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Gimpo Insightsas of Oct 2026
Population size
290 K People
Population growth
2.5%
Age distribution
0-14: 12%
15-64: 75%
65+: 13% percent
15-64: 75%
65+: 13% percent
Household size
2.5 People
Household composition
Mostly nuclear families with 2-4 members
20% single-person
20% single-person
Education level
High school or higher: 95%
College or higher: 45% percent
College or higher: 45% percent
Median household income
50,000,000 KRW/year
Employment rate
65 %
Job growth
1.5 %
Dominant industries
Manufacturing, logistics, retail services
Cost of living index
85 (Seoul=100)
Retail sales per capita
12,000,000 KRW/year
Disposable income
35,000,000 KRW/year
Spending behavior by category - apparel, dining, electronics
Apparel: 10%, Dining: 15%, Electronics: 8% of total consumer spending percent
Existing retail mix
Supermarkets, department stores, fashion outlets, small specialty shops
Number of competitors
20 major retailers
Market saturation
70 percent occupied
Presence of anchor tenants
Yes, including Lotte Mart and Hyundai Premium Outlet
Foot traffic from nearby businesses
High, 10,000 daily visitors people/day
Rent costs
50,000 KRW/sqm/month
Property values
500,000,000 KRW/unit
Zoning laws
Mixed-use zoning in commercial districts allowing retail development
Business permits
1-2 months processing time months
Availability of retail space
10,000 sqm
Proximity to major roads
Direct access to Seoul-Gimpo Expressway and local arterials
Public transportation access
Subway Lines 5 and 9, extensive bus network
Parking availability
1,000 spaces
Pedestrian traffic
5,000 people/day in commercial areas
Vehicle traffic
50,000 vehicles/day on main roads
Public transport accessibility
High, multiple subway and bus connections
Commute times
30 minutes to Seoul center
Work patterns
Primarily commuter to Seoul, with growing local service sector jobs
Shopping preferences
Convenience-oriented, preference for one-stop malls and online options
Brand affinity
Strong affinity for local Korean brands like Samsung and Lotte
Consumer loyalty
High loyalty to established chains, 70% repeat purchases percent
Entertainment and leisure trends
Focus on family outings, movies, dining, and outdoor parks
Crime statistics
20 incidents per 1,000 people
Shoplifting rates
0.5 percent of sales
Public safety measures
Extensive CCTV coverage, regular police patrols in commercial areas
Tourist spending
1,000,000 KRW/year total
Tourist footfall
100,000 visitors/year
Major local events
Gimpo Han River Festival, local markets
Seasonal attractions
Cherry blossoms in spring, summer fireworks along Han River
E-commerce penetration
35 %
Click-and-collect adoption
20 %
Local preference for in-store shopping
60 %
Total retail space
500,000 sqm
Retail space per capita
1.7 sqm/person
Projected growth in retail space
5 %
Retail leakage rate
15 %
Sustainable retail demand
Growing steadily with population influx
Major upcoming retail projects
Expansion of Hyundai Premium Outlet and new community malls
Grocery market share distribution - Top 3 retailers & market share
E-Mart: 25%, Lotte Mart: 20%, Homeplus: 15% percent
Consumer spending patterns
Shift towards value and convenience purchases post-pandemic
Grocery expenditure trends
Rising 3% annually percent
Luxury retail performance
Moderate growth in outlets, 5% sales increase percent
Top mall shopping preferences
Hyundai Premium Outlet for fashion, Lotte Mall for dining and entertainment
Shopping trips to other cities - % of residents
30 percent monthly to Seoul
Key drivers for mall visits
Entertainment options, family dining, one-stop shopping
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion: 60%, Mid-range: 30%, Luxury fashion: 10% percent
Number of existing malls
5
Total retail footfall - annual visits across malls
10,000,000 sqm
Retail market gaps
Shortage of premium dining and experiential entertainment
Trade area population
500,000 people
Retail potential in catchment area
High due to population growth and income levels
Projected retail growth rate
4 %
Preferred mall layouts
Multi-level enclosed with integrated food courts and entertainment
Public transport access
Excellent integration with subway and buses
Walkability score
60 /100
Road infrastructure & car access
Well-developed highways and local roads
Parking capacity in comparable malls
2,000 spaces
Surrounding land use & future developments
Primarily residential with planned industrial and housing expansions
Retail Destinations in Gimpo
Browse 1 retail destination in Gimpo, South Korea. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Gimpo at a Glance
- Total Properties1
- CountrySouth Korea
