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2023

South Korea Social Commerce Market

South Korea Social Commerce Market Size, Share, Competitive Landscape and Trend Analysis Report, by Business Model, by Product Type, by Sales Channel : Opportunity Analysis and Industry Forecast, 2022-2032

CG : Consumer and general services

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Author's: Indranil Chakraborty| Vidit Gite | Roshan Deshmukh
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Market Snapshot

The report provides quantitative and qualitative analysis of the South korea social commerce market from 2022-2032 to help stakeholders understand the real industry scenario. All the information pertaining to the South korea social commerce market are obtained from highly reliable sources and are thoroughly examined as well as testified by the market experts.

Research Methodology

The research method of the South korea social commerce market takes in large-scale primary and secondary research. The primary research involves extensive discussion with an array of valued participants, whereas, the secondary research includes a sizeable amount of product literatures. Moreover, genuine industry bulletins, press releases, and government sites has been examined and studied to bring about high-value industry insights.

Market Segmentation

The report segments the South korea social commerce market on the basis of business model, product type, sales channel. south korea social commerce market by business model (business to consumer (b2c), business to business (b2b), consumer to consumer (c2c)), by product type (personal and beauty care, apparel, food and beverages, home products, health supplements, consumer electronics, others), by sales channel (video commerce (live stream + prerecorded), social network-led commerce, social reselling, group buying, product review platforms).

Major players

In the company profiles chapter, the report provides detailed profiles of 10 key market players. Company overview, business overview, operating business segments, product portfolio, global footprint, and recent developments are the key aspects included in the company profiles. A comprehensive analysis of the leading and upcoming companies provides a wider preview toward understanding the South korea social commerce market.

South Korea Social Commerce Market
By Business Model
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Business to Business (B2B) segment Enterprises segment was the highest revenue contributor during the forecast period.

COVID-19 scenario analysis

The rapid spread of the coronavirus has had an enormous impact on the lives of people and the overall community. The report provides a brief overview of evolution of the coronavirus. In addition, it includes a micro and macro economic impact analysis. The report further showcases the market size and share depending on the impact of the COVID-19. Moreover, it provides an overview on the impact of COVID-19 on the South korea social commerce market supply chain. Furthermore, reduction in the count of COVID-affected patients in the coming days with safety majors taken by governments and availability of vaccines are expected to gradually lower the impact of COVID-19 on the South korea social commerce market. Additionally, the report highlights the key strategies adopted by players during the global health crisis. Hence, the report provides an overview of pre as well as post COVID-19 impact analysis.

The key questions answered from the report are provided below:

  • Which are the key players active in the South korea social commerce market?

  • What are the prevailing market dynamics in the market?

  • What are the current trends that are likely to determine the South korea social commerce market analysis in the next few years?

  • What are the driving factors, restraints, and opportunities in the market?

  • What are the forecasts for the future that would aid in taking further tactical steps to boost the market growth?

South Korea Social Commerce Market Report Highlights

Aspects Details
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By Business Model
  • Business to Consumer (B2C)
  • Business to Business (B2B)
  • Consumer to Consumer (C2C)
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By Product Type
  • Personal and Beauty Care
    • Sub-type
      • Skin and Sun Care
      • Haircare
      • Deodorant and Fragrances
      • Makeup and Color Cosmetics
  • Apparel
    • Sub-type
      • Clothing
      • Footwear
  • Food and Beverages
    • Sub-type
      • Food
      • Beverages
  • Home Products
  • Health supplements
    • Sub-type
      • Functional Food
      • Dietary Supplement
  • Consumer Electronics
  • Others
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By Sales Channel
  • Video Commerce (Live Stream + Prerecorded)
  • Social Network-led Commerce
  • Social Reselling
  • Group Buying
  • Product Review Platforms
Author Name(s) : Indranil Chakraborty| Vidit Gite | Roshan Deshmukh

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South Korea Social Commerce Market

Opportunity Analysis and Industry Forecast, 2022-2032