DUBLIN, January 3, 2023 /PRNewswire/ —South Korea E-Commerce Market: Insights and Forecast with Potential Impact of COVID-19 (2022-2026)” report added ResearchAndMarkets.com offer.
of South Korea is estimated to reach the e-commerce market 389.89 billion USD In 2026, advancing at a CAGR of 19.92% during the period 2022-2026.
Factors such as increasing penetration of internet users, implementation of AI in retail, expanding urbanization, growing trend of online advertising and increasing use of smartphones will drive the market growth. However, market growth will face the risk of e-commerce fraud and inaccurate return policies. A few notable trends include the increasing influence of social networking platforms, accelerating growth in mobile payments, and increasing adoption of advanced technologies.
of South Korea The e-commerce market by product category includes fashion, food and beverages, household electrical appliances, household goods-motor parts, cosmetics, computer and related devices, sports and leisure, travel services, etc.
The fashion segment is the fastest growing market for apparel due to the increasing adoption of online shopping, as it offers a wide range of options not often found in physical stores, increasing convenience for users by providing easy access to e-commerce platforms at any time. everywhere, it comes once in a while with increasing urbanization.
In addition, the sudden spread of the COVID-19 pandemic has increased the adoption of e-commerce due to the rapid shift from brick-and-mortar distribution channels to online retail stores to reduce the risk of coronavirus infection during human interaction, thereby increasing the overall market growth.
Scope of the report
The report provides a comprehensive analysis South Korea The e-commerce market is segmented on the basis of product category.
Market dynamics such as growth drivers, market trends and challenges are analyzed in depth
Competitive landscape of the market with company profiles of leading players (SK Telecom Co., Ltd., Lotte Shopping Co., Ltd., eBay Inc. (eBay South Korea Co., Ltd.), Naver Corporation, SSG). .com Corp. and Coupang, Inc.) are also detailed.
Key topics covered:
1. Market Overview
2. Impact of COVID-19
2.1 Increasing Penetration of Electronic Commerce
2.2 Growth of online sales
2.3 Growth in Internet Buyers
3. South Korea Market Analysis
3.1 South Korean E-Commerce Market by Value
3.2 South Korea E-Commerce Market Forecast by Value
3.3 South Korean 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 and Beverage E-Commerce Market by Value
3.3.4 South Korea Food & Beverage E-Commerce Market Forecast by Value
3.3.5 South Korea Home Appliances E-Commerce Market by Value
3.3.6 South Korea Home Appliances E-Commerce Market Forecast by Value
3.3.7 South Korea Household Goods-Motor Spare Parts E-Commerce Market by Value
3.3.8 South Korea Household Goods-Motor 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 and Related Devices E-Commerce Market by Value
3.3.12 South Korea Computer and 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 Security
4.1.1 Increasing the reputation of Internet users
4.1.2 Implementation of AI in Retail
4.1.3 Expansion of urbanization
4.1.4 The Growing Trend of Online Advertising
4.1.5 Increasing Use of Smartphones
4.2 Major Trends and Developments
4.2.1 The Growing Influence of Social Networking Platforms
4.2.2 Accelerating the growth of mobile payments
4.2.3 Increasing Advanced Technologies
4.3.1 Risk of Electronic Commerce Fraud
4.3.2 Inaccurate Return Policy
5. Competitive landscape
5.1 South Korean market
5.1.1 South Korea E-Commerce Market Share by Key Players
6. Company Profiles
6.1 SK Telecom Co. Ltd. (11 Street)
6.1.1 Business Overview
6.2 Lotte Shopping Co. Ltd.
6.2.1 Business Overview
6.3 eBay Inc. (eBay South Korea Co. Ltd.)
6.3.1 Business Overview
6.4 Naver Corporation
6.4.1 Business Overview
6.5 SSG.com Corp.
6.5.1 Business Overview
6.6 Coupang, Inc.
6.6.1 Business Overview
For more information on this report, visit https://www.researchandmarkets.com/r/lwabpw
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SOURCE Research and Markets