Home » Building & Construction » South Korea Industrial Design Market

South Korea Industrial Design Market By Product (Automotive, Furniture, Packaging); By Application (Transportation, Consumer Goods, Medical Devices); By End-User (Automotive, Electronics, Healthcare, Aerospace) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2019-2022
Base Year	2023
Forecast Period	2024-2032
South Korea Industrial Design Market Size 2023	USD 2,012.45 million
South Korea Industrial Design Market, CAGR	5.45%
South Korea Industrial Design Market Size 2032	USD 3,246.74 million

Market Overview

The South Korea Industrial Design Market is projected to grow from USD 2,012.45 million in 2023 to an estimated USD 3,246.74 million by 2032, registering a compound annual growth rate (CAGR) of 5.45% from 2024 to 2032. This steady growth reflects the increasing adoption of innovative design solutions across key industries, including automotive, electronics, and consumer goods.

Key drivers of this market include advancements in technology, such as artificial intelligence and 3D printing, which streamline the design process and enhance creativity. Additionally, a growing emphasis on sustainability and eco-friendly product development aligns with global trends, driving demand for designs that prioritize energy efficiency and recyclability. The rise in consumer preference for aesthetic and functional products further supports market growth, encouraging industries to invest in premium industrial design services.

Geographically, the market is concentrated in key industrial hubs, including Seoul and Busan, where technological innovation and manufacturing capabilities are strong. South Korea’s export-oriented economy amplifies the significance of high-quality industrial design in maintaining competitive global positioning. Prominent players in the market include Hyundai Design Center, LG Electronics, Samsung Design, and other specialized firms that continue to push the boundaries of industrial design excellence, contributing to the nation’s reputation as a leader in design innovation.

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample

Market Insights

The South Korea Industrial Design Market is projected to grow from USD 2,012.45 million in 2023 to USD 3,246.74 million by 2032, with a CAGR of 5.45% from 2024 to 2032.
Innovative technologies like AI, 3D printing, and VR streamline the design process, fostering creativity and driving demand across various industries.
A growing focus on eco-friendly product development and energy-efficient designs aligns with global sustainability trends, boosting market growth.
High competition among global and domestic players, coupled with market saturation in certain industries, poses challenges for smaller firms and new entrants.
The shortage of professionals skilled in advanced design technologies like AI and AR hinders innovation and market scalability.
Seoul leads with a 40% market share, followed by Busan (25%) and Incheon (20%), driven by strong infrastructure, industrial innovation, and export activity.
The market caters to various sectors, including automotive, electronics, consumer goods, and healthcare, ensuring steady demand across multiple applications.

Market Drivers

Technological Advancements Driving Innovative Design Processes

South Korea’s industrial design landscape is profoundly influenced by technological advancements, particularly in the realm of smart manufacturing. The government has embarked on initiatives like the “Manufacturing Renaissance Vision,” aiming to integrate digital technologies into manufacturing processes. For instance, the goal is to establish 30,000 smart factories nationwide by 2023, utilizing AI and the Industrial Internet of Things (IIoT) to enhance productivity and efficiency. This commitment is evident in the significant investments made, such as the $1.9 billion allocated in 2022 for R&D projects aimed at automating manufacturing technologies.Moreover, companies are increasingly adopting Building Information Modeling (BIM) to streamline construction processes. Samsung C&T Corporation, for example, has successfully implemented BIM in major projects like the Lotte World Tower, showcasing how this technology enhances design accuracy and project delivery. These advancements not only facilitate the creation of complex prototypes but also enable real-time monitoring and predictive analytics, allowing designers to anticipate market trends and consumer preferences effectively.The integration of these technologies positions South Korea as a leader in innovative industrial design, significantly transforming traditional practices and setting new benchmarks for efficiency and sustainability.

Emphasis on Sustainability and Eco-Friendly Product Development

Sustainability has become a cornerstone of industrial design in South Korea, driven by both consumer demand and government initiatives. The Korean government has set ambitious targets to reduce greenhouse gas emissions and promote eco-friendly practices across industries. A notable example is the Eco-Industrial Park (EIP) program, which has led to significant reductions in carbon emissions—6.48 million tons from 2005 to 2014—by promoting cleaner production techniques and industrial symbiosis.Leading companies are also embracing sustainable materials and practices. TONGYANG has integrated CarbonCure technology into its concrete production, setting a new standard for sustainable building materials. Additionally, major electronics firms are increasingly utilizing recyclable materials in their products, aligning with global environmental standards.The focus on sustainability not only enhances product appeal but also positions South Korea as a frontrunner in eco-friendly industrial design solutions. This commitment to green practices is reflected in various projects that prioritize energy efficiency and resource conservation, ultimately contributing to a more sustainable future for the industry.

Rising Consumer Demand for Aesthetic and Functional Products

South Korea’s highly competitive consumer market demands products that balance cutting-edge functionality with sophisticated aesthetics. This trend is especially pronounced in the electronics, automotive, and fashion industries, where consumers value innovative designs that enhance usability and offer a visually appealing experience. For example, sleek designs in smartphones, advanced user interfaces in home appliances, and ergonomic features in automotive interiors are gaining significant traction among South Korean consumers.This growing preference for high-quality, user-centric designs has pushed industries to invest heavily in industrial design services to gain a competitive edge. The rise of premium and lifestyle-oriented brands has further amplified the importance of industrial design, as these companies rely on unique, aesthetically pleasing designs to attract and retain customers. This dynamic consumer behavior continues to fuel the expansion of the industrial design market in South Korea.

