Investments drive market demand, with investments representing 95.7% of total demand in 2023. Hyundai Engineering & Construction Co Ltd is the largest company in South Korea, generating 4.1% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 18.3% of total production value in 2023. The total number of companies increases in 2023, to 247,619 units. The costs of the industry increase by 7.1% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 8.2% of turnover in 2023, the 17th highest regionally. With turnover of USD214 billion, South Korea accounts for 3.0% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Construction in South Korea: ISIC 45. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Construction in South Korea: ISIC 45 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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