Franchise workers exceeded 1 million for the first time and 300,000 franchisees

Last year, the number of workers in the franchise industry exceeded 1 million for the first time due to the impact of the end of the COVID-19 crisis and the increase in single-person households, and the number of franchisees exceeded 300,000 for the first time.

Statistics Korea said the number of franchise industry workers stood at 1,012,000 as of the end of last year, up 7.4% from a year earlier, and the number of franchisees stood at 30,000, up 5.2% from a year earlier.

The franchise industry's overall sales also rose 8.4% to 108.8 trillion won, surpassing swan won for the second consecutive year.

Statistics Korea said the service industry continued to expand due to the end of the COVID-19 crisis, and the franchise industry continued to grow as the number of single-person households increased their tendency to eat out or find ready-to-eat meals.

In terms of sales, except for a 7% drop in stationery stores, the increase was in most industries, with bars such as draft beer up 24.7% and Korean food up 20.9%.The number of

franchises increased in most industries, including 13.6% for foreign food and 11.6% for stationery stores, except for a 2.3% drop in auto repairs.

Convenience stores and non-alcoholic beverages such as Korean food and coffee were the areas with the largest proportion of the number of employees and franchisees in the entire franchise industry.