South Korea Automotive Logistics Market Size, Share, and COVID-19 Impact Analysis, By Type (Finished Vehicles, Automotive Parts), By Activity (Warehousing and Handling, Transportation and Handling), and South Korea Automotive Logistics Market Insights, Industry Trend, Forecasts to 2035
Industry: Automotive & TransportationSouth Korea Automotive Logistics Market Insights Forecasts to 2035
- The South Korea Automotive Logistics Market Size was Estimated at USD 5.5 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 4.68% from 2025 to 2035
- The South Korea Automotive Logistics Market Size is Expected to Reach USD 9.10 Billion by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the South Korea Automotive Logistics Market Size is Anticipated to reach USD 9.10 Billion by 2035, Growing at a CAGR of 4.68% from 2025 to 2035. Some of the main factors propelling the market are South Korea's strong economic performance, recent advancements in logistics technology, the notable rise in online sales of auto parts, the execution of government programs, and the enforcement of more stringent environmental regulations.
Market Overview
Automotive logistics refers to the transportation of automotive-related goods, such as components, finished cars, aftermarket parts, and raw materials, throughout their lifecycle is referred to as automotive logistics. The scope of this includes manufacturing, outbound delivery, aftermarket support, procurement, the inbound supply chain, and reverse logistics (returns and recycling). Additionally, the market is expanding since to the nation's automotive industry's steady expansion, which directly affects the need for advanced logistics solutions. Further, the market is expanding due to recent advancements in logistics technology, like artificial intelligence (AI) and the Internet of Things (IoT), which are increasing supply chain efficiency. Furthermore, the market is expanding due to the notable rise in online sales of auto parts, which calls for more effective logistics solutions. Another element driving growth is the implementation of government programs to support the automotive industry. In addition, the market is expanding as a result of the implementation of stronger environmental regulations that are encouraging the use of more sustainable and environmentally friendly logistics techniques.
Report Coverage
This research report categorizes the market for the South Korea automotive logistics market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea automotive logistics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea automotive logistics market.
South Korea Automotive Logistics Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 5.5 Billion |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 4.68% |
2035 Value Projection: | USD 9.10 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 160 |
Tables, Charts & Figures: | 130 |
Segments covered: | By Type, By Activity and COVID-19 Impact Analysis. |
Companies covered:: | Hyundai Glovis, CJ Logistics, LG CNS, Hanjin Transportation, Coconut Silo, TeamFresh and Other. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The market is expanding as a result of growing consumer demand for quicker delivery times, which fuels the need for effective logistics. In addition, South Korea's fast urbanization is fueling the market expansion by creating increasingly complicated logistics needs in cities. Furthermore, the market is expanding more quickly due to recent advancements in transportation infrastructure that improve logistics effectiveness. Moreover, the market is expanding as a result of rising foreign investment in South Korea's automotive industry, which intensifies the demand for logistics services. In addition, the market is expanding due to the new trend of supply chain diversification as a risk mitigation strategy. The market expansion is also being reinforced by the continuous improvements made to South Korea's ports, which improve the effectiveness of import-export logistics. Additionally, the growth of the market is being positively impacted by the emergence of collaborative logistics models, where businesses pool resources.
Restraining Factors
Higher operating costs in the logistics sector are a result of rising labor costs, fuel prices, and the requirement for technology advancements. These expenses are frequently transferred to customers, which may affect South Korean logistics services' ability to compete internationally.
Market Segmentation
The South Korea automotive logistics market share is classified into type and activity.
- finished vehicles segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea automotive logistics market is segmented by type into finished vehicles and automotive parts. Among these, the finished vehicles segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The country's robust automotive manufacturing sector, which produces large volumes of vehicle exports and domestic distribution, is what propels this dominance. It is home to major international players like Hyundai, Kia, and Genesis.
- The transportation and handling segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea automotive logistics market is segmented by activity into warehousing and handling and transportation and handling. Among these, the transportation and handling segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is a reflection of the nation's robust automobile manufacturing and exporting industry, which necessitates the extensive transportation of completed automobiles and their components via both domestic and foreign routes.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea automotive logistics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Hyundai Glovis
- CJ Logistics
- LG CNS
- Hanjin Transportation
- Coconut Silo
- TeamFresh
- Others
Recent Developments:
- In June 2025, LG Energy Solution and Toyota Tsusho Corporation announced the establishment of Green Metals Battery Innovations, LLC, a joint venture company focused on battery recycling. Under the agreement signed by LG Energy Solution Michigan and Toyota Tsusho America, the two partners decided to construct and operate a pre-processing plant in Winston-Salem, North Carolina.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Automotive Logistics Market based on the below-mentioned segments:
South Korea Automotive Logistics Market, By Type
- Finished Vehicles
- Automotive Parts
South Korea Automotive Logistics Market, By Activity
- Warehousing and Handling
- Transportation and Handling
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