SEOUL COMMERCIAL AREA

남대문시장(자유상가) Traditional market

Jung-gu (중구) 회현동· Area 78,068 m² · Area code 3130024 · 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.

신발 2025 Q4 · Seoul data

Estimated sales (quarter)₩4,327.5M▲ +18.8% YoY
Stores46▼ -2.1% YoY
Sales per store₩94.1M▲ +21.4% YoY

Reading this area Estimated sales rose 18.8% from a year earlier while stores were about the same at -2.1%, so sales per store also rose 21.4%. (descriptive pattern: Growing)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▲ +219.8%
Stores▼ -13.2%
Sales per store▲ +268.4%
Market size
Estimated sales (quarter)
₩4,327.5M
vs 2024Q4
+18.8%
Estimated transactions
64,849
Per-store economics
Estimated sales per store
₩94.1M
vs a year ago
+21.4%
Per transaction
₩67K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩1,353.4M – ₩4,697.4M
20212022202320242025
₩1,353.4M₩4,327.5M
Stores46 – 56
20212022202320242025
5346
Sales per store₩25.5M – ₩94.1M
20212022202320242025
₩25.5M₩94.1M
Openings0 – 3
20212022202320242025
21
Closings0 – 3
20212022202320242025
22
Franchise share0% – 4%
20212022202320242025
0%4%

⚠ 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 +18.8%, stores YoY -2.1%.

Competition change stores, openings, closings, franchise
Competition
Stores
46
vs a year ago
-2.1%
Franchise share
4% (2/46)
Movement
Openings (rate)
1 (2%)
Closings (rate)
2 (4%)
Net store change
−1
Estimated sales 2024 Q1 → 2025 Q4
₩3,227.3M₩4,327.5M
Stores 2024 Q1 → 2025 Q4
4946
Sales per store 2024 Q1 → 2025 Q4
₩65.9M₩94.1M

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

Customers when and who (share of estimated sales)
Time of day
  • 00–060%
  • 06–1112%
  • 11–1442%
  • 14–1740%
  • 17–216%
  • 21–240%
Age
  • 10s0%
  • 20s1%
  • 30s4%
  • 40s8%
  • 50s14%
  • 60+72%
Weekday / weekend
  • Weekday78%
  • Weekend22%
Day of week
  • Mon8%
  • Tue18%
  • Wed19%
  • Thu21%
  • Fri12%
  • Sat14%
  • Sun7%
Gender
  • Male20%
  • Female80%

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₩4,327.5M+18.8%46-2.1%₩94.1M+21.4%124%Growing
2025Q3₩3,592.5M-0.7%47-2.1%₩76.4M+1.4%004%Mixed
2025Q2₩4,392.3M+0.8%47-4.1%₩93.5M+5.0%224%Possible recovery
2025Q1₩2,525.9M-21.7%47-4.1%₩53.7M-18.4%004%Shrinking
2024Q4₩3,641.4M-12.9%47-6.0%₩77.5M-7.4%014%Shrinking
2024Q3₩3,617.3M+17.9%48-7.7%₩75.4M+27.8%014%Mixed
2024Q2₩4,359.3M-7.2%49-5.8%₩89M-1.5%004%Shrinking
2024Q1₩3,227.3M+4.6%49-5.8%₩65.9M+11.0%014%Mixed
2023Q4₩4,181.2M+2.2%50-9.1%₩83.6M+12.4%024%Possible recovery
2023Q3₩3,067.3M-8.3%52-5.5%₩59M-3.0%004%Shrinking
2023Q2₩4,697.4M+7.9%52-7.1%₩90.3M+16.2%004%Mixed
2023Q1₩3,086M+74.9%52-1.9%₩59.3M+78.3%034%Growing
2022Q4₩4,090.4M+35.0%55+3.8%₩74.4M+30.1%204%Growing
2022Q3₩3,344.6M+75.0%55+3.8%₩60.8M+68.7%010%Growing
2022Q2₩4,352.4M+79.5%56+3.7%₩77.7M+73.1%300%Growing
2022Q1₩1,764.2M+30.4%530.0%₩33.3M+30.4%000%Growing
2021Q4₩3,029.5M53₩57.2M000%
2021Q3₩1,910.9M53₩36.1M010%
2021Q2₩2,424.4M54₩44.9M100%
2021Q1₩1,353.4M53₩25.5M220%
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.