The Future of Retailing in South Korea to 2018 – Consumer and retailer trends, issues and market dynamics

Date: 2015-09

“โ€ข South Korea had the slowest pace of economic growth in the post-recession period, which had a significant impact on the retail industry
โ€ข Price conscious consumers seek better value for money
โ€ข Chinese visitors surpass other international tourists, boosting retail sales in South Korea
โ€ข The online channel is forecast to register double digit growth over the next five years
โ€ข Music, video and entertainment software will be the fastest-growing category group, followed by
apparel, accessories, luggage and leather goods”


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