Construction in South Korea

May 2026 | 44 pages | ID: C5E259879E4EN
MarketLine

Abstracts

Summary

Construction in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
• The South Korean construction industry recorded a revenue of $217.8 billion in 2025, representing a negative compound annual growth rate (CAGR) of 0.8% between 2020 and 2025.
• The non-residential segment accounted for the industry's largest proportion in 2025, with total revenue of $141.6 billion, equivalent to 65.0% of the industry's overall value.
• In 2025, the South Korean construction industry recorded a contraction of 8.2% this is due to the decline in household consumption expenditure on housing, either through the development of new homes, renovations, or upgrades.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in South Korea
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in South Korea
• Leading company profiles reveal details of key construction market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Korea construction market with five year forecasts

Reasons to Buy

• What was the size of the South Korea construction market by value in 2025?
• What will be the size of the South Korea construction market in 2030?
• What factors are affecting the strength of competition in the South Korea construction market?
• How has the market performed over the last five years?
• What are the main segments that make up South Korea's construction market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis
2.3. Market trends
2.4. Regulatory landscape

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the industry?

8 COMPANY PROFILES

8.1. Samsung C&T Corp
8.2. Hyundai Engineering & Construction Co Ltd
8.3. GS Engineering & Construction Corp
8.4. POSCO Eco & Challenge Co Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: South Korea construction industry value: $ million, 2020-25
Table 2: South Korea construction industry category segmentation: % share, by value, 2020-25
Table 3: South Korea construction industry category segmentation: $ million, 2020-25
Table 4: South Korea construction industry geography segmentation: $ million, 2025
Table 5: South Korea construction industry value forecast: $ million, 2025-30
Table 6: Samsung C&T Corp: Key Facts
Table 7: Samsung C&T Corp: Annual Financial Ratios
Table 8: Samsung C&T Corp: Key Employees
Table 9: Hyundai Engineering & Construction Co Ltd: Key Facts
Table 10: Hyundai Engineering & Construction Co Ltd: Annual Financial Ratios
Table 11: Hyundai Engineering & Construction Co Ltd: Key Employees
Table 12: GS Engineering & Construction Corp: Key Facts
Table 13: GS Engineering & Construction Corp: Annual Financial Ratios
Table 14: GS Engineering & Construction Corp: Key Employees
Table 15: POSCO Eco & Challenge Co Ltd: Key Facts
Table 16: POSCO Eco & Challenge Co Ltd: Key Employees
Table 17: South Korea Size of Population (Million), 2021-25
Table 18: South Korea Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 19: South Korea GDP (Current Prices, $ Billion), 2021-25
Table 20: South Korea Inflation, 2021-25
Table 21: South Korea Consumer Price Index (Absolute), 2021-25
Table 22: South Korea Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: South Korea construction industry value: $ million, 2020-25
Figure 2: South Korea construction industry category segmentation: $ million, 2020-25
Figure 3: South Korea construction industry geography segmentation: % share, by value, 2025
Figure 4: South Korea construction industry value forecast: $ million, 2025-30
Figure 5: Forces driving competition in the construction industry in South Korea, 2025
Figure 6: Drivers of buyer power in the construction industry in South Korea, 2025
Figure 7: Drivers of supplier power in the construction industry in South Korea, 2025
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in South Korea, 2025
Figure 9: Factors influencing the threat of substitutes in the construction industry in South Korea, 2025
Figure 10: Drivers of degree of rivalry in the construction industry in South Korea, 2025