The market is dominated by domestic suppliers, as imports account for 17.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 70.3% of total demand in 2023. South Korea has the sixth largest market size for publishing of recorded audio media regionally, with demand reaching USD375 million in 2023. YG Entertainment Inc is the largest company in South Korea, generating 27.7% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 49.4% of total production value in 2023. The total number of companies increases in 2023, to 1,047 units. The costs of the industry increase by 2.2% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 7.1% of production value in 2023, the 19th highest regionally. The industry’s exports share decreases in 2023 to 32.4% of total production output. With production value of USD425 million, South Korea accounts for 5.3% of the Asia Pacific total in 2023.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Publishing of Recorded Audio Media in South Korea: ISIC 2213. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Publishing of Recorded Audio Media in South Korea: ISIC 2213 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.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!