Market Research Logo

City Profile - Busan ; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.

City Profile - Busan - Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.

Summary

The GDP of Busan expanded by 3.5% in real terms in 2018 and accounted for 5% of the South Korea’s GDP. Busan power generation projects and the construction of the new Kimhae Airport are expected to boost the regional economy in the future by injecting government funding

Synopsis

“City Profile - Busan” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Busan. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Scope

  • The service sector remains the key contributor to the regional economy - and the major employer.
  • Busan being visited maximum by the tourists remains a key tourist destination for both domestic and international tourists and experienced healthy growth in 2018. Strong performance is observed in the construction sector with increasing employment, number of building permits issued and building completions.
Reasons to buy
  • Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
  • Analyze and understand the business environment in the city to align your investment and expansion strategies.
  • The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
  • Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.


City Snapshot
PEST Analysis
Political
Economic
Social
Technology and Infrastructure
Communications
Internal Transport Networks
Connectivity
Airports
Port
Business Environment Analysis
Travel and Tourism
Tourism Flows
Hotels
Attractions
Events
Construction and Real Estate
Investment
Real Estate Market
Retail
Retail Market
Consumption, Income and Prices
Appendix
Sources
Further Reading
Ask the Analyst
About MarketLine
Disclaimer
List of Tables
Table 1: Busan metropolitan area - key facts, (estimates), 2018
Table 2: Busan metropolitan area - real GDP and real GDP growth, 2000-25
Table 3: Busan metropolitan area - economic growth comparison (Index 2010=100), 2000-25
Table 4: Busan metropolitan area - GDP per capita comparison, 2000-25 (US$)
Table 5: Busan metropolitan area - employment structure, 2000-25 (% of total)
Table 6: Busan metropolitan area - main universities, 2018
Table 7: Busan metropolitan area - population comparison, 2000-25 (million)
Table 8: Busan metropolitan area - population by age, 2000-25 (% of total)
Table 9: Busan metropolitan area - mass transit network indicators, 2018
Table 10: Busan metropolitan area - Gimhae International Airport, key airport indicators, 2016-19*
Table 11: Busan metropolitan area - Domestic tourist arrivals, H1 2017-18
Table 12: Busan metropolitan area - international visitor arrivals by country of residence, 2017-18
Table 13: Busan metropolitan area - key hotel indicators, 2016-17
Table 14: Busam metropolitan area - MICE and other events
List of Figures
Figure 1: Busan metropolitan area - real GDP and real GDP growth, 2000-25
Figure 2: Busan metropolitan area - economic growth comparison (Index 2010=100), 2000-25
Figure 3: Busan metropolitan area - GDP per capita comparison, 2000-25
Figure 4: Busan metropolitan area - employment structure, 2000-25(% of total)
Figure 5: Busan metropolitan area - population comparison, 2000-25
Figure 6: Busan metropolitan area - population by age, 2000-25 (% of total)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report