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Logistics Tenant Profile #4 – Hwaseong: The Western Frontier Logistics Rush

Carter Kim • 31/03/2023

Dongtan accounts for only 8% of Hwaseong’s land area but is home to 43% of its population and concentrates approximately 73% of the city’s logistics center space. With excellent transportation access via the Gyeongbu Expressway and the 2nd Ring Expressway, and rapid population growth easing labor shortages, Dongtan has become a highly preferred fulfillment hub for e-commerce companies such as Coupang and G-market. However, due to limited development land, future logistics supply is expected to expand westward.

An analysis of logistics centers over 5,000 py shows that 3PL operators account for 47.9%, led by CJ Logistics. E-commerce represents 29.9%, with G-market occupying about 54% of that space, while fashion accounts for 12.1%.

Historically, logistics facilities were primarily used for manufacturing storage, bonded warehouses, and general distribution. However, with the growth of the retail market and the rapid expansion of e-commerce, fulfillment centers have become increasingly prominent. As each type—storage warehouse, distribution center, and fulfillment center—has different requirements in terms of location, infrastructure, and rental costs, understanding their distinct characteristics is essential.

Insights

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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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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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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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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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