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South Korea Recommerce Market Databook 2025: A $7.51 Billion Market by 2029, with Projected 9.2% CAGR from 2025-2029 - ResearchAndMarkets.com

The "South Korea Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" has been added to ResearchAndMarkets.com's offering.

The recommerce market in South Korea is anticipated to expand by 11.0% annually, reaching US$5.28 billion by 2025. From 2020 to 2024, the market saw robust growth with a CAGR of 13.3%. This momentum is set to continue with a projected CAGR of 9.2% from 2025 to 2029, leading to an approximate valuation of USD 7.51 billion by the end of the forecast period.

This report provides a data-centric analysis of South Korea's recommerce market, examining consumer segments (peer-to-peer and business-led resale), product categories, sales channels, and resale formats. With over 60 key performance indicators (KPIs) at the country level, readers gain comprehensive insights into market dynamics.

The market analysis is segmented by channels (C2C, B2C, trade-in programs), sales models (resale, rental, refurbishment), platform types (generalist and vertical-specific), and retail categories, including electronics, apparel, and home goods. Consumer behavior, device usage, payment preferences, and city-level penetration across various city tiers are explored.

Recommerce in South Korea is Growing Through Platform Integration, Tech-Enabled Fashion Resale, and Regulatory Circularity Goals

The market is evolving towards structured, tech-enabled resale ecosystems with fashion and electronics as leading verticals. Supported by digital platforms and logistics infrastructure, these sectors are influenced by national circular economy policies.

Fashion Recommerce Scaling

  • Platforms like KREAM and Karrot drive fashion resale, supported by department stores experimenting with offerings. Key drivers include high smartphone penetration and millennial/Gen Z fashion trends.
  • Expect more segmented resale platforms and increased integration with e-commerce and logistics systems.

Electronics Recommerce Expansion

  • OEM partnerships with telecom providers support structured trade-in and refurbishment programs. Aladin also provides certified pre-owned electronics.
  • High consumer demand is pushed by price sensitivity, upgrade cycles, and e-waste concerns.

Community-Driven Recommerce & Livestream Influence

  • Karrot and Danggeun Market cater to local peer-to-peer resale with features like real-time listings and community reviews, enhancing convenience.
  • Livestream resale is set to grow, especially for low-ticket items.

Corporate Circular Economy Initiatives

  • Industry regulations and climate strategies promote resale and recycling, mandating compliance and ESG-linked operations.

Logistics Innovation Supporting Growth

  • Resale flows are enabled by startups providing diagnostics, grading, and delivery services essential for scale, particularly in electronics and apparel sectors.

Competitive Landscape

South Korea's recommerce landscape is maturing with specialized platforms and OEM participation. Competitive success requires integration of verification, logistics, and sustainability.

  • Specialized vertical platforms are expanding into luxury and electronics. Policy incentives will drive more brands to adopt resale internally.
  • Logistics partnerships bolster scale and trust in resale models.

Report Scope

The report offers a comprehensive analysis, supported by over 40 tables and 55 charts, with detailed forecasts across transaction values, volumes, and market shares from 2020 to 2029. Key segments include:

Market Size and Growth Dynamics

  • Analysis of Gross Merchandise Value (GMV), transaction volumes, and average transaction values.
  • Forecasts by sector, retail category, sales model, digital engagement channel & city tier.

Key Attributes:

Report Attribute Details
No. of Pages 83
Forecast Period 2025 - 2029
Estimated Market Value (USD) in 2025 $5.28 Billion
Forecasted Market Value (USD) by 2029 $7.51 Billion
Compound Annual Growth Rate 9.2%
Regions Covered South Korea

Key Topics Covered:

  • South Korea Recommerce Market Size and Future Growth Dynamics
  • South Korea Recommerce Market Revenue, 2020-2029
  • South Korea Recommerce Market Share by Key Revenue Segments
  • South Korea Recommerce Market Size and Forecast by Key Sectors
  • South Korea Recommerce Market Size and Forecast by Retail Shopping Categories
  • South Korea Recommerce Market Size and Forecast by Recommerce Channels
  • South Korea Recommerce Market Size and Forecast by Sales Model
  • South Korea Recommerce Market Size and Forecast by Digital Engagement Channel
  • South Korea Recommerce Market Size and Forecast by Platform Type
  • South Korea Recommerce Market Size and Forecast by Device
  • South Korea Recommerce Market Size and Forecast by Operating System
  • South Korea Recommerce Market Size and Forecast by Cities
  • South Korea Recommerce Market Size and Forecast by Payment Instrument
  • South Korea Recommerce by Consumer Demographics

For more information about this report visit https://www.researchandmarkets.com/r/6nw5lu

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