The market is dominated by domestic suppliers, as imports account for 0.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 56.3% of total demand in 2023. South Korea has the fourth largest market size for publishing of newspapers and journals regionally, with demand reaching USD3.0 billion in 2023. Chosun Ilbo Co Ltd is the largest company in South Korea, generating 10.4% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 37.5% of total production value in 2023. The total number of companies decreases in 2023, to 3,411 units. The costs of the industry increase by 0.2% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 5.1% of production value in 2023, the 18th highest regionally. The industry’s exports share increases in 2023 to 0.7% of total production output. With production value of USD2.6 billion, South Korea accounts for 6.0% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Publishing of Newspapers and Journals in South Korea: ISIC 2212. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Publishing of Newspapers and Journals in South Korea: ISIC 2212 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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