Spirits in South Korea - Marketline

Spirits in South Korea

Summary

Spirits in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The spirits market consists of the sale of brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka and whiskey. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2019 exchange rates.
- The South Korean spirits market had total revenues of $10.7bn in 2019, representing a compound annual growth rate (CAGR) of 2.2% between 2015 and 2019.
- Market consumption volume increased with a CAGR of 1.8% between 2015 and 2019, to reach a total of 1,541.1 million liters in 2019.
- Favorable economic conditions and increasing consumer purchasing power are the primary factors supporting the growth of this market.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spirits market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spirits market in South Korea
- Leading company profiles reveal details of key spirits market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea spirits market with five year forecasts

Reasons to Buy

- What was the size of the South Korea spirits market by value in 2019?
- What will be the size of the South Korea spirits market in 2024?
- What factors are affecting the strength of competition in the South Korea spirits market?
- How has the market performed over the last five years?
- What are the main segments that make up South Koreas spirits market?
 

 1 Executive Summary
 1.1. Market value
 1.2. Market value forecast
 1.3. Market volume
 1.4. Market volume forecast
 1.5. Category segmentation
 1.6. Geography segmentation
 1.7. Market share
 1.8. Market rivalry
 1.9. Competitive Landscape
 2 Market Overview
 2.1. Market definition
 2.2. Market analysis
 3 Market Data
 3.1. Market value
 3.2. Market volume
 4 Market Segmentation
 4.1. Category segmentation
 4.2. Geography segmentation
 4.3. Market distribution
 5 Market Outlook
 5.1. Market value forecast
 5.2. Market volume forecast
 6 Five Forces Analysis
 6.1. Summary
 6.2. Buyer power
 6.3. Supplier power
 6.4. New entrants
 6.5. Threat of substitutes
 6.6. Degree of rivalry
 7 Competitive Landscape
 7.1. Market share
 7.2. Who are the leading players in the South Korean spirits market?
 7.3. Which companies have been most successful in increasing their market share between 2015 and 2019?
 7.4. What are the most popular brands in the market?
 8 Company Profiles
 8.1. Hite Jinro Co Ltd
 8.2. Lotte Co Ltd
 9 Macroeconomic Indicators
 9.1. Country data
 10 Appendix
 10.1. Methodology
 10.2. Industry associations
 10.3. Related MarketLine research
 10.4. About MarketLine


List Of Tables

 Table 1: South Korea spirits market value: $ billion, 2015-19
 Table 2: South Korea spirits market volume: million liters, 2015-19
 Table 3: South Korea spirits market category segmentation: $ billion, 2019
 Table 4: South Korea spirits market geography segmentation: $ billion, 2019
 Table 5: South Korea spirits market distribution: % share, by value, 2019
 Table 6: South Korea spirits market value forecast: $ billion, 2019-24
 Table 7: South Korea spirits market volume forecast: million liters, 2019-24
 Table 8: South Korea spirits market share: % share, by value, 2019
 Table 9: Hite Jinro Co Ltd: key facts
 Table 10: Hite Jinro Co Ltd: Key Employees
 Table 11: Lotte Co Ltd: key facts
 Table 12: Lotte Co Ltd: Key Employees
 Table 13: South Korea size of population (million), 2015-19
 Table 14: South Korea gdp (constant 2005 prices, $ billion), 2015-19
 Table 15: South Korea gdp (current prices, $ billion), 2015-19
 Table 16: South Korea inflation, 2015-19
 Table 17: South Korea consumer price index (absolute), 2015-19
 Table 18: South Korea exchange rate, 2015-19


List Of Figures

Figure 1: South Korea spirits market value: $ billion, 2015-19
Figure 2: South Korea spirits market volume: million liters, 2015-19
Figure 3: South Korea spirits market category segmentation: % share, by value, 2019
Figure 4: South Korea spirits market geography segmentation: % share, by value, 2019
Figure 5: South Korea spirits market distribution: % share, by value, 2019
Figure 6: South Korea spirits market value forecast: $ billion, 2019-24
Figure 7: South Korea spirits market volume forecast: million liters, 2019-24
Figure 8: Forces driving competition in the spirits market in South Korea, 2019
Figure 9: Drivers of buyer power in the spirits market in South Korea, 2019
Figure 10: Drivers of supplier power in the spirits market in South Korea, 2019
Figure 11: Factors influencing the likelihood of new entrants in the spirits market in South Korea, 2019
Figure 12: Factors influencing the threat of substitutes in the spirits market in South Korea, 2019
Figure 13: Drivers of degree of rivalry in the spirits market in South Korea, 2019
Figure 14: South Korea spirits market share: % share, by value, 2019

Companies Mentioned

Hite Jinro Co Ltd
Lotte Co Ltd


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