South Korea Pet Care E-commerce Market Size & Outlook
South Korea pet care e-commerce market, 2018-2030 (US$M)
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South Korea pet care e-commerce market highlights
- The South Korea pet care e-commerce market generated a revenue of USD 798.1 million in 2023 and is expected to reach USD 1,463.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, food & treats was the largest revenue generating product in 2023.
- Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
Pet care e-commerce market data book summary
| Market revenue in 2023 | USD 798.1 million |
| Market revenue in 2030 | USD 1,463.3 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Food & treats |
| Fastest growing segment | Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Treats, Litter Products, Grooming Products, Fashion, Toys, & Accessories, Medicines, Supplements |
| Key market players worldwide | Amazon.com Inc, Chewy Inc, Petco Health and Wellness Co Inc Ordinary Shares - Class A, Henry Schein Inc, Zooplus SE, Walmart Inc, BARK Inc Ordinary Shares - Class A, Target Corp, Alibaba Group Holding Ltd ADR |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.9% of the global pet care e-commerce market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pet care e-commerce market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,603.7 million by 2030.
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Pet Care E-commerce Market Scope
Pet Care E-commerce Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea pet care e-commerce market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet care e-commerce market will help companies and investors design strategic landscapes.
Food & treats was the largest segment with a revenue share of 38.12% in 2023. Horizon Databook has segmented the South Korea pet care e-commerce market based on food & treats, litter products, grooming products, fashion, toys, & accessories, medicines, supplements covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea has a tech-savvy population with a high internet penetration rate and smartphone usage. This digital readiness makes it easier for consumers to engage in online shopping, including purchasing pet care products online.
Online pet care retailers in South Korea provide a diverse selection of products ranging from pet food, grooming supplies, toys, accessories, and healthcare items.
In addition to Samsung's specially crafted home appliances for pets, The Pet Care Store will provide pet owners with an extensive array of specialist products.
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Target buyers of South Korea pet care e-commerce market databook
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Our clientele includes a mix of pet care e-commerce market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea pet care e-commerce market , including forecasts for subscribers. This country databook contains high-level insights into South Korea pet care e-commerce market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea pet care e-commerce market size, by product, 2018-2030 (US$M)
South Korea Pet Care E-commerce Market Outlook Share, 2023 & 2030 (US$M)
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