In 2021, the market size of the publishing industry in South Korea amounted to around 15.6 trillion South Korean won.
Publishing market
While the print publishing industry is shrinking, South Korea’s publishing market has a major driving force: the country’s large education market. In 2022, the transaction value of online book sales in South Korea stood at about 2.6 billion won.
Creative contents in South Korea
While the publishing industry was the largest sector overall within the content industry when it comes to sales revenue, the broadcasting industry recently edged it out. Another segment of significance, especially when it comes to export value and import value was the video game industry. All in all, the content industry has been an important asset for South Korea, as "hallyu" (the Korean wave) is changing the image of South Korea worldwide. It is therefore no surprise that the South Korean government is strongly subsidizing the cultural content sector.
Market size of publishing industry in South Korea from 2011 to 2021
(in trillion South Korean won)
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Statistics Korea. (January 29, 2024). Market size of publishing industry in South Korea from 2011 to 2021 (in trillion South Korean won) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1130329/south-korea-publishing-industry-market-size/
Statistics Korea. "Market size of publishing industry in South Korea from 2011 to 2021 (in trillion South Korean won)." Chart. January 29, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1130329/south-korea-publishing-industry-market-size/
Statistics Korea. (2024). Market size of publishing industry in South Korea from 2011 to 2021 (in trillion South Korean won). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1130329/south-korea-publishing-industry-market-size/
Statistics Korea. "Market Size of Publishing Industry in South Korea from 2011 to 2021 (in Trillion South Korean Won)." Statista, Statista Inc., 29 Jan 2024, https://www.statista.com/statistics/1130329/south-korea-publishing-industry-market-size/
Statistics Korea, Market size of publishing industry in South Korea from 2011 to 2021 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1130329/south-korea-publishing-industry-market-size/ (last visited November 21, 2024)
Market size of publishing industry in South Korea from 2011 to 2021 (in trillion South Korean won) [Graph], Statistics Korea, January 29, 2024. [Online]. Available: https://www.statista.com/statistics/1130329/south-korea-publishing-industry-market-size/