Research on Logistics Market Changes and Logistics Warehouse Business Feasibility Analysis: Focusing on the Southern Gyeonggi Region

Purpose: In this study, the feasibility of developing distribution warehouses was analyzed from an economic and location perspective, focusing on the southern part of Gyeonggi-do.. Research design, data and methodology: By analyzing the business feasibility of the location considering the potential of Anseong City, Yongin City, Pyeongtaek City, and Icheon City, which have excellent location conditions for logistics warehouses, we would like to suggest the optimal supply direction and secure stable volume of logistics services.. Results: As a result of analyzing Yongin, Anseong, Pyeongtaek, and Icheon as examples in the southern part of Gyeonggi-do, it was found that the logistics warehouse business is economically feasible in most regions. As a result of the analysis of Anseong City, low-temperature warehouses recorded a return of about 11.7%, showing higher economic feasibility than room-temperature warehouses. Conclusions: The southern part of Gyeonggi Province is suitable for the development of logistics warehouses, and investment in high value-added facilities such as low-temperature logistics warehouses is expected to be promising.