{"id":34656,"date":"2025-11-28T15:40:17","date_gmt":"2025-11-28T07:40:17","guid":{"rendered":"https:\/\/newsbites.hktdc.com\/?p=34656"},"modified":"2025-11-28T16:40:56","modified_gmt":"2025-11-28T08:40:56","slug":"skorea-silverecon","status":"publish","type":"post","link":"https:\/\/newsbites.hktdc.com\/trend\/skorea-silverecon\/","title":{"rendered":"South Korea&#8217;s Silver Economy Boom: 40% Seniors by 2050"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"34656\" class=\"elementor elementor-34656\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-448bd55 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"448bd55\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0096a0c\" data-id=\"0096a0c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f2080c8 elementor-widget elementor-widget-text-editor\" data-id=\"f2080c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>East Asia is ageing faster than any other region, and <strong>by 2050, Hong Kong, South Korea, Taiwan, and Japan will have the world\u2019s oldest populations according to the <em>United Nations<\/em>.<\/strong> South Korea in particular is seeing its population aged 65 and above rise from 20% in 2025 to nearly 40% by 2050. This demographic shift is reshaping its workforce, economy, and healthcare system\u2014while also creating new opportunities in the \u201csilver economy,\u201d the market serving older adults.<\/p><p>As there is an increasing focus on addressing the needs of an older population, as well as the potential business benefits this may bring, we will explore ways to leverage this silver economy with reference to South Korea&#8217;s ageing population.<\/p><p>Learn More:<\/p><p class=\"elementor-post__title\"><a href=\"https:\/\/sourcing.hktdc.com\/newsbites\/trend\/silver-mkt\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Senior Living Made Simple: Harnessing the Silver Market<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1ad6673 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1ad6673\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a090b59\" data-id=\"a090b59\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5bef629 elementor-widget elementor-widget-image\" data-id=\"5bef629\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"995\" height=\"613\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/11\/UN-age-pop.jpg\" class=\"attachment-large size-large wp-image-34683\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/11\/UN-age-pop.jpg 995w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/11\/UN-age-pop-600x370.jpg 600w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/11\/UN-age-pop-768x473.jpg 768w\" sizes=\"(max-width: 995px) 100vw, 995px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">By 2050, around 40% of South Korea's population will be seniors.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-28e2d39 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"28e2d39\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-08816eb\" data-id=\"08816eb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ac6301c elementor-widget elementor-widget-heading\" data-id=\"ac6301c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key Features of South Korea\u2019s Ageing Population<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-37dcec0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"37dcec0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ca00291\" data-id=\"ca00291\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df48927 elementor-widget elementor-widget-text-editor\" data-id=\"df48927\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>From 1990 to 2024, South Korea\u2019s senior population more than tripled, while total population growth stagnated. <strong>The old\u2011age dependency ratio is projected to reach 75.6% by 2050, meaning far fewer workers supporting each retiree. <\/strong><\/p><h3>High Labour Market Participation Among Seniors<\/h3><p>Many seniors keep working: in 2023, 37.3% of those over 65 remained employed\u2014the highest rate in the <em>Organisation for Economic Co-operation and Development<\/em>\u00a0(<em>OECD<\/em>) countries\u2014often due to low pensions rather than choice. <strong>Pension payouts in 2022 were well below the basic living cost, highlighting financial insecurity among the elderly.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c34283 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1c34283\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fc479b3\" data-id=\"fc479b3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-92d7f83 elementor-widget elementor-widget-image\" data-id=\"92d7f83\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1004\" height=\"678\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/11\/UN-old-dependency.jpg\" class=\"attachment-large size-large wp-image-34687\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/11\/UN-old-dependency.jpg 1004w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/11\/UN-old-dependency-600x405.jpg 600w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/11\/UN-old-dependency-768x519.jpg 768w\" sizes=\"(max-width: 1004px) 100vw, 1004px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">There will be increasing pressure on society and the workforce as the old\u2011age dependency ratio rises.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b52a61e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b52a61e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-da4b160\" data-id=\"da4b160\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dbcc0ba elementor-widget elementor-widget-text-editor\" data-id=\"dbcc0ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>Challenges in Healthcare &amp; Social Support<\/h3><p>Healthcare presents another challenge. With 84% of seniors managing chronic illnesses and 15% homebound, the nation faces doctor shortages, especially in rural regions. Meanwhile, more seniors are living alone\u2014single\u2011elderly households are expected to reach 5\u202fmillion by 2052\u2014intensifying the need for accessible care and social support.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f9e46de elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f9e46de\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a86cf9e\" data-id=\"a86cf9e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0db36f9 elementor-widget elementor-widget-heading\" data-id=\"0db36f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Government\u2019s Approaches to Addressing an Ageing Society<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f52825a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f52825a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-deee011\" data-id=\"deee011\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-be8df86 elementor-widget elementor-widget-text-editor\" data-id=\"be8df86\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To address these pressures, the South Korea government\u2019s <em><strong>Basic Plan for an Ageing Society and Population (2021\u20132025)<\/strong><\/em> aims to build a healthier, more active ageing population. Reforms include:<\/p><ul><li>Raising the minimum retirement age to 60+<\/li><li>Creating senior employment programs<\/li><li>Expanding long\u2011term care insurance<\/li><li>Reinforcing dementia prevention initiatives<\/li><li>Pension reforms passed to stabilise the system to 2071.