Busan – Comprehensive Overview of the City, PEST Analysis and Key Industries Including Technology, Tourism and Hospitality, Construction and Retail

“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. _x000D_

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

The GDP of Busan slowed down to 2.3% in real terms in 2022 and accounted for 4.7% of the South Korea’s GDP. Busan large scale civil engeneering projects such as the Eco Delta City and the port redevelopment, alongside the recovery of the real estate market expected to thrive the regional economy in the long-run

Scope

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– The service sector remains the key contributor to the regional economy and the major employer in 2022. _x000D_

– Busan has emerged as a premier tourist destination in 2022, attracting both business and leisure travelers with its stunning landscapes and cultural attractions. However, the construction sector experienced a decline in 2022 due to decrease in private construction investment.

Reasons to buy

- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city._x000D_

- Analyze and understand the business environment in the city to align your investment and expansion strategies. _x000D_

- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure._x000D_

- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

Table of Contents

1. City Snapshot_x000D_

2. PEST Analysis_x000D_

2.1 Political_x000D_

2.2 Economic_x000D_

2.3 Social_x000D_

3. Technology and Infrastructure_x000D_

3.1 Communications_x000D_

3.2 Internal Transport Networks_x000D_

3.3 Connectivity_x000D_

3.4 Airport_x000D_

3.5 Port_x000D_

4. Business Environment Analysis_x000D_

5. Travel and Tourism_x000D_

5.1 Tourism Flows_x000D_

5.2 Hotels_x000D_

5.3 Attractions_x000D_

5.4 Events_x000D_

6. Construction and Real Estate_x000D_

6.1 Investment_x000D_

6.2 Real Estate Market_x000D_

7. Retail_x000D_

7.1 Retail Market_x000D_

7.2 Consumption, Income and Prices_x000D_

About MarketLine_x000D_

Contact Us

List of Tables

List of Tables

Table 1: Busan metropolitan area – key facts (estimates), 2022

Table 2: Busan metropolitan area- real GDP and real GDP growth, 2000-30

Table 3: Busan metropolitan area- economic growth comparison (Index 2010=100), 2000-30

Table 4: Busan metropolitan area- GDP per capita comparison, 2000-30 ($)

Table 5: Busan metropolitan area- employment structure, 2000-30 (% of total)

Table 6: Busan metropolitan area – main universities, 2023

Table 7: Busan metropolitan area – population indicators, 2016-20

Table 8: Busan metropolitan area – population comparison, 2000-30 (million)

Table 9: Busan metropolitan area – population by age, 2000-30 (% of total)

Table 10: Busan metropolitan area – mass transit network indicators, 2020

Table 11: Busan metropolitan area – Gimhae International Airport, key indicators, 2017-23*

Table 12: Busan city – tourists, 2019-23* (number)

Table 13: Busan city – tourists spending, 2021-22 ($ million)

Table 14: Busan city – international arrivals by country of residence, 2021-22 (number)

Table 15: Busan metropolitan area – MICE and other events

List of Figures

List of Figures

Figure 1: Busan metropolitan area- real GDP and real GDP growth, 2000-30

Figure 2: Busan metropolitan area- economic growth comparison (Index 2010=100), 2000-30

Figure 3: Busan metropolitan area- GDP per capita comparison, 2000-30

Figure 4: Busan metropolitan area- employment structure, 2000-30 (% of total)

Figure 5: Busan metropolitan area – population comparison, 2000-30

Figure 6: Busan metropolitan area – population by age, 2000-30 (% of total)

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