How big is the South Korea E-commerce Market?

The South Korea E-commerce Market size is expected to reach USD 2.80 trillion in 2024 and grow at a CAGR of 19.49% to reach USD 6.82 trillion by 2029. Read More

What is the current South Korea E-commerce Market size?

In 2024, the South Korea E-commerce Market size is expected to reach USD 2.80 trillion. Read More

Who are the key players in South Korea E-commerce Market?

Coupang Corp., Naver Shopping, eBay Inc., Amazon.com Inc. and EMart are the major companies operating in the South Korea E-commerce Market. Read More

What years does this South Korea E-commerce Market cover, and what was the market size in 2023?

In 2023, the South Korea E-commerce Market size was estimated at USD 2.25 trillion. The report covers the South Korea E-commerce Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Korea E-commerce Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What future trends are expected to shape the South Korea E-Commerce Market?

"Future trends that are expected to shape the E Commerce Market in South Korea are a) Rise of AI and AR in shopping experiences b) Increased focus on sustainability c) Expansion of cross-border e-commerce" Read More

South Korea E-commerce Market Share

Statistics for the 2023 & 2024 South Korea E-commerce market share, created by Mordor Intelligence™ Industry Reports. South Korea E-commerce share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of South Korea E-commerce Industry

The South Korean e-commerce market is fragmented, with the presence of major players like Coupang Corp., Naver Shopping, eBay Inc., Amazon.com Inc., and Emart. Players in the market are adopting strategies such as partnerships, innovations, mergers, investments, and acquisitions to enhance their service offerings and gain a sustainable competitive advantage. Furthermore, the growing popularity and adoption of e-commerce attract newer players to the market, thus increasing the competitive rivalry in the South Korean e-commerce market.

April 2024: Amazon implemented a policy offering complimentary shipping for orders exceeding USD 49 worth of eligible items for delivery to South Korea, with the shipping address set within South Korea on its website, which includes shopping for small essentials and home appliances. This is expected to fuel the e-commerce industry’s growth in the country.
March 2024: FedEx Express, a global logistics company, announced an alliance with eBay CBT (Cross Border Trade) to provide cross-border e-commerce logistics services for South Korean businesses looking to expand their footprint to overseas markets, which is expected to support the sale of foods through online channels in the country and fuel the market’s growth.