Supportive Industrial Ecosystem and Global Export Demand

South Korea’s well-established industrial ecosystem, characterized by robust manufacturing capabilities and a highly skilled workforce, plays a pivotal role in driving the industrial design market. The country’s strong export-oriented economy amplifies the need for superior product designs that cater to international markets. South Korea’s global competitiveness in sectors such as automotive, electronics, and consumer goods hinges on the quality and innovation of its designs.Moreover, the government actively supports industrial design through policies, funding, and infrastructure development. Initiatives such as the Korea Institute of Design Promotion (KIDP) provide resources, training, and networking opportunities to designers and industries. This ecosystem fosters a culture of innovation, ensuring that South Korean industrial designs remain at the forefront of global trends. Additionally, partnerships between local firms and international brands further boost the market, as these collaborations often lead to the creation of world-class products tailored for diverse markets.

Market Trends

Integration of Advanced Technologies in Design Practices

The integration of advanced technologies is reshaping the landscape of industrial design in South Korea. Designers are leveraging artificial intelligence (AI), machine learning (ML), augmented reality (AR), virtual reality (VR), and 3D printing to create innovative solutions tailored to diverse industry needs. For instance, automotive manufacturers are employing AI to analyze user data and preferences, resulting in vehicles with interiors that prioritize user comfort and efficiency. In the realm of consumer electronics, companies utilize 3D printing to rapidly prototype new devices, significantly shortening the time from concept to market. This technology allows for iterative testing and refinement, ensuring that products meet consumer expectations before full-scale production. Moreover, VR and AR are transforming design conceptualization, enabling stakeholders to visualize products in immersive environments prior to production. These technological advancements foster efficiency, innovation, and cost-effectiveness in the industrial design market, positioning South Korea as a leader in adopting cutting-edge design practices.

Emphasis on Sustainable and Eco-Friendly Design

Sustainability has emerged as a central theme in South Korea’s industrial design market, driven by rising environmental awareness and stringent government regulations. Companies are increasingly adopting eco-friendly practices in their design processes, focusing on sustainable materials, energy-efficient manufacturing, and products that promote longevity and recyclability. For example, a leading electronics manufacturer has embraced modular design principles that allow consumers to upgrade components rather than replace entire devices, thereby reducing electronic waste. Additionally, automotive companies are incorporating lightweight materials and aerodynamic designs to enhance fuel efficiency and minimize emissions. This trend aligns with global movements toward circular economy principles, emphasizing resource efficiency and waste reduction. South Korea’s commitment to sustainable industrial design not only meets domestic and international regulatory standards but also enhances its reputation as a leader in responsible manufacturing. By prioritizing eco-friendly practices, South Korean firms are responding to consumer demand for sustainability while contributing positively to the environment.

Rise of User-Centric and Aesthetic Designs

Consumer expectations in South Korea are evolving rapidly, with a strong demand for products that seamlessly blend functionality and aesthetics. This trend is particularly evident in the consumer electronics, home appliances, and automotive industries. For instance, a prominent smartphone brand has revamped its product line to feature minimalist aesthetics combined with intuitive interfaces, enhancing user engagement and satisfaction. Similarly, home appliances are increasingly designed with smart interfaces and compact structures that complement modern lifestyles. In the automotive sector, designers focus on creating interiors that prioritize comfort and connectivity while catering to the growing demand for smart vehicles. This emphasis on user-centric design drives companies to invest heavily in research and development to ensure their products meet the dual demands of performance and appearance. By understanding consumer needs and incorporating them into the design process, South Korean firms maintain a competitive edge in an increasingly crowded market.

Collaboration Between Industries and Design Institutions

Another significant trend is the increasing collaboration between industries and design institutions in South Korea, fostering innovation and excellence in industrial design. Organizations such as the Korea Institute of Design Promotion (KIDP) play a pivotal role in bridging the gap between academia and industry by offering training programs, design resources, and platforms for collaboration. For instance, partnerships between tech companies and academic institutions have led to projects that blend cutting-edge technology with user-friendly design principles. These collaborations result in smart products that integrate advanced functionalities with intuitive designs while catering to diverse international markets. Furthermore, these partnerships enable South Korean firms to understand regional design preferences better, creating products that resonate with global audiences. By enhancing the quality of designs through interdisciplinary approaches, these collaborations strengthen South Korea’s position as a global leader in industrial design innovation while promoting continuous improvement within the industry.

Market Challenges

Intense Competition and Market Saturation

The South Korean industrial design market is characterized by intense competition and saturation, particularly in sectors such as consumer electronics and automotive. For instance, leading companies like Samsung and LG dominate the landscape, making it difficult for smaller firms to gain a foothold. This competitive environment compels businesses to invest significantly in research and development to foster innovation. However, smaller entities often lack the resources to keep pace with these industry giants, leading to a struggle for survival.Moreover, market saturation results in diminishing returns on innovation. As numerous companies vie for consumer attention, the incremental improvements in design frequently fail to resonate with the market. This scenario forces firms to continuously adapt their design strategies, which can strain profitability. The pressure to innovate while managing costs creates a challenging landscape for businesses aiming to maintain relevance and profitability in an increasingly crowded market.

