Households drive market demand, with household spending representing 52.8% of total demand in 2023. Lotte Shopping Co Ltd is the largest company in South Korea, generating 7.7% of the industry’s total turnover value in 2023. The industry is fragmented, with the top four companies generating 14.7% of total production value in 2023. The total number of companies decreases in 2023, to 265,125 units. The costs of the industry increase by 6.2% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 53.4% of turnover in 2023, the 12th highest regionally. With turnover of USD150 billion, South Korea accounts for 5.7% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Real Estate Activities in South Korea: ISIC 70. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Real Estate Activities in South Korea: ISIC 70 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of construction and real estate activities.
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