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Alcoholic Drinks
South Korea Wine Market 2024
The South Korea wine market is poised for gradual growth, with an expected incremental increase of USD 0.8 billion, reflecting a compound annual growth rate (CAGR) of nearly 3.9% from 2024 to 2029. South Korea’s wine market is expanding rapidly, driven by increasing disposable incomes and changing dietary habits. With a young and dynamic consum…
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Tissue and Hygiene
South Korea Feminine Hygiene Products Market 2024
The outlook for the South Korea feminine hygiene products market indicates a modest growth of USD 51.0 million, with an expected compound annual growth rate (CAGR) of approximately 1.8% over the next five years. South Korea’s feminine hygiene products market is largely driven by an advanced consumer base that values product quality and innovation. The gr…
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Alcoholic Drinks
South Korea Beer Market 2024
Anticipated growth in the South Korea beer market stands at USD 3.4 billion, with an expected compound annual growth rate (CAGR) of approximately 4.7% during the period spanning 2024 to 2029. South Korea’s beer market is seeing a shift towards premium and craft beer as consumers, particularly in urban areas, embrace more sophisticated beer option…
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Beverages
South Korea Tea Market 2024
The South Korea tea market is poised for gradual expansion, anticipated to grow by USD 50.2 million with a compound annual growth rate (CAGR) of around 2.7% throughout the 2024 to 2029 forecast period. South Korea’s tea market is propelled by a deep cultural connection to green tea and increasing interest in wellness-oriented beverages. Specia…
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Personal Care Products
South Korea Perfume Market 2024
The South Korea perfume market is projected to expand from USD 906.2 million in 2023 to USD 1,344.8 million by 2029, achieving a compound annual growth rate (CAGR) of 6.8% during the period from 2024 to 2029. South Korea’s perfume market is seeing strong growth, largely driven by the increasing influence of K-beauty trends and th…
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Beverages
South Korea Carbonated Soft Drinks Market 2024
The South Korea carbonated soft drinks market is anticipated to witness significant growth, with an expected uptick of USD 1.8 billion, equating to a compound annual growth rate (CAGR) of about 7.1% in the coming years. South Korea’s carbonated soft drinks market is driven by a strong appetite for innovation and premiumization. Young consumers, partic…
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Dairy Products
South Korea Ice Cream Market 2024
Incremental growth of USD 0.8 billion is anticipated in the South Korea ice cream market, which will expand at a CAGR of approximately 4.1% over the forecast period spanning 2024 to 2029. In South Korea, the ice cream market is buoyed by a strong preference for innovative and premium offerings, with consumers eager to try un…
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Tissue and Hygiene
South Korea Baby Diapers Market 2024
The South Korea baby diapers market is projected to show slight growth, anticipated to rise from USD 870.8 million in 2023 to USD 1,076.7 million by 2029, reflecting a compound annual growth rate (CAGR) of 3.6% during the period from 2024 to 2029. South Korea’s baby diapers market is driven by the increasing number of wor…
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Beverages
South Korea Energy Drinks Market 2024
Forecasted to grow at a moderate pace, the South Korea energy drinks market size is expected to reach USD 1,393.3 million by 2029, up from USD 897.8 million in 2023, resulting in a CAGR of 7.6%. South Korea’s energy drinks market is driven by a fast-paced lifestyle and a young consumer base actively engaged in fit…
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Beverages
South Korea Bottled Water Market 2024
The South Korea bottled water market is on track for a substantial increase of USD 2.3 billion, indicating a compound annual growth rate (CAGR) of roughly 8.5% during the forecast period from 2024 to 2029. In South Korea, bottled water growth is driven by health-conscious consumers and concerns about safe water quality amid rapid urbani…
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Beverages
South Korea Coffee Market 2024
Forecasts highlight a favorable growth outlook for the South Korea coffee market, with a projected increase of USD 2.1 billion and a compound annual growth rate (CAGR) close to 6% through 2029. South Korea’s coffee market is booming, driven by a strong café culture and a youthful population’s affinity for specialty coffee. The market is cha…