Talent Shortage and Skill Gaps in Advanced Design Technologies

Another pressing challenge in South Korea’s industrial design sector is the talent shortage in advanced design technologies. For example, projections indicate that there may be a shortfall of over 50,000 skilled professionals in areas like artificial intelligence and 3D printing within the next few years. This gap poses significant hurdles for smaller firms that struggle to attract top talent due to limited resources and competition from larger organizations.The rapid evolution of technology further exacerbates this issue, as companies require continuous upskilling of their workforce to keep up with advancements. Consequently, the inability to secure skilled professionals not only stifles innovation but also limits the capacity of firms to scale operations effectively. Addressing this talent gap will necessitate collaborative efforts among educational institutions, industry stakeholders, and government initiatives aimed at fostering a robust pipeline of skilled designers capable of meeting the demands of modern industrial design.

Market Opportunities

Rising Demand for Sustainable and Eco-Friendly Designs

The commitment to sustainability in South Korea is exemplified by initiatives like the Green Building Activation Plan for Carbon Neutral Strategy 2050, which aims for a significant reduction in greenhouse gas emissions. For instance, the Sejong City Green Building Construction Plan has set ambitious targets to reduce emissions by 30% through eco-friendly construction practices. This includes promoting zero-energy buildings that produce as much energy as they consume, thereby minimizing reliance on traditional energy sources. Additionally, companies such as Samsung Electronics and Hyundai Motor Company are leading the charge by integrating sustainable practices into their operations. Samsung focuses on recyclable materials and energy-efficient products, while Hyundai is pioneering electric and hydrogen-powered vehicles. These efforts not only align with global sustainability goals but also enhance the competitiveness of South Korean brands in international markets, showcasing a robust commitment to eco-friendly design and innovation.

Adoption of Advanced Technologies in Industrial Design

The integration of advanced technologies is reshaping South Korea’s industrial design landscape. The government’s Manufacturing Innovation 3.0 strategy has prioritized the adoption of technologies like artificial intelligence (AI), augmented reality (AR), and 3D printing to enhance manufacturing processes. For example, the 3D printing sector has seen substantial growth, with around 400 active companies exploring applications across various industries, including automotive and healthcare. Notably, startups like MADDE are utilizing 3D printing technology for silicon carbide components, which are crucial for next-generation semiconductors. Furthermore, government initiatives have established AM-centric industrial parks to foster collaboration among small and medium-sized enterprises (SMEs). This technological shift enables companies to produce customized products efficiently while significantly reducing costs and production times. As a result, South Korea is positioning itself as a leader in the global landscape of industrial design through the strategic adoption of cutting-edge technologies.

Market Segmentation Analysis

By Product

The market is segmented into automotive, furniture, and packaging design products. The automotive segment holds a significant share due to South Korea’s global leadership in the automotive industry, with companies like Hyundai and Kia heavily investing in innovative and ergonomic vehicle designs. The furniture segment is growing steadily, driven by rising demand for modern, space-efficient designs in urban households. The packaging segment is experiencing a surge in demand as industries prioritize sustainable and aesthetically appealing packaging to enhance brand appeal and reduce environmental impact.

By Application

Key applications of industrial design in South Korea include transportation, consumer goods, and medical devices. The transportation segment, encompassing automotive and public transit, benefits from the demand for user-centric, energy-efficient designs. The consumer goods segment, including electronics and home appliances, thrives on the need for functional and visually appealing products. The medical devices segment is expanding rapidly, as healthcare companies invest in ergonomic and efficient device designs to cater to the growing demand for advanced medical technologies.

Segments

Based on Product

Automotive
Furniture
Packaging

Based on Application

Transportation
Consumer Goods
Medical Devices

Based on End-User

Automotive
Electronics
Healthcare
Aerospace

Based on Region

Seoul
Incheon
Busan

Regional Analysis

Seoul (40%)

Seoul, the capital city and a leading innovation hub, accounts for the largest share of the South Korea Industrial Design Market, contributing approximately 40% of the total market. The region is home to major corporations such as Samsung, LG, and Hyundai, which drive demand for cutting-edge industrial design services. With its vibrant ecosystem of design institutions, research facilities, and a highly skilled workforce, Seoul serves as the epicenter for technological advancements and creative design practices. The city’s strategic focus on fostering innovation and design excellence ensures its dominant position in the market.

Busan (25%)

Busan holds a significant share of the market, contributing around 25%. The city’s robust manufacturing base and proximity to South Korea’s largest port make it a key hub for industrial design, particularly in the automotive and logistics sectors. Busan is also emerging as a center for sustainable design practices, driven by increasing investments in eco-friendly products and materials. Its strategic location as a gateway to international trade amplifies its role in the market.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Customize Now

Key players

RKS Design
Busse Design
Designworks
Accenture
BlueFocus Intelligent Communications Group Co.
IDEO LLC
GK Design
Altran Technologies SA
Naoto Fukasawa
Almond Studio
S2Victor

Competitive Analysis

The South Korea Industrial Design Market is highly competitive, driven by a mix of global and domestic players offering innovative and user-centric design solutions. Companies like IDEO LLC, Designworks, and Accenture leverage their global presence and expertise in advanced technologies such as AI, 3D printing, and sustainability-focused design. Meanwhile, regional players such as RKS Design, GK Design, and Naoto Fukasawa focus on tailored solutions that align with South Korea’s cultural and industrial needs. Smaller firms, including Almond Studio and S2Victor, cater to niche markets, offering personalized and creative design services. Competition is further intensified by a growing demand for eco-friendly and technologically advanced products, pushing all players to continuously innovate. The competitive landscape is characterized by strategic partnerships, investments in R&D, and a focus on sustainability, ensuring that market leaders maintain their edge while new entrants strive to carve their niche.

