South Korea Social Commerce Market Intelligence Report 2022: Market is Expected to Grow by 31.1% to Reach $16,643.4 Million in 2022 - Forecast to 2028

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Dublin, May 20, 2022 (GLOBE NEWSWIRE) -- 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.

Social commerce industry in South Korea is expected to grow by 31.1% on annual basis to reach US$16,643.4 million in 2022.

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.

The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 27.1% during 2022-2028. The social commerce GMV in the country will increase from US$16,643.4 million in 2022 to reach US$67,935.0 million by 2028.

Reasons to buy

  • 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 opportunity 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.

Scope

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

For more information about this report visit https://www.researchandmarkets.com/r/tdo0k0

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com 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


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