B2B drives market demand, with B2B spending representing 95.1% of total demand in 2022. Korea Post is the largest company in South Korea, generating 44.6% of the industry’s total turnover value in 2022. The industry is concentrated, with the top five companies generating 55.6% of total production value in 2022. The total number of companies increases in 2022, to 10,509 units. The costs of the industry decrease by 10.3% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 6.6% of turnover in 2022, the 16th highest regionally. With turnover of USD6.7 billion, South Korea accounts for 4.6% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Post and Courier Services in South Korea: ISIC 641. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Post and Courier Services in South Korea: ISIC 641 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cargo handling, warehousing and travel agencies, communications, and transport.
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