SEOUL COMMERCIAL AREA

서울세관 Developed area

Gangnam-gu (강남구) 논현2동· Area 185,480 m² · Area code 3120196 · Boundary 2023-10 (2023-10-20)

Quarterly statistics by industry that the Seoul commercial analysis service aggregates for this area. Top to bottom: three figures → reading → market change → competition change → customers → detailed data → sources and caveats.

Listed by the newest quarter's store count; not a rating or ranking.

전자상거래업 2025 Q4 · Seoul data

Estimated sales (quarter)₩237.9M▲ +47.6% YoY
Stores50▼ -21.9% YoY
Sales per store₩4.8M▲ +89.0% YoY

Reading this area Against a year earlier, estimated sales +47.6%, stores -21.9% and sales per store +89.0% do not read in one direction. (descriptive pattern: Mixed)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▲ +3558434.8%
Stores▲ +138.1%
Sales per store▲ +1494484.6%
Market size
Estimated sales (quarter)
₩237.9M
vs 2024Q4
+47.6%
Estimated transactions
802
Per-store economics
Estimated sales per store
₩4.8M
vs a year ago
+89.0%
Per transaction
₩297K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩7K – ₩237.9M
20212022202320242025
₩7K₩237.9M
Stores21 – 96
20212022202320242025
2150
Sales per store₩318 – ₩5.7M
20212022202320242025
₩318₩4.8M
Openings0 – 45
20212022202320242025
71
Closings0 – 11
20212022202320242025
07
Franchise share0% – 0%
20212022202320242025
0%0%

⚠ Dashed vertical line: the 2024 change of the city’s spatial unit. Keep it in mind when reading across it.

Lines join the values as recorded; a quarter without data breaks the line. Each chart is scaled to its own range. Latest sales YoY +47.6%, stores YoY -21.9%.

Competition change stores, openings, closings, franchise
Competition
Stores
50
vs a year ago
-21.9%
Franchise share
0% (0/50)
Movement
Openings (rate)
1 (2%)
Closings (rate)
7 (14%)
Net store change
−6
Estimated sales 2024 Q1 → 2025 Q4
₩144.2M₩237.9M
Stores 2024 Q1 → 2025 Q4
8550
Sales per store 2024 Q1 → 2025 Q4
₩1.7M₩4.8M

⚠ Vertical line: the 2024 change of the city's spatial unit

Customers when and who (share of estimated sales)
Time of day
  • 00–0652%
  • 06–110%
  • 11–140%
  • 14–172%
  • 17–2120%
  • 21–2427%
Age
  • 10s0%
  • 20s1%
  • 30s15%
  • 40s80%
  • 50s4%
  • 60+0%
Weekday / weekend
  • Weekday71%
  • Weekend29%
Day of week
  • Mon6%
  • Tue20%
  • Wed2%
  • Thu19%
  • Fri24%
  • Sat29%
  • Sun0%
Gender
  • Male82%
  • Female18%

Each split's share of estimated sales in 2025 Q4.

Detailed data every quarter, raw and derived
All quarters (20, from 2021 Q1)
QuarterEst. salesYoYStoresYoYPer storeYoYOpenCloseFranchisePattern
2025Q4₩237.9M+47.6%50-21.9%₩4.8M+89.0%170%Mixed
2025Q3₩195.3M+6.5%56-23.3%₩3.5M+38.9%000%Mixed
2025Q2₩89.8M-36.1%56-30.9%₩1.6M-7.6%010%Shrinking
2025Q1₩144.1M-0.1%57-32.9%₩2.5M+49.0%070%Possible recovery
2024Q4₩161.1M+24.2%64-33.3%₩2.5M+86.4%090%Mixed
2024Q3₩183.3M+123.0%73+28.1%₩2.5M+74.1%080%Growing
2024Q2₩140.6M+23.9%81+42.1%₩1.7M-12.8%040%Competition inflow
2024Q1₩144.2M-23.9%85+54.5%₩1.7M-50.8%0110%Possible crowding
2023Q4₩129.7M-44.8%96+134.1%₩1.4M-76.4%4560%Possible crowding
2023Q3₩82.2M-35.2%57+103.6%₩1.4M-68.2%220%Possible crowding
2023Q2₩113.4M+55.0%57+119.2%₩2M-29.3%530%Competition inflow
2023Q1₩189.5M+784.1%55+120.0%₩3.4M+301.8%1620%Growing
2022Q4₩234.7M41+70.8%₩5.7M1300%
2022Q3₩126.9M+466.8%28+12.0%₩4.5M+406.1%310%Growing
2022Q2₩73.2M+226.9%26+4.0%₩2.8M+214.3%210%Growing
2022Q1₩21.4M+320630.6%25+19.0%₩858K+269313.7%100%Growing
2021Q424010%
2021Q3₩22.4M25₩896K110%
2021Q2₩22.4M25₩896K400%
2021Q1₩7K21₩318700%
Sources and caveats

Seoul commercial-area boundaries (상권 영역) 2023-10-20·Seoul commercial-area store statistics (점포-상권) 2025-12-31·Seoul commercial-area estimated sales (추정매출-상권) 2025-12-31

Source: Seoul Metropolitan Government and Seoul Credit Guarantee Foundation, Seoul Commercial Analysis Service (KOGL type 1, attribution). NumLM Biz processes and analyses the original data.

Meaning & limits

Quarterly sales the city estimates from card data and area-level store statistics. Not actual takings, not the state of any shop, and a different count from the shops inside the radius. Industries are matched approximately to this site's types. The pattern names the direction of sales, stores and sales per store against a year earlier; it is not a score or a recommendation, and the same pattern can be read as opportunity or risk. Arrows show direction only, not good or bad.

⚠ Boundaries come from the 2023-10 file; in 2024 the Seoul service changed its spatial unit. The area codes are the same set in every year 2021–2025 here, but keep the change in mind when reading long series; the vertical line in the charts marks it.