South Korea Online Retail Market Trends Examined by Conlumino in In-demand Report Published at MarketPublishers.com13 Dec 2013 • by Natalie Aster
LONDON – Presently, South Korea ranks as the most rapidly growing online retail market in Asia, due to the country’s dynamic communication services industry as well as high rates of internet penetration. In 2012, footwear and clothing were the dominant selling categories. Retailers in South Korea tend to adopt omni-channel strategies in response to enhancing consumer demand.
Online internet retail sales in South Korea are anticipated to exhibit a 9.89% CAGR through 2017. The main factors driving the national market growth include the promotion through social media channel, and ongoing technological innovations. Weak economic conditions in tandem with existing inflation forces consumers to turn to lower-cost alternatives.
In-demand research report “Consumer Attitudes and Online Retail Dynamics in South Korea, 2013” prepared by Conlumino offers an insightful overview of the latest trends in online consumer shopping in South Korea.
The research report draws up a detailed picture of the actual situation in the South Korean online retail market. It presents in-depth insights into the market landscape, covers 25 product categories across 8 product groups, scrutinizes the main factors driving the market, and reviews the market dynamics. The research study unveils historical and current online retail sales statistics, describes the business environment and outlines the major country risks related to online retail environment in South Korea. The report provides a snapshot of consumers’ attitudes and behaviors, contains case studies for top market participants, and uncovers valuable information on best practice from the leading national large-scale online retailers. Additionally, the market future outlook through 2017 is at hand in the study.
Major product groups covered in the study include: apparel, accessories, luggage & leather goods, book, news & stationery, electricals & electronics, food & grocery, furniture & floor coverings, home & garden products, music, video & entertainment software, and sports & leisure equipment.
Consumer Attitudes and Online Retail Dynamics in South Korea, 2013
Published: November, 2013
Price: US$ 1,450.00
Other Country-Wise Consumer Attitudes & Online Retail Dynamics Reports by Conlumino Include:
- Consumer Attitudes and Online Retail Dynamics in France, 2013
- Consumer Attitudes and Online Retail Dynamics in Spain, 2013
- Consumer Attitudes and Online Retail Dynamics in Mexico, 2013
- Consumer Attitudes and Online Retail Dynamics in Germany, 2013
- Consumer Attitudes and Online Retail Dynamics in Russia, 2013
- Consumer Attitudes and Online Retail Dynamics in Australia, 2013
More market research reports by the publisher can be found at Conlumino page.