Market Forecast By Type (General Purpose, Private Label), By Usage (General Purpose Re-Loadable Card, Government Benefit/Disbursement Card, Payroll Card, Others), By End-User (Retail Establishments, Corporate Institutions, Government, Financial Institutions) And Competitive Landscape
Product Code: ETC420979 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | South Korea Postcard Market |
Forecast period | 2025-2031 |
CAGR | 2.8% |
Growing Sector | Government |
The South Korea Postcard Market Report thoroughly covers the market by Type, Usage and End-User. The South Korea Postcard Market Outlook report provides an unbiased and detailed analysis of the ongoing South Korea Postcard Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The South Korea Postcard Market is experiencing steady growth which is driven by increasing tourism and increasing popularity of collectible items. Postcards featuring traditional Korean art, historical sites, and modern attractions are particularly popular. Additionally, technological advancements in printing and design further propels the market expansion. Market players are focusing on unique designs and themes to attract customers. Environmental concerns are leading to the use of eco-friendly materials in postcard production. Overall, the South Korea postcard market is poised for continued growth, driven by innovation and consumer interest.
According to 6Wresearch, the South Korea Postcard Market is projected to grow at a CAGR of 2.8% during 2025-2031. One of the major drivers of the South Korea Postcard Market is the thriving tourism industry, with its rich cultural heritage and vibrant urban landscapes, creates a high demand for unique and visually appealing postcards. Additionally, the increasing popularity of collectible items among some people fuels the market as they seek out limited-edition and artist-designed postcards. Furthermore, the cultural importance of gift-giving, especially during festivals and special occasions, encourages the purchase and exchange of beautifully designed postcards. Moreover, advancements in printing technology have enabled more visually appealing and cost-effective postcard designs, further boosting their popularity among consumers.
However, the South Korea Postcard Market faces several formidable challenges that hinder its growth and development. One of the key challenges is the rise of digital communication which has sharply decreased the demand for traditional postcards, as people prefer instant messaging and social media for staying in touch. Additionally, high production and distribution costs make it tough for local businesses to compete with cheaper, mass-produced alternatives from other countries. Furthermore, there is a cultural shift among younger generations who view postcards as outdated, favouring more modern forms of expression like digital art and e-cards. Moreover, environmental concerns over paper waste have led to increased scrutiny and reduced consumer interest in paper-based products, further impacting the market.
Some of the prominent players in the South Korea Postcard Market include Artbox, Postcard Korea, Morning Glory, PAPERSHOP & Co., D.M.Craftsman, Everland Resort and Seoul Selection. These companies have a robust presence in the market and offer a wide range of customizable digital and printed postcards which attracts tourist and which in turn contribute to the economic growth of the country.
The South Korean government plays a pivotal role in enhancing the Postcard Market through several targeted initiatives. One of the key initiatives is the "Cultural Heritage Postcard Project", which aims to showcase the nation's rich cultural history by featuring UNESCO World Heritage Sites on postcards, thereby promoting cultural tourism. Additionally, the "Eco-Friendly Postcard Campaign", which encourages the use of sustainable materials to reduce the environmental impact of postcard production, fuels the growth of the market. Furthermore, the "Digital Postcard Innovation Program" which integrate augmented reality (AR) features, enhances the interactivity and appeal of traditional postcards, leads to the growth of the market.
The South Korea postcard market shows significant potential for growth in the coming years which is driven by rising tourism and interest in cultural heritage drive. Additionally, innovative designs and materials are attracting collectors and younger demographics. Digital postcards are gaining popularity, complementing traditional printed options. Retailers and manufacturers are expected to invest in new technologies to enhance product offerings. The market's competitive landscape will likely see increased collaborations and partnerships. Overall, the South Korea postcard market is poised for dynamic expansion.
According to Ravi Bhandari, Research Head, 6Wresearch, the general purpose postcard segment is the dominant segment in the industry due to its versatility and widespread use for various purposes such as tourism, cultural promotion, and personal communication. However, the segment that will grow in the coming years is the private label postcard segment. This growth is due to the customization options and unique designs that these postcards offer. Moreover, with the rise of tourism and cultural promotion in Brazil, there is a growing demand for personalized postcards featuring local landmarks and attractions which further leads to the growth of this segment.
Based on Usage, the general purpose re-loadable card segment is the dominant segment in the industry due to its widespread usage for various purposes such as personal and business transactions, gifting, and budgeting. However, the segment that will grow in the coming years is the government benefit/disbursement card segment as they offer a convenient and secure way for citizens to receive benefits from the government. Moreover, the increasing government initiatives towards financial inclusion and digitization of services further leads to the growth of this segment.
In terms of End-User, the retail establishments segment is the dominant segment in the industry due to the widespread availability of postcards in various retail stores and tourist destinations which makes it easily accessible for consumers. However, the segment that will grow in the coming years is the government segment which is due to the increasing adoption of postcards for various government initiatives which includes programs such as social welfare payments and student allowances being distributed through postcards.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Postcard Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Postcard Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Postcard Market - Industry Life Cycle |
3.4 South Korea Postcard Market - Porter's Five Forces |
3.5 South Korea Postcard Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Postcard Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.7 South Korea Postcard Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 South Korea Postcard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in South Korea, leading to increased demand for postcards as souvenirs. |
4.2.2 Rising popularity of snail mail and physical greetings in a digital age. |
4.2.3 Increasing focus on promoting Korean culture and heritage through traditional means like postcards. |
4.3 Market Restraints |
4.3.1 Competition from digital alternatives such as e-cards and social media greetings. |
4.3.2 Environmental concerns related to paper usage and waste. |
4.3.3 Fluctuating postal rates and delivery times impacting the postcard market. |
5 South Korea Postcard Market Trends |
6 South Korea Postcard Market, By Types |
6.1 South Korea Postcard Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Postcard Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 South Korea Postcard Market Revenues & Volume, By General Purpose, 2021 - 2031F |
6.1.4 South Korea Postcard Market Revenues & Volume, By Private Label, 2021 - 2031F |
6.2 South Korea Postcard Market, By Usage |
6.2.1 Overview and Analysis |
6.2.2 South Korea Postcard Market Revenues & Volume, By General Purpose Re-Loadable Card, 2021 - 2031F |
6.2.3 South Korea Postcard Market Revenues & Volume, By Government Benefit/Disbursement Card, 2021 - 2031F |
6.2.4 South Korea Postcard Market Revenues & Volume, By Payroll Card, 2021 - 2031F |
6.2.5 South Korea Postcard Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 South Korea Postcard Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 South Korea Postcard Market Revenues & Volume, By Retail Establishments, 2021 - 2031F |
6.3.3 South Korea Postcard Market Revenues & Volume, By Corporate Institutions, 2021 - 2031F |
6.3.4 South Korea Postcard Market Revenues & Volume, By Government, 2021 - 2031F |
6.3.5 South Korea Postcard Market Revenues & Volume, By Financial Institutions, 2021 - 2031F |
7 South Korea Postcard Market Import-Export Trade Statistics |
7.1 South Korea Postcard Market Export to Major Countries |
7.2 South Korea Postcard Market Imports from Major Countries |
8 South Korea Postcard Market Key Performance Indicators |
8.1 Percentage of postcards sold compared to total tourist arrivals in South Korea. |
8.2 Number of postcard design innovations or collaborations with local artists. |
8.3 Customer engagement metrics such as postcard sharing on social media platforms. |
9 South Korea Postcard Market - Opportunity Assessment |
9.1 South Korea Postcard Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Postcard Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.3 South Korea Postcard Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 South Korea Postcard Market - Competitive Landscape |
10.1 South Korea Postcard Market Revenue Share, By Companies, 2024 |
10.2 South Korea Postcard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |