlights
The global E-Commerce market was valued at US$ 7750530 million in 2022 and is anticipated to reach US$ 20313450 million by 2029, witnessing a CAGR of 17.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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