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, particularly in urban areas like Seoul, are more willing to explore new flavors and brands, fueling the market for more diverse carbonated beverages. There is also an increasing demand for low-calorie and sugar-free options, driven by health-consciousness among the population. The convenience of modern retail channels, including e-commerce and convenience stores, is also contributing to wider product availability.
This report presents a detailed overview of the South Korea carbonated soft 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 type, product type, packaging and distribution channel. This detailed analysis supports the identification of growth opportunities within the carbonated soft drinks industry.
Market Segmentation
The South Korea carbonated soft drinks market is structured as follows:
Type: regular, low sugar/sugar free
Product type: cola carbonates, carbonated orange drinks, lemonade and lime, tonic water and mixers, others
Packaging: glass bottles, metal cans, plastic bottles
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, e-commerce, foodservice channels, others
In South Korea, the carbonated soft drinks market is segmented by type, product type, packaging and distribution channel. By type, it includes regular, and low sugar/sugar free. Product type segments encompass cola carbonates, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. Packaging segments consist of glass bottles, metal cans, and plastic bottles. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, e-commerce, foodservice channels, and others.
Competitive Landscape
Prominent companies operating within the market comprise Tropicana Brands Group Inc., The Coca-Cola Company, PepsiCo Inc., Otsuka Holdings Co. Ltd., Lotte Corporation and HITEJINRO CO. LTD. The report provides a detailed assessment of prominent companies within the carbonated soft 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 carbonated soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the South Korea carbonated soft drinks market: type, product type, packaging 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 carbonated soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea carbonated soft 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 Carbonated Soft Drinks Market – Type Analysis
South Korea Carbonated Soft Drinks Market – Product Type Analysis
South Korea Carbonated Soft Drinks Market – Packaging Analysis
South Korea Carbonated Soft Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– Tropicana Brands Group, Inc.
– The Coca-Cola Company
– PepsiCo, Inc.
– Otsuka Holdings Co. Ltd.
– Lotte Corporation
– HITEJINRO CO., LTD.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Korea Carbonated Soft Drinks Market 2019-2029
Chart South Korea Carbonated Soft Drinks Market, Net Growth, 2019-2029
Chart South Korea Carbonated Soft Drinks Market, Growth Rates, 2019-2029
Table South Korea Carbonated Soft Drinks Market by Type, 2019-2029
Chart South Korea Carbonated Soft Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Carbonated Soft Drinks Market by Type, 2019-2029
Table South Korea Carbonated Soft Drinks Market by Product Type, 2019-2029
Chart South Korea Carbonated Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Carbonated Soft Drinks Market by Product Type, 2019-2029
Table South Korea Carbonated Soft Drinks Market by Packaging, 2019-2029
Chart South Korea Carbonated Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart South Korea Carbonated Soft Drinks Market by Packaging, 2019-2029
Table South Korea Carbonated Soft Drinks Market by Distribution Channel, 2019-2029
Chart South Korea Carbonated Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Korea Carbonated Soft Drinks Market