South Korea Real Estate Market Summary, Competitive Analysis and Forecast to 2028
South Korea Real Estate Market Summary, Competitive Analysis and Forecast to 2028
Summary
Real Estate in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Real Estate in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Real estate refers to physical property and consists of land and buildings. The market scope includes renting and leasing various types of real estate properties.
- The South Korean real estate industry recorded revenues of $182.2 billion in 2023, representing a compound annual growth rate (CAGR) of 1% between 2018 and 2023.
- Industry consumption volume increased with a CAGR of 1.7% between 2018 and 2023, to reach a total of 15.7 million units in 2023.
- According to GlobalData, South Korea held a 5.9% stake in the Asia-Pacific real estate industry in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the real estate market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the real estate market in South Korea
- Leading company profiles reveal details of key real estate market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea real estate market with five year forecasts
- What was the size of the South Korea real estate market by value in 2023?
- What will be the size of the South Korea real estate market in 2028?
- What factors are affecting the strength of competition in the South Korea real estate market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's real estate market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume 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 are the strengths of the leading players?
7.3. What are the most notable recent developments in this industry?
8 COMPANY PROFILES
8.1. K·REITS & Partners Co Ltd
8.2. Korea Real Estate Investment Trust Co Ltd
8.3. CBRE Group, Inc.
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
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume 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 are the strengths of the leading players?
7.3. What are the most notable recent developments in this industry?
8 COMPANY PROFILES
8.1. K·REITS & Partners Co Ltd
8.2. Korea Real Estate Investment Trust Co Ltd
8.3. CBRE Group, Inc.
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
Table 1: South Korea real estate market value: $ million, 2018-23
Table 2: South Korea real estate market volume: thousand units, 2018-23
Table 3: South Korea real estate market category segmentation: % share, by value, 2018-2023
Table 4: South Korea real estate market category segmentation: $ million, 2018-2023
Table 5: South Korea real estate market geography segmentation: $ million, 2023
Table 6: South Korea real estate market value forecast: $ million, 2023-28
Table 7: South Korea real estate market volume forecast: thousand units, 2023-28
Table 8: K·REITS & Partners Co Ltd: key facts
Table 9: K·REITS & Partners Co Ltd: Key Employees
Table 10: Korea Real Estate Investment Trust Co Ltd: key facts
Table 11: Korea Real Estate Investment Trust Co Ltd: Annual Financial Ratios
Table 12: Korea Real Estate Investment Trust Co Ltd: Key Employees
Table 13: CBRE Group, Inc.: key facts
Table 14: CBRE Group, Inc.: Annual Financial Ratios
Table 15: CBRE Group, Inc.: Key Employees
Table 16: CBRE Group, Inc.: Key Employees Continued
Table 17: South Korea size of population (million), 2019-23
Table 18: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 19: South Korea gdp (current prices, $ billion), 2019-23
Table 20: South Korea inflation, 2019-23
Table 21: South Korea consumer price index (absolute), 2019-23
Table 22: South Korea exchange rate, 2019-23
Table 1: South Korea real estate market value: $ million, 2018-23
Table 2: South Korea real estate market volume: thousand units, 2018-23
Table 3: South Korea real estate market category segmentation: % share, by value, 2018-2023
Table 4: South Korea real estate market category segmentation: $ million, 2018-2023
Table 5: South Korea real estate market geography segmentation: $ million, 2023
Table 6: South Korea real estate market value forecast: $ million, 2023-28
Table 7: South Korea real estate market volume forecast: thousand units, 2023-28
Table 8: K·REITS & Partners Co Ltd: key facts
Table 9: K·REITS & Partners Co Ltd: Key Employees
Table 10: Korea Real Estate Investment Trust Co Ltd: key facts
Table 11: Korea Real Estate Investment Trust Co Ltd: Annual Financial Ratios
Table 12: Korea Real Estate Investment Trust Co Ltd: Key Employees
Table 13: CBRE Group, Inc.: key facts
Table 14: CBRE Group, Inc.: Annual Financial Ratios
Table 15: CBRE Group, Inc.: Key Employees
Table 16: CBRE Group, Inc.: Key Employees Continued
Table 17: South Korea size of population (million), 2019-23
Table 18: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 19: South Korea gdp (current prices, $ billion), 2019-23
Table 20: South Korea inflation, 2019-23
Table 21: South Korea consumer price index (absolute), 2019-23
Table 22: South Korea exchange rate, 2019-23
LIST OF FIGURES
Figure 1: South Korea real estate market value: $ million, 2018-23
Figure 2: South Korea real estate market volume: thousand units, 2018-23
Figure 3: South Korea real estate market category segmentation: $ million, 2018-2023
Figure 4: South Korea real estate market geography segmentation: % share, by value, 2023
Figure 5: South Korea real estate market value forecast: $ million, 2023-28
Figure 6: South Korea real estate market volume forecast: thousand units, 2023-28
Figure 7: Forces driving competition in the real estate market in South Korea, 2023
Figure 8: Drivers of buyer power in the real estate market in South Korea, 2023
Figure 9: Drivers of supplier power in the real estate market in South Korea, 2023
Figure 10: Factors influencing the likelihood of new entrants in the real estate market in South Korea, 2023
Figure 11: Factors influencing the threat of substitutes in the real estate market in South Korea, 2023
Figure 12: Drivers of degree of rivalry in the real estate market in South Korea, 2023
Figure 1: South Korea real estate market value: $ million, 2018-23
Figure 2: South Korea real estate market volume: thousand units, 2018-23
Figure 3: South Korea real estate market category segmentation: $ million, 2018-2023
Figure 4: South Korea real estate market geography segmentation: % share, by value, 2023
Figure 5: South Korea real estate market value forecast: $ million, 2023-28
Figure 6: South Korea real estate market volume forecast: thousand units, 2023-28
Figure 7: Forces driving competition in the real estate market in South Korea, 2023
Figure 8: Drivers of buyer power in the real estate market in South Korea, 2023
Figure 9: Drivers of supplier power in the real estate market in South Korea, 2023
Figure 10: Factors influencing the likelihood of new entrants in the real estate market in South Korea, 2023
Figure 11: Factors influencing the threat of substitutes in the real estate market in South Korea, 2023
Figure 12: Drivers of degree of rivalry in the real estate market in South Korea, 2023