Recent Developments

In October 2024, RKS Design announced its focus on enhancing human-centered design methodologies in the South Korean market. Their approach emphasizes the integration of advanced technologies like AI and IoT into product development. This initiative aims to address the growing consumer demand for intuitive and user-friendly products, particularly in the healthcare and consumer goods sectors.

As of July 2024, Busse Design has expanded its operations in South Korea, launching a new office in Seoul. This expansion is part of their strategy to tap into the burgeoning industrial design market in Asia. The firm plans to leverage its expertise in product design and engineering to collaborate with local manufacturers, focusing on sustainable design practices that align with global environmental standards.

In December 2024, Designworks, a subsidiary of BMW Group, unveiled a new collaborative project with South Korean tech companies aimed at developing smart mobility solutions. This initiative highlights the intersection of industrial design and technology, focusing on creating user-centric designs that enhance the driving experience while incorporating sustainable materials.

In January 2025, Accenture launched a new digital product development framework tailored for the South Korean market. This framework integrates advanced analytics and AI-driven insights to streamline the design process for industrial products. Accenture aims to support local businesses in enhancing their product offerings through innovative design solutions that meet evolving consumer expectations.

In October 2024, BlueFocus announced a strategic partnership with several South Korean design firms to enhance brand management services through innovative design solutions. This collaboration focuses on integrating marketing strategies with industrial design, aiming to create cohesive brand experiences that resonate with consumers in the competitive South Korean market.

As of November 2024, IDEO LLC has been actively involved in several projects within South Korea, emphasizing human-centered design principles. Their recent initiative includes workshops aimed at fostering innovation among local startups, helping them develop products that prioritize user experience and sustainability.

In September 2024, GK Design launched a new initiative focused on eco-friendly product designs in collaboration with South Korean manufacturers. This program aims to promote sustainable practices within the industrial design sector by utilizing recyclable materials and energy-efficient production processes.

In August 2024, Altran Technologies announced its expansion into South Korea’s industrial design market with a focus on digital transformation solutions. Their strategy includes offering services that combine engineering expertise with innovative design methodologies to enhance product development cycles for local companies.

In January 2025, S2Victor launched a new line of pet care products designed specifically for urban pet owners in South Korea. Their latest innovation focuses on convenience and functionality while maintaining an aesthetically pleasing design that appeals to modern consumers.

Market Concentration and Characteristics

The South Korea Industrial Design Market is moderately concentrated, with a mix of well-established global players and emerging domestic firms contributing to its dynamic nature. Market leaders such as IDEO LLC, Accenture, and Designworks dominate through their advanced technological expertise, global reach, and diverse design portfolios, while regional companies like RKS Design and GK Design provide specialized, culturally aligned solutions tailored to South Korea’s industries. The market is characterized by intense competition, driven by the need for continuous innovation, sustainability, and user-centric designs. Strong demand from sectors such as automotive, electronics, and consumer goods ensures a steady growth trajectory, while niche players focus on bespoke solutions to cater to specific industry needs. The integration of cutting-edge technologies, such as artificial intelligence and 3D printing, further defines the market’s advanced and innovation-driven characteristics.

Report Coverage

The research report offers an in-depth analysis based on Product, Application, End-User and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The South Korea industrial design market is projected to maintain steady growth, driven by rising demand for innovative and sustainable design solutions across diverse industries.

Technologies such as AI, AR, VR, and 3D printing will continue to revolutionize design practices, enabling greater efficiency, customization, and creativity.

Sustainability will remain a key priority, with growing emphasis on eco-friendly materials, energy-efficient designs, and circular economy principles influencing market trends.

Sectors like healthcare, aerospace, and renewable energy will see increased demand for industrial design services, presenting new growth opportunities.

Collaboration between design firms, academic institutions, and government bodies will enhance innovation and nurture a skilled workforce to address evolving market needs.

South Korean companies will strengthen their global presence by exporting high-quality, user-centric designs tailored to international markets.

Smaller firms and specialized designers will cater to niche markets, offering bespoke solutions for specific industries such as luxury goods and advanced medical devices.

Companies will allocate more resources to research and development, driving breakthroughs in materials, design technologies, and user-focused innovations.

The focus on understanding consumer preferences will intensify, ensuring designs are aesthetically pleasing, functional, and aligned with modern lifestyles.

Government initiatives and incentives will foster a conducive environment for growth, encouraging sustainable practices, regional development, and technology integration.

