According to Statistics Korea, online shopping transaction value in June 2015 increased by 27% compared with June 2014, and mobile shopping transaction value in June 2015 increased by 80% compared with the previous year. As mobile shopping increased faster than internet retailing, the mobile transaction value increased strongly to account for a 45% share within overall internet retailing in 2015.
Competitive Landscape
eBay Korea led internet retailing with a value share of 27% in 2015. eBay Korea owns the two biggest internet retailers in South Korea, G Market and Auction. Both of them enjoyed strong performances in 2015. Also, mobile retailing in these two retailers grew rapidly, which led the company to enjoy strong growth in 2015.
Full Report Details at
- http://www.fastmr.com/prod/1127936_internet_retailing_south.aspx?afid=301
Industry Prospects
Internet retailing is expected to see a value CAGR of 8% at constant 2015 prices during the forecast period. Mobile retailing will lead the growth of internet retailing in South Korea, as many Korean consumers are accustomed to using mobile devices. Mobile internet retailing will constantly increase, and is expected to reach 55% in 2020.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Internet Retailing industry in South Korea with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Internet Retailing industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.
The Internet Retailing in South Korea market research report includes:
* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* Who are the leading retailers in South Korea?
* How quickly is internet retailing growing in South Korea?
* What products are selling best over the internet?
* Which internet sites are attracting the most sales?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions
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Report Published: "Internet Retailing in South Korea"
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001