SEOUL COMMERCIAL AREA

평화시장(남평화시장, 제일평화시장, 신평화패션타운) Traditional market

Jung-gu (중구) 신당동· Area 36,213 m² · Area code 3130327 · 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.

일반의류 2025 Q4 · Seoul data

Estimated sales (quarter)₩19,632.2M▲ +9.7% YoY
Stores2,451▼ -8.6% YoY
Sales per store₩8M▲ +20.0% YoY

Reading this area Against a year earlier, estimated sales +9.7%, stores -8.6% and sales per store +20.0% 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▲ +27.0%
Stores▼ -18.8%
Sales per store▲ +56.5%
Market size
Estimated sales (quarter)
₩19,632.2M
vs 2024Q4
+9.7%
Estimated transactions
86,463
Per-store economics
Estimated sales per store
₩8M
vs a year ago
+20.0%
Per transaction
₩227K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩9,952.8M – ₩25,699.4M
20212022202320242025
₩15,460.4M₩19,632.2M
Stores2,451 – 3,064
20212022202320242025
3,0202,451
Sales per store₩3.5M – ₩8.5M
20212022202320242025
₩5.1M₩8M
Openings2 – 104
20212022202320242025
1048
Closings26 – 122
20212022202320242025
9361
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 +9.7%, stores YoY -8.6%.

Competition change stores, openings, closings, franchise
Competition
Stores
2,451
vs a year ago
-8.6%
Franchise share
0% (0/2451)
Movement
Openings (rate)
8 (0%)
Closings (rate)
61 (3%)
Net store change
−53
Estimated sales 2024 Q1 → 2025 Q4
₩10,657.1M₩19,632.2M
Stores 2024 Q1 → 2025 Q4
2,8462,451
Sales per store 2024 Q1 → 2025 Q4
₩3.7M₩8M

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

Customers when and who (share of estimated sales)
Time of day
  • 00–063%
  • 06–114%
  • 11–1437%
  • 14–1725%
  • 17–2114%
  • 21–2416%
Age
  • 10s0%
  • 20s1%
  • 30s5%
  • 40s14%
  • 50s17%
  • 60+64%
Weekday / weekend
  • Weekday85%
  • Weekend15%
Day of week
  • Mon18%
  • Tue18%
  • Wed22%
  • Thu16%
  • Fri11%
  • Sat10%
  • Sun5%
Gender
  • Male27%
  • Female73%

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₩19,632.2M+9.7%2,451-8.6%₩8M+20.0%8610%Mixed
2025Q3₩12,311.9M+23.7%2,505-8.3%₩4.9M+34.9%9770%Mixed
2025Q2₩19,437.5M+38.7%2,573-8.0%₩7.6M+50.8%3550%Mixed
2025Q1₩15,532.9M+45.8%2,625-7.8%₩5.9M+58.0%4580%Mixed
2024Q4₩17,900.3M+4.6%2,681-9.5%₩6.7M+15.5%11590%Mixed
2024Q3₩9,952.8M-5.6%2,731-9.0%₩3.6M+3.7%16820%Shrinking
2024Q2₩14,015.1M-12.1%2,797-7.0%₩5M-5.4%2510%Shrinking
2024Q1₩10,657.1M-12.6%2,846-5.5%₩3.7M-7.5%71220%Shrinking
2023Q4₩17,118.2M-6.1%2,961-2.3%₩5.8M-3.9%9480%Mixed
2023Q3₩10,539M-24.3%3,000-1.4%₩3.5M-23.3%71800%Mixed
2023Q2₩15,942.4M-7.8%3,009-1.8%₩5.3M-6.1%49520%Mixed
2023Q1₩12,188.4M-1.3%3,012-1.3%₩4M+0.1%841020%Mixed
2022Q4₩18,227.8M-29.1%3,030+0.1%₩6M-29.2%41530%Mixed
2022Q3₩13,927.3M+16.6%3,042+1.0%₩4.6M+15.4%75970%Growing
2022Q2₩17,297.2M-14.9%3,064+1.8%₩5.6M-16.3%37260%Mixed
2022Q1₩12,342.9M-20.2%3,053+1.1%₩4M-21.0%60330%Mixed
2021Q4₩25,699.4M3,026₩8.5M63490%
2021Q3₩11,946.4M3,012₩4M76750%
2021Q2₩20,320.1M3,011₩6.7M44530%
2021Q1₩15,460.4M3,020₩5.1M104930%
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.