South Korea Retail Logistics Market Size & Outlook
South Korea retail logistics market, 2018-2030 (US$M)
Related Markets
South Korea retail logistics market highlights
- The South Korea retail logistics market generated a revenue of USD 5,656.6 million in 2023 and is expected to reach USD 13,281.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13% from 2024 to 2030.
- In terms of segment, roadways was the largest revenue generating mode of transport in 2023.
- Airways is the most lucrative mode of transport segment registering the fastest growth during the forecast period.
Retail logistics market data book summary
| Market revenue in 2023 | USD 5,656.6 million |
| Market revenue in 2030 | USD 13,281.0 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Roadways |
| Fastest growing segment | Airways |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Railways, Airways, Roadways, Waterways |
| Key market players worldwide | XPO Inc, DSV AS, Kuehne + Nagel International AG, C.H. Robinson Worldwide Inc, Nippon Express Holdings Inc, FedEx Corp, Schneider Electric SE, United Parcel Service Inc Class B, DHL Group, A. P. Moller Maersk A/S Class B, Associate Global Partners Ltd |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.0% of the global retail logistics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China retail logistics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 106,936.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Retail Logistics Market Scope
Retail Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea retail logistics 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 retail logistics market will help companies and investors design strategic landscapes.
Roadways was the largest segment with a revenue share of 52.03% in 2023. Horizon Databook has segmented the South Korea retail logistics market based on railways, airways, roadways, waterways covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea's retail logistics market has been experiencing significant growth in recent years. Several factors have contributed to this rise, including the country's strategic location as a major gateway to the Asian region, its robust manufacturing and export-oriented industries, and the increasing demand for last-mile delivery services and modern warehousing facilities due to the rise of e-commerce and the booming retail sector.
South Korea's strategic location as a major gateway to the Asian region has made it a pivotal hub for international trade.
The country's robust manufacturing capabilities, particularly in electronics, automotive, and shipbuilding, have generated consistent cargo volumes, driving the need for efficient logistics solutions.
Reasons to subscribe to South Korea retail logistics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea retail logistics market databook
-
Our clientele includes a mix of retail logistics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 retail logistics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea retail logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea retail logistics market size, by mode of transport, 2018-2030 (US$M)
South Korea Retail Logistics Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
