New Market Report: The Future of Retailing in South Korea to 2019

From: Fast Market Research, Inc.
Published: Sun Sep 13 2015

South Korean retail sales grew from KRW235,028.5 billion in 2009 to KRW289,356.3 billion in 2014 at a CAGR of 4.2%. Food and grocery was the largest category group accounting for 52.1% of total South Korean retail sales, which represented a value of KRW150,729.8 billion in 2014. Total retail sales in the country is expected to reach KRW369,693.7 billion in 2019 growing at a CAGR of 5.0% during the forecast period.

Key Findings

* General retailers hold the largest share of retail sales in 2014, and will continue to dominate the market in 2019.
* Duty free retailers channel is set to grow the fastest in the forecast period, 2014-2019, followed by online
* Music, video and entertainment software is expected to grow the fastest followed by apparel, accessories, luggage and leather goods over the next five years

Report Synopsis
"The Future of Retailing in South Korea to 2019" is detailed databook providing a comprehensive analysis of the category and channel trends in South Korea's retail market.

Full Report Details at

What else does this report offer?

* Detailed data on the size and development of retail sales of individual product types through specific retail channels and formats in the country
* Data analysis of 26 products, across 9 product groups that include: Apparel, Accessories, Luggage and Leather Goods; Books, News and Stationery; Electrical and Electronics; Food and Grocery; Furniture and Floor Coverings; Health and Beauty; Home and Garden Products; Music, Video and Entertainment Software; Sports and Leisure Equipment
* Retail sales of products through four channel groups (Value Retailers, General Retailers, Specialist Retailers and Online) which includes 17 individual channels, such as Hypermarkets, supermarkets and hard-discounters; Home improvement and gardening supplies retailers; Food and drinks specialists; Online; Convenience Stores (including Independents) and Gas Stations; Department stores; Clothing, footwear, accessories and luxury goods specialists; Other specialist retailers; Electrical and electronics specialists; Home furniture and homewares retailers; Value, variety stores and general merchandise retailers; Music, video, book, stationery and entertainment software specialists; Cash and carries and warehouse clubs; Other general and non-specialist direct retailers; Drug stores and health and beauty stores; Vending machines; Duty free retailers
* Data sets for 2009 to 2019, with actuals being provided for 2014. All initial market sizing and analysis is conducted in local currency in order to ensure local trends are reflected in the data before conversion into other currencies

Reasons to Get this Report

* Examine the components of change in the market by looking at historic and future growth patterns - how changes in consumers' behavior have affected the retail sector for different product categories and channels

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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