Projections for the South Korea hot drinks market suggest a promising growth trajectory, with an anticipated rise of USD 2.0 billion and a compound annual growth rate (CAGR) nearing 5.3% over the next five years. In South Korea, the hot drinks market is influenced by a burgeoning coffee culture, with specialty coffee shops proliferating. The increasing focus on health and wellness is also driving interest in traditional teas and functional hot beverages.
This report presents a detailed overview of the South Korea hot drinks industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, packaging type and distribution channel. This detailed analysis supports the identification of growth opportunities within the hot drinks industry.
Market Segmentation
The South Korea hot drinks market is structured as follows:
Product type: coffee, tea, chocolate drinks, flavored powders
Packaging type: flexible packaging, glass, metal, paper-based containers, rigid plastic
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, bars & HoReCa, e-commerce, others
The South Korea hot drinks market is segmented by product type, packaging type and distribution channel. By product type, the market includes coffee, tea, chocolate drinks, and flavored powders. Packaging type segments are divided into flexible packaging, glass, metal, paper-based containers, and rigid plastic. Distribution channel segments consist of convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, bars & HoReCa, e-commerce, and others.
Competitive Landscape
Leading companies in the hot drinks market include Terarosa Coffee Co. Ltd., Nokchawon Co. Ltd., Nestle S.A., Namyang Dairy Products Co. Ltd., Lotte Corporation, KT&G Corporation, Korea Mcnulty Co. Ltd., JDE Peet’s N.V., Dong Suh Foods Corporation, Dong Suh Co. Ltd., DAMTUH Co. Ltd., Daesang Corporation and Amorepacific Corporation.
The report provides a detailed assessment of prominent companies within the hot drinks market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Korea hot drinks market.
Gain in-depth analysis and forecasts for the key segments of the South Korea hot drinks market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea hot drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea hot drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
South Korea Hot Drinks Market – Product Type Analysis
South Korea Hot Drinks Market – Packaging Type Analysis
South Korea Hot Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– Terarosa Coffee Co., Ltd.
– Nokchawon Co., Ltd.
– Nestle S.A.
– Namyang Dairy Products Co., Ltd.
– Lotte Corporation
– KT&G Corporation
– Korea Mcnulty Co., Ltd.
– JDE Peet’s N.V.
– Dong Suh Foods Corporation
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Korea Hot Drinks Market 2019-2029
Chart South Korea Hot Drinks Market, Net Growth, 2019-2029
Chart South Korea Hot Drinks Market, Growth Rates, 2019-2029
Table South Korea Hot Drinks Market by Product Type, 2019-2029
Chart South Korea Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Hot Drinks Market by Product Type, 2019-2029
Table South Korea Hot Drinks Market by Packaging Type, 2019-2029
Chart South Korea Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Hot Drinks Market by Packaging Type, 2019-2029
Table South Korea Hot Drinks Market by Distribution Channel, 2019-2029
Chart South Korea Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Korea Hot Drinks Market by Distribution Channel, 2019-2029
Table South Korea Hot Drinks Market Share (%), by Companies, 2019-2023
Chart South Korea Hot Drinks Market, by Companies, 2023
Table South Korea Hot Drinks Market Share (%), by Brands, 2019-2023
Chart South Korea Hot Drinks Market, by Brands, 2023
Table South Korea – Population (Millions) and Forecast
Table South Korea – Consumer Price Index (CPI) and Forecast
Table South Korea – Gross Domestic Product and Forecast
Table South Korea Hot Drinks Market: Spend as a Proportion of GDP (%)
Table South Korea Hot Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Terarosa Coffee Co., Ltd.
Nokchawon Co., Ltd.
Nestle S.A.
Namyang Dairy Products Co., Ltd.
Lotte Corporation
KT&G Corporation
Korea Mcnulty Co., Ltd.
JDE Peet’s N.V.
Dong Suh Foods Corporation
Dong Suh Co., Ltd.
DAMTUH Co., Ltd.
Daesang Corporation
Amorepacific Corporation