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9486fb4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9486fb4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-976644f\" data-id=\"976644f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e58791 elementor-widget elementor-widget-heading\" data-id=\"1e58791\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Senior Living: What This Means for Global Buyers &amp; Suppliers<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6d94866 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6d94866\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3fc5e82\" data-id=\"3fc5e82\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38d0010 elementor-widget elementor-widget-text-editor\" data-id=\"38d0010\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Despite challenges, <strong>the ageing trend is driving growth in innovation, biotech, assistive devices, and AI-powered healthcare solutions.<\/strong> Technologies such as wearable health monitors, companion robots, and smart home aids are being rapidly adopted to enhance daily living.<\/p><p>Older consumers\u2014healthier, wealthier, and more independent\u2014are fueling markets in travel, wellness, and active lifestyle products. However, strict healthcare regulations and product reimbursement rules remain major entry barriers. <strong>Companies aiming to serve South Korea\u2019s silver economy must navigate these regulatory frameworks carefully to succeed.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-44bfd28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"44bfd28\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4eb4590\" data-id=\"4eb4590\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0943ddf elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"0943ddf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c6b4ca3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c6b4ca3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-94f6dc3\" data-id=\"94f6dc3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9343845 elementor-widget elementor-widget-text-editor\" data-id=\"9343845\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span id=\"Explore_Full_Survey_Findings\"><span data-teams=\"true\">Explore Full Findings<\/span><\/span><\/h3><p>Access detailed insights from <em>HKTDC Research<\/em> via:<\/p><p class=\"article-title\"><a href=\"https:\/\/research.hktdc.com\/en\/article\/MjE2NDU2MzkxNg\" target=\"_blank\" rel=\"noopener\">Silver Economy Opportunities: South Korea<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d124a4d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d124a4d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-90ad8cd\" data-id=\"90ad8cd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7063466 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7063466\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f19702 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f19702\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fb4234c\" data-id=\"fb4234c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-723be83 elementor-widget elementor-widget-heading\" data-id=\"723be83\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Source Safe and Senior-Friendly Products on hktdc.com Sourcing<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1404d9e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1404d9e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ad73b65\" data-id=\"ad73b65\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ffc584f elementor-widget elementor-widget-text-editor\" data-id=\"ffc584f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Given the enormous growth in ageing populations across Asia (and globally), it is time to tap into the silver market with the right platform. With our trusted e-Marketplace, you can easily find ideal healthcare and lifestyle products that fit the need of worldwide seniors.<\/p><p>Start your exploration today:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7aea776 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7aea776\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0be3d91\" data-id=\"0be3d91\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-efc91d0 elementor-widget elementor-widget-image\" data-id=\"efc91d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sourcing.hktdc.com\/en\/Product-Search\/elderly\/1?ref_source=newsbites\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"880\" height=\"200\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/03\/NB_vep_banner.png\" class=\"attachment-large size-large wp-image-27873\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/03\/NB_vep_banner.png 880w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/03\/NB_vep_banner-600x136.png 600w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/03\/NB_vep_banner-768x175.png 768w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0d5d15a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0d5d15a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9d2dde5\" data-id=\"9d2dde5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d52c9a2 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d52c9a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>East Asia is ageing faster than any other region, and by 2050, Hong Kong, South Korea, Taiwan, and Japan will have the world\u2019s oldest populations &hellip; <\/p>\n","protected":false},"author":28,"featured_media":34657,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[380,3,376,2],"tags":[],"class_list":["post-34656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","category-markets","category-medical-healthcare","category-trend"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>South Korea&#039;s Silver Economy Boom: 40% Seniors by 2050 - HKTDC Newsbites<\/title>\n<meta name=\"description\" content=\"East Asia is ageing faster than any other region, and by 2050, Hong Kong, South Korea, Taiwan, and Japan will have the world\u2019s oldest populations South Korea&#039;s 65+ population hits 20% in 2025, 40% by 2050. 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