The Korean toothpaste market was often referred to as the ‘graveyard of foreign brands.’ 

South Korea set a record budget for its space programs to grow the space industry and build a solid foundation for a space economy. 

Korean consumers now place more value on factors such as health, safety and authenticity, increasing business opportunities for U.S. organic cosmetics brands.

There is a growing opportunity to provide services to provide entertainment services to South Korean audiences, domestic and foreign.

Market opportunities and demand in additive manufacturing (AM) technologies in Korea is growing.

The Korean government is enacting new standards and acts to boost the public and private Education Technology (EdTech) industry in Korea.

Among the total $4.8 billion in cross-border e-commerce sales in South Korea in 2022, 38 percent of goods were sourced from the United States.

More Korean healthcare companies looking to work with U.S. healthcare consulting firms as Korea grows its healthcare exports.

A world leader in memory chips, Korea is seeking to expand their leadership beyond memory chips to include microprocessors and sensors.

South Korean officials search for ways to move to more secure and environmentally friendly energy sources.

As awareness of cyber vulnerabilities became apparent, South Korea’s demand for cybersecurity products and services continues to grow.

The cross border e-commerce market in Korea has increased from $2billion in 2017 to $4.5 billion in 2022, resulting in a 23 % of average annual growth rate.

Where you come from matters if you want to enter the Korean Franchise market.

Korea’s Saving and Recycling of Resources Act (Recycling Act) bans the usage of plastic materials that are difficult to recycle such as PVC and colored PET bottles. 

Market expansion opportunities exist for American chemical companies for IT and electronics materials in Korea.