South Korea Warehousing Market Is Expected To Reach Revenue Of USD 86.3 Bn By 2033, At 6.8% CAGR: Dimension Market Research [Yahoo! Finance]
Coupang, Inc. Class A (CPNG)
Company Research
Source: Yahoo! Finance
New York, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Overview The South Korea Warehousing Market is projected to reach USD 47.9 billion in 2024 which is further anticipated to reach USD 86.3 billion by 2033 at a CAGR of The South Korean warehousing market is growing rapidly due to the development of its e-commerce industry, the globalization of supply chains, and the growing usage of third-party logistics services. Geographically positioned amidst major economies like China and Japan, the South Korean market has become a significant player in the global logistics chain. Major companies in this region, such as CJ Logistics and Lotte Global Logistics, are working toward achieving efficiencies in the mushrooming area of e-commerce with automation, robotics, and even artificial intelligence. Cold chain logistics have great significance for the pharmaceutical and food industry, hence becoming popular. Companies are taking a greater interest in private warehousing due to better control thes
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