CHAPTER NO. 1 : INTRODUCTION 19

1.1.1. Report Description 19

Purpose of the Report 19

USP & Key Offerings 19

1.1.2. Key Benefits for Stakeholders 19

1.1.3. Target Audience 20

1.1.4. Report Scope 20

CHAPTER NO. 2 : EXECUTIVE SUMMARY 21

2.1. INDUSTRIAL DESIGN Market Snapshot 21

2.1.1. South Korea INDUSTRIAL DESIGN Market, 2018 – 2032 (USD Million) 22

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 23

3.1. Russia-Ukraine and Israel-Palestine War Impacts 23

CHAPTER NO. 4 : INDUSTRIAL DESIGN MARKET – INDUSTRY ANALYSIS 24

4.1. Introduction 24

4.2. Market Drivers 25

4.2.1. Driving Factor 1 Analysis 25

4.2.2. Driving Factor 2 Analysis 26

4.3. Market Restraints 27

4.3.1. Restraining Factor Analysis 27

4.4. Market Opportunities 28

4.4.1. Market Opportunity Analysis 28

4.5. Porter’s Five Forces Analysis 29

4.6. Value Chain Analysis 30

4.7. Buying Criteria 31

CHAPTER NO. 5 : IMPORT EXPORT ANALYSIS 32

5.1. Import Analysis by South Korea 32

5.1.1. South Korea INDUSTRIAL DESIGN Market Import Volume/Revenue, By South Korea, 2018 – 2023 32

5.2. Export Analysis by South Korea 33

5.2.1. South Korea INDUSTRIAL DESIGN Market Export Volume/Revenue, By South Korea, 2018 – 2023 33

CHAPTER NO. 6 : DEMAND SUPPLY ANALYSIS 34

6.1. Demand Analysis by South Korea 34

6.1.1. South Korea INDUSTRIAL DESIGN Market Demand Volume/Revenue, By South Korea, 2018 – 2023 34

6.2. Supply Analysis by South Korea 35

6.2.1. South Korea INDUSTRIAL DESIGN Market Supply Volume/Revenue, By South Korea, 2018 – 2023 35

CHAPTER NO. 7 : PRODUCTION ANALYSIS 36

7.1. Production Analysis by South Korea 36

7.1.1. South Korea INDUSTRIAL DESIGN Market Production Volume/Revenue, By South Korea, 2018 – 2023 36

CHAPTER NO. 8 : PRICE ANALYSIS 37

8.1. Price Analysis by Product Type 37

8.1.1. South Korea INDUSTRIAL DESIGN Market Price, By Product Type, 2018 – 2023 37

8.1.2. South Korea Product Type Market Price, By Product Type, 2018 – 2023 37

CHAPTER NO. 9 : RAW MATERIALS ANALYSIS 38

9.1. Key Raw Materials and Suppliers 38

9.2. Key Raw Materials Price Trend 38

CHAPTER NO. 10 : MANUFACTURING COST ANALYSIS 39

10.1. Manufacturing Cost Analysis 39

10.2. Manufacturing Process 39

CHAPTER NO. 11 : ANALYSIS COMPETITIVE LANDSCAPE 40

11.1. Company Market Share Analysis – 2023 40

11.1.1. South Korea INDUSTRIAL DESIGN Market: Company Market Share, by Volume, 2023 40

11.1.2. South Korea INDUSTRIAL DESIGN Market: Company Market Share, by Revenue, 2023 41

11.1.3. South Korea INDUSTRIAL DESIGN Market: Top 6 Company Market Share, by Revenue, 2023 41

11.1.4. South Korea INDUSTRIAL DESIGN Market: Top 3 Company Market Share, by Revenue, 2023 42

11.2. South Korea INDUSTRIAL DESIGN Market Company Volume Market Share, 2023 43

11.3. South Korea INDUSTRIAL DESIGN Market Company Revenue Market Share, 2023 44

11.4. Company Assessment Metrics, 2023 45

11.4.1. Stars 45

11.4.2. Emerging Leaders 45

11.4.3. Pervasive Players 45

11.4.4. Participants 45

11.5. Start-ups /SMEs Assessment Metrics, 2023 45

11.5.1. Progressive Companies 45

11.5.2. Responsive Companies 45

11.5.3. Dynamic Companies 45

11.5.4. Starting Blocks 45

11.6. Strategic Developments 46

11.6.1. Acquisitions & Mergers 46

New Product Launch 46

South Korea Expansion 46

11.7. Key Players Product Matrix 47

CHAPTER NO. 12 : PESTEL & ADJACENT MARKET ANALYSIS 48

12.1. PESTEL 48

12.1.1. Political Factors 48

12.1.2. Economic Factors 48

12.1.3. Social Factors 48

12.1.4. Technological Factors 48

12.1.5. Environmental Factors 48

12.1.6. Legal Factors 48

12.2. Adjacent Market Analysis 48

CHAPTER NO. 13 : INDUSTRIAL DESIGN MARKET – BY PRODUCT TYPE SEGMENT ANALYSIS 49

13.1. INDUSTRIAL DESIGN Market Overview, by Product Type Segment 49

13.1.1. INDUSTRIAL DESIGN Market Revenue Share, By Product Type, 2023 & 2032 50

13.1.2. INDUSTRIAL DESIGN Market Attractiveness Analysis, By Product Type 51

13.1.3. Incremental Revenue Growth Opportunity, by Product Type, 2024 – 2032 51

13.1.4. INDUSTRIAL DESIGN Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 52

13.2. Consumer Electronics 53

13.3. Automotive 54

13.4. Furniture 55

13.5. Packaging 56

13.6. Product Type 5 57

CHAPTER NO. 14 : INDUSTRIAL DESIGN MARKET – BY APPLICATION SEGMENT ANALYSIS 58

14.1. INDUSTRIAL DESIGN Market Overview, by Application Segment 58

14.1.1. INDUSTRIAL DESIGN Market Revenue Share, By Application, 2023 & 2032 59

14.1.2. INDUSTRIAL DESIGN Market Attractiveness Analysis, By Application 60

14.1.3. Incremental Revenue Growth Opportunity, by Application, 2024 – 2032 60

14.1.4. INDUSTRIAL DESIGN Market Revenue, By Application, 2018, 2023, 2027 & 2032 61

14.2. Transportation 62

14.3. Consumer Goods 63

14.4. Medical Devices 64

14.5. Application 4 65

14.6. Application 5 66

CHAPTER NO. 15 : INDUSTRIAL DESIGN MARKET – BY END-USER SEGMENT ANALYSIS 67

15.1. INDUSTRIAL DESIGN Market Overview, by End-user Segment 67

15.1.1. INDUSTRIAL DESIGN Market Revenue Share, By End-user, 2023 & 2032 68

15.1.2. INDUSTRIAL DESIGN Market Attractiveness Analysis, By End-user 69

15.1.3. Incremental Revenue Growth Opportunity, by End-user, 2024 – 2032 69

15.1.4. INDUSTRIAL DESIGN Market Revenue, By End-user, 2018, 2023, 2027 & 2032 70

15.2. Automotive 71

15.3. Electronics 72

15.4. Healthcare 73

15.5. Aerospace 74

15.6. End-user 5 75

CHAPTER NO. 16 : INDUSTRIAL DESIGN MARKET – BY TECHNOLOGY SEGMENT ANALYSIS 76

16.1. INDUSTRIAL DESIGN Market Overview, by Technology Segment 76

16.1.1. INDUSTRIAL DESIGN Market Revenue Share, By Technology, 2023 & 2032 77

16.1.2. INDUSTRIAL DESIGN Market Attractiveness Analysis, By Technology 78

16.1.3. Incremental Revenue Growth Opportunity, by Technology, 2024 – 2032 78

16.1.4. INDUSTRIAL DESIGN Market Revenue, By Technology, 2018, 2023, 2027 & 2032 79

16.2. Technology 1 80

16.3. Technology 2 81

16.4. Technology 3 82

CHAPTER NO. 17 : – BY DISTRIBUTION CHANNEL SEGMENT ANALYSIS 83

17.1. INDUSTRIAL DESIGN Market Overview, by Distribution Channel Segment 83

17.1.1. INDUSTRIAL DESIGN Market Revenue Share, By Distribution Channel, 2023 & 2032 84

17.1.2. INDUSTRIAL DESIGN Market Attractiveness Analysis, By Distribution Channel 85

17.1.3. Incremental Revenue Growth Opportunity, by Distribution Channel, 2024 – 2032 85

17.1.4. INDUSTRIAL DESIGN Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 86

17.2. Distribution Channel 1 87

17.3. Distribution Channel 2 88

17.4. Distribution Channel 3 89

17.5. Distribution Channel 4 90

17.6. Distribution Channel 5 91

CHAPTER NO. 18 : INDUSTRIAL DESIGN MARKET – SOUTH KOREA ANALYSIS 92

18.1. Product Type 92

18.1.1. South Korea INDUSTRIAL DESIGN Market Revenue, By Product Type, 2018 – 2023 (USD Million) 92

18.2. South Korea INDUSTRIAL DESIGN Market Revenue, By Product Type, 2024 – 2032 (USD Million) 92

18.3. Application 93

18.3.1. South Korea INDUSTRIAL DESIGN Market Revenue, By Application, 2018 – 2023 (USD Million) 93

18.3.2. South Korea INDUSTRIAL DESIGN Market Revenue, By Application, 2024 – 2032 (USD Million) 93

18.4. End-user 94

18.4.1. South Korea INDUSTRIAL DESIGN Market Revenue, By End-user, 2018 – 2023 (USD Million) 94

18.4.2. South Korea INDUSTRIAL DESIGN Market Revenue, By End-user, 2024 – 2032 (USD Million) 94

18.5. Technology 95

18.5.1. South Korea INDUSTRIAL DESIGN Market Revenue, By Technology, 2018 – 2023 (USD Million) 95

18.5.2. South Korea INDUSTRIAL DESIGN Market Revenue, By Technology, 2024 – 2032 (USD Million) 95

18.6. Distribution Channel 96

18.6.1. South Korea INDUSTRIAL DESIGN Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 96

18.6.2. South Korea INDUSTRIAL DESIGN Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 96

CHAPTER NO. 19 : COMPANY PROFILES 97

19.1. RKS Design 97

19.1.1. Company Overview 97

19.1.2. Product Portfolio 97

19.1.3. Swot Analysis 97

19.1.4. Business Strategy 98

19.1.5. Financial Overview 98

19.1.6. Busse Design 99

19.1.7. Designworks 99

19.1.8. Accenture 99

19.1.9. BlueFocus Intelligent Communications Group Co. 99

19.1.10. IDEO LLC 99

19.1.11. GK Design 99

19.1.12. Altran Technologies SA 99

19.1.13. Naoto Fukasawa 99

19.1.14. Almond Studio 99

19.1.15. S2Victor 99

19.1.16. Company 12 99

19.1.17. Company 13 99

19.1.18. Company 14 99

CHAPTER NO. 20 : RESEARCH METHODOLOGY 100

20.1. Research Methodology 100

20.1.1. Phase I – Secondary Research 101

20.1.2. Phase II – Data Modeling 101

Company Share Analysis Model 102

Revenue Based Modeling 102

20.1.3. Phase III – Primary Research 103

20.1.4. Research Limitations 104

Assumptions 104

List of Figures

FIG NO. 1. South Korea INDUSTRIAL DESIGN Market Revenue, 2018 – 2032 (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for South Korea INDUSTRIAL DESIGN Market 29

FIG NO. 3. Value Chain Analysis for South Korea INDUSTRIAL DESIGN Market 30

FIG NO. 4. South Korea INDUSTRIAL DESIGN Market Import Volume/Revenue, By South Korea, 2018 – 2023 32

FIG NO. 5. South Korea INDUSTRIAL DESIGN Market Export Volume/Revenue, By South Korea, 2018 – 2023 33

FIG NO. 6. South Korea INDUSTRIAL DESIGN Market Demand Volume/Revenue, By South Korea, 2018 – 2023 34

FIG NO. 7. South Korea INDUSTRIAL DESIGN Market Supply Volume/Revenue, By South Korea, 2018 – 2023 35

FIG NO. 8. South Korea INDUSTRIAL DESIGN Market Production Volume/Revenue, By South Korea, 2018 – 2023 36

FIG NO. 9. South Korea INDUSTRIAL DESIGN Market Price, By Product Type, 2018 – 2023 37

FIG NO. 10. Raw Materials Price Trend Analysis, 2018 – 2023 38

FIG NO. 11. Manufacturing Cost Analysis 39

FIG NO. 12. Manufacturing Process 39

FIG NO. 13. Company Share Analysis, 2023 40

FIG NO. 14. Company Share Analysis, 2023 41

FIG NO. 15. Company Share Analysis, 2023 41

FIG NO. 16. Company Share Analysis, 2023 42

FIG NO. 17. INDUSTRIAL DESIGN Market – Company Volume Market Share, 2023 43

FIG NO. 18. INDUSTRIAL DESIGN Market – Company Revenue Market Share, 2023 44

FIG NO. 19. INDUSTRIAL DESIGN Market Revenue Share, By Product Type, 2023 & 2032 50

FIG NO. 20. Market Attractiveness Analysis, By Product Type 51

FIG NO. 21. Incremental Revenue Growth Opportunity by Product Type, 2024 – 2032 51

FIG NO. 22. INDUSTRIAL DESIGN Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 52

FIG NO. 23. South Korea INDUSTRIAL DESIGN Market for Consumer Electronics, Revenue (USD Million) 2018 – 2032 53

FIG NO. 24. South Korea INDUSTRIAL DESIGN Market for Automotive, Revenue (USD Million) 2018 – 2032 54

FIG NO. 25. South Korea INDUSTRIAL DESIGN Market for Furniture, Revenue (USD Million) 2018 – 2032 55

FIG NO. 26. South Korea INDUSTRIAL DESIGN Market for Packaging, Revenue (USD Million) 2018 – 2032 56

FIG NO. 27. South Korea INDUSTRIAL DESIGN Market for Product Type 5, Revenue (USD Million) 2018 – 2032 57

FIG NO. 28. INDUSTRIAL DESIGN Market Revenue Share, By Application, 2023 & 2032 59

FIG NO. 29. Market Attractiveness Analysis, By Application 60

FIG NO. 30. Incremental Revenue Growth Opportunity by Application, 2024 – 2032 60

FIG NO. 31. INDUSTRIAL DESIGN Market Revenue, By Application, 2018, 2023, 2027 & 2032 61

FIG NO. 32. South Korea INDUSTRIAL DESIGN Market for Transportation, Revenue (USD Million) 2018 – 2032 62

FIG NO. 33. South Korea INDUSTRIAL DESIGN Market for Consumer Goods, Revenue (USD Million) 2018 – 2032 63

FIG NO. 34. South Korea INDUSTRIAL DESIGN Market for Medical Devices, Revenue (USD Million) 2018 – 2032 64

FIG NO. 35. South Korea INDUSTRIAL DESIGN Market for Application 4, Revenue (USD Million) 2018 – 2032 65

FIG NO. 36. South Korea INDUSTRIAL DESIGN Market for Application 5, Revenue (USD Million) 2018 – 2032 66

FIG NO. 37. INDUSTRIAL DESIGN Market Revenue Share, By End-user, 2023 & 2032 68

FIG NO. 38. Market Attractiveness Analysis, By End-user 69

FIG NO. 39. Incremental Revenue Growth Opportunity by End-user, 2024 – 2032 69

FIG NO. 40. INDUSTRIAL DESIGN Market Revenue, By End-user, 2018, 2023, 2027 & 2032 70

FIG NO. 41. South Korea INDUSTRIAL DESIGN Market for Automotive, Revenue (USD Million) 2018 – 2032 71

FIG NO. 42. South Korea INDUSTRIAL DESIGN Market for Electronics, Revenue (USD Million) 2018 – 2032 72

FIG NO. 43. South Korea INDUSTRIAL DESIGN Market for Healthcare, Revenue (USD Million) 2018 – 2032 73

FIG NO. 44. South Korea INDUSTRIAL DESIGN Market for Aerospace, Revenue (USD Million) 2018 – 2032 74

FIG NO. 45. South Korea INDUSTRIAL DESIGN Market for End-user 5, Revenue (USD Million) 2018 – 2032 75

FIG NO. 46. INDUSTRIAL DESIGN Market Revenue Share, By Technology, 2023 & 2032 77

FIG NO. 47. Market Attractiveness Analysis, By Technology 78

FIG NO. 48. Incremental Revenue Growth Opportunity by Technology, 2024 – 2032 78

FIG NO. 49. INDUSTRIAL DESIGN Market Revenue, By Technology, 2018, 2023, 2027 & 2032 79

FIG NO. 50. South Korea INDUSTRIAL DESIGN Market for Technology 1, Revenue (USD Million) 2018 – 2032 80

FIG NO. 51. South Korea INDUSTRIAL DESIGN Market for Technology 2, Revenue (USD Million) 2018 – 2032 81

FIG NO. 52. South Korea INDUSTRIAL DESIGN Market for Technology 3, Revenue (USD Million) 2018 – 2032 82

FIG NO. 53. INDUSTRIAL DESIGN Market Revenue Share, By Distribution Channel, 2023 & 2032 84

FIG NO. 54. Market Attractiveness Analysis, By Distribution Channel 85

FIG NO. 55. Incremental Revenue Growth Opportunity by Distribution Channel, 2024 – 2032 85

FIG NO. 56. INDUSTRIAL DESIGN Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 86

FIG NO. 57. South Korea INDUSTRIAL DESIGN Market for Distribution Channel 1, Revenue (USD Million) 2018 – 2032 87

FIG NO. 58. South Korea INDUSTRIAL DESIGN Market for Distribution Channel 2, Revenue (USD Million) 2018 – 2032 88

FIG NO. 59. South Korea INDUSTRIAL DESIGN Market for Distribution Channel 3, Revenue (USD Million) 2018 – 2032 89

FIG NO. 60. South Korea INDUSTRIAL DESIGN Market for Distribution Channel 4, Revenue (USD Million) 2018 – 2032 90

FIG NO. 61. South Korea INDUSTRIAL DESIGN Market for Distribution Channel 5, Revenue (USD Million) 2018 – 2032 91

FIG NO. 62. Research Methodology – Detailed View 100

FIG NO. 63. Research Methodology 101

List of Tables

TABLE NO. 1. : South Korea INDUSTRIAL DESIGN Market: Snapshot 18

TABLE NO. 2. : Drivers for the INDUSTRIAL DESIGN Market: Impact Analysis 22

TABLE NO. 3. : Restraints for the INDUSTRIAL DESIGN Market: Impact Analysis 24

TABLE NO. 4. : South Korea INDUSTRIAL DESIGN Market Revenue, By Product Type, 2018 – 2023 34

TABLE NO. 5. : Key Raw Materials & Suppliers 35

TABLE NO. 6. : South Korea INDUSTRIAL DESIGN Market Revenue, By Product Type, 2018 – 2023 (USD Million) 89

TABLE NO. 7. : South Korea INDUSTRIAL DESIGN Market Revenue, By Product Type, 2024 – 2032 (USD Million) 89

TABLE NO. 8. : South Korea INDUSTRIAL DESIGN Market Revenue, By Application, 2018 – 2023 (USD Million) 90

TABLE NO. 9. : South Korea INDUSTRIAL DESIGN Market Revenue, By Application, 2024 – 2032 (USD Million) 90

TABLE NO. 10. : South Korea INDUSTRIAL DESIGN Market Revenue, By End-user, 2018 – 2023 (USD Million) 91

TABLE NO. 11. : South Korea INDUSTRIAL DESIGN Market Revenue, By End-user, 2024 – 2032 (USD Million) 91

TABLE NO. 12. : South Korea INDUSTRIAL DESIGN Market Revenue, By Technology, 2018 – 2023 (USD Million) 92

TABLE NO. 13. : South Korea INDUSTRIAL DESIGN Market Revenue, By Technology, 2024 – 2032 (USD Million) 92

TABLE NO. 14. : South Korea INDUSTRIAL DESIGN Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 93

TABLE NO. 15. : South Korea INDUSTRIAL DESIGN Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 93

Frequently Asked Questions

What is the market size of the South Korea Industrial Design Market in 2023 and 2032, and what is its CAGR

The market is valued at USD 2,012.45 million in 2023 and is projected to reach USD 3,246.74 million by 2032, growing at a CAGR of 5.45% from 2024 to 2032.

What are the key drivers of the South Korea Industrial Design Market?

Key drivers include advancements in technology like AI and 3D printing, growing emphasis on sustainability, and rising consumer preference for aesthetic and functional products.

Which industries contribute most significantly to the growth of the market?

The automotive, electronics, and consumer goods industries play a pivotal role, leveraging innovative industrial design solutions to enhance product appeal and functionality.

What is the geographical concentration of the South Korea Industrial Design Market?

The market is concentrated in industrial hubs like Seoul and Busan, known for their strong technological innovation, manufacturing capabilities, and export-oriented economies.

Who are the prominent players in the South Korea Industrial Design Market?

Major players include Hyundai Design Center, LG Electronics, Samsung Design, and other specialized firms that drive design innovation across key industries.

Purchase Options

Single User

$2699

Multi User

$3699

Custom Report

$5699

Request Free Sample

Have a question?

Don’t settle for less – trust Mitul to help you find the best solution.

Call: +91 6232 49 3207

EMAIL MITUL

Report delivery within 24 to 48 hours

– Other Info –

–What people say?-

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –