South Korea

Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in South Korea.

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    Natural Resources: South Korea

    Oct 2018

    South Korea is highly dependent on imports of fossil fuels from the Middle East, which leaves the country exposed to price fluctuations and political instability. The country aims to reduce its CO2 emission by phasing out diesel vehicles and shutting...

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    Country Profile

    Country Profile

    Australasia: Regional Profile

    Sep 2018

    Real GDP growth in New Zealand and Australia will be healthy in 2018. Unemployment fell in both New Zealand and Australia in 2017 and it will decrease again in 2018. Much of the region's past growth was due to China's voracious demand for ...

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    Country Report

    Country Report

    Car Rental (Destination) in South Korea

    Sep 2018

    Since car rental is growing rapidly in South Korea, various players seem to be increasingly active in terms of investment. InterPark Corp, which is an online travel agency in South Korea, acquired Donga Rent-A-Car in early 2018, anticipating offering...

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    Asia Pacific: Regional Profile

    Sep 2018

    Driven by China and India, Asia’s developing economies saw healthy rates of growth in 2017. Japan’s economic prospects are less favourable however. Too many of Asia’s economies are excessively dependent on exports and large inflows of foreign ...

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    Country Report

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    Airlines in South Korea

    Sep 2018

    Airlines significantly benefited from the strong demand for outbound travel. Low-cost carriers is driving growth in airlines in South Korea by expanding the flight frequency and adding new short haul and mid haul routes to smaller cities in popular ...

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    Country Report

    Country Report

    Lodging in South Korea

    Sep 2018

    In 2018, lodging recovered from the huge decline seen in 2017 due to the decrease in Chinese travellers. Along with the easing of tensions and the government’s efforts to diversify the origin of travellers by attracting more tourists from Southeast ...

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    Country Report

    Country Report

    Online Travel Sales and Intermediaries in South Korea

    Sep 2018

    Online travel sales are showing a strong performance; mobile travel sales especially are expected to grow rapidly, as South Korean consumers are extremely familiar with looking for what they want via their mobile phones, as well as making payments ...

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    Country Report

    Country Report

    Travel in South Korea

    Sep 2018

    A significant increase in outbound and domestic trips drove a strong positive performance in travel in South Korea in 2018, since leisure travel continued to be an important trend, with consumers keen to spend time with family and friends. In ...

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    Country Report

    Country Report

    Tourism Flows in South Korea

    Sep 2018

    Arrivals are expected to rise over the forecast period, due to the positive influence of the recent movement towards peace on the Korean peninsula and the successful PyeongChang Winter Olympics in 2018. In 2018, arrivals from China slowly recovered ...

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    Country Report

    Country Report

    In-Car Entertainment in South Korea

    Aug 2018

    In-car entertainment is expected to see a continued retail volume decline over the forecast period. All the categories within in-car entertainment (in-car navigation in-car speakers and in-dash media players) are expected to see strong declines. The ...

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    Country Report

    Country Report

    Computers and Peripherals in South Korea

    Aug 2018

    Over the forecast period, computers and peripherals is expected to see a similar performance to the review period, recording a continued retail volume decline. Laptops is the only category expected to register growth, due to the increasing number of ...

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    Country Report

    Country Report

    Home Audio and Cinema in South Korea

    Aug 2018

    Home audio and cinema is expected to see a retail volume decline over the forecast period; a stronger decline than seen during the review period. The worst performance is expected to be seen by digital media player docks, followed by hi-fi systems. ...

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    Country Report

    Country Report

    Home Video in South Korea

    Aug 2018

    The continued sharpening of pixels and vivid displays will continue to drive sales of televisions over the forecast period; however, growth is expected to slow due to the maturity of the category. In the forecast period, LCD TVs is expected to record...

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    Country Report

    Country Report

    Imaging Devices in South Korea

    Aug 2018

    Digital cameras is expected to see retail volume decline in the forecast period to 2023. However, compact system cameras will continue to see a slight increase in its share within digital cameras. Mirrorless cameras is the main type of compact system...

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    Country Report

    Country Report

    Mobile Phones in South Korea

    Aug 2018

    Smartphones is expected to record a retail volume decline in the forecast period to 2023. The penetration rate of smartphones was very high in 2018, and the replacement rate was also very short, at under two years. Also, LG has claimed it has a ...

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    Country Report

    Country Report

    Consumer Electronics in South Korea

    Aug 2018

    In 2018, volume sales of consumer electronics saw a strong increase, although performances varied between different categories. Volume sales of computers and peripherals displayed stagnant growth, because of the already high penetration rate of ...

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    Country Report

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    Portable Players in South Korea

    Aug 2018

    Wireless speakers is expected to see a double-digit retail volume CAGR in the forecast period to 2023. Telecommunications companies such as KT and SK, and IT companies including Naver and Kakao, produce smart speakers with AI technologies. Their ...

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    Country Report

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    Wearable Electronics in South Korea

    Aug 2018

    Activity wearables is expected to keep growing in retail volume terms over the forecast period, strongly supported by analogue activity watches. However, the decline expected in activity bands will pull down the overall retail volume CAGR for ...

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    Country Report

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    Packaging Industry in South Korea

    Aug 2018

    The increasingly diverse product ranges on offer across numerous consumer goods industries have resulted in consumer buying habits becoming even more complex. In order to remain relevant in the minds of consumers, many companies and brands are now ...

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    Country Report

    Country Report

    Alcoholic Drinks Packaging in South Korea

    Jul 2018

    The high and rising popularity of imported beer continued to have a significant influence on alcoholic drinks packaging during 2017. Dark beer in metal recorded tremendous growth over the course of the year, driven by the strong performance of wheat ...

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