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Logistics Tenant Profile #12 – Daegu & Gyeongbuk: The final Piece of the Logistics Puzzle

Carter Kim • 21/12/2023

Daegu, Chilgok, and Gyeongsan account for about 81% of logistics center supply in the Daegu–Gyeongbuk region, benefiting from major expressways and proximity to consumption hubs. These areas host key logistics bases for e-commerce and retail companies like Coupang and BGF Logis. Manufacturing-focused logistics centers are located in Gimcheon and Pohang, serving companies such as POSCO and Hyundai Mobis.

Of the planned 263,000 py of new logistics space, only 60% has started construction, with actual supply by 2025 expected to reach around 160,000 py. Distribution and e-commerce centers are concentrated near Daegu, while manufacturing logistics hubs are planned near Ulsan and Pohang.

For logistics centers over 5,000 py, e-commerce occupies 54% of the area, followed by 3PL (16%) and manufacturing (10%). Coupang holds the largest footprint across all sectors. Key 3PL operators include CJ Logistics, POSRO, and Samil, while Hyundai Mobis, SELC, and LG Electronics operate manufacturing logistics centers.

Post-COVID, ultra-low-cost cross-border platforms like AliExpress and Temu have reshaped consumer trends. Korean companies such as Coupang and G-market are also expanding overseas direct purchase services and considering logistics infrastructure development.

In 2023, Korea’s cross-border e-commerce market grew 22% year-over-year to KRW 6.5 trillion, driven by Chinese platform expansion. As international delivery strengthens, the CBE (Cross-Border E-commerce) logistics market is growing, with Korean logistics firms investing in global distribution centers and anticipating increased demand near airports and ports.

Insights

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Research • Supply Chain

Industrial Complexes Today and Tomorrow

Since their introduction in the 1960s, industrial complexes have played a pivotal role in Korea’s economic activity, contributing to increased manufacturing output and export growth.
Suki Kim • 29/07/2025
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Insights • Supply Chain

Logistics Tenant Profile #25 – Pyeongtaek: The farthest from Seoul and the Closest to China

Over the past three years, Pyeongtaek has solidified its position as an emerging logistics hub, with cumulative logistics center supply increasing by more than 1.7 times.
Carter Kim • 24/07/2025
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Insights • Supply Chain

Logistics Tenant Profile #24 – Yeoju: Finding the Logistics Hotspot

Yeoju’s logistics sector has expanded rapidly over the past four years, with supply tripling—particularly around Ganam-eup.
Carter Kim • 28/05/2025
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Insights • Supply Chain

Logistics Tenant Profile #23 – Gimpo: The Origin Region of E-commerce Logistics

Gimpo is solidifying its position as a last-mile delivery hub, leveraging its strategic proximity to Seoul.
Carter Kim • 03/04/2025
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Insights • Supply Chain

Logistics Tenant Profile #22 – Chungcheong: The Changing Logistics HUB

The Chungcheong region is where most of the logistics centers are located along the Gyeongbu and Jungbu highways. 
27/03/2025
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Insights • Supply Chain

Logistics Tenant Profile #21 – Anseong: New Logistics HUB in Crisis

Anseong is a transportation hub with four expressways running through it, and logistics areas have been developed around the areas adjacent to the ICs. The supply has doubled in the past three years, and the increase in supply has been evenly distributed among the existing logistics supply areas.
Carter Kim • 05/02/2025

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