The market is dominated by domestic suppliers, as imports account for 22.4% of total market size in 2023. B2B drives market demand, with B2B spending representing 98.9% of total demand in 2023. South Korea has the sixth largest market size for reproduction of recorded media regionally, with demand reaching USD96.3 million in 2023. The total number of companies decreases in 2023, to 127 units. The costs of the industry increase by 0.5% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 3.7% of production value in 2023, the 19th highest regionally. The industry’s exports share increases in 2023 to 17.2% of total production output. With production value of USD79.3 million, South Korea accounts for 1.5% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Reproduction of Recorded Media in South Korea: ISIC 223. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Reproduction of Recorded Media in South Korea: ISIC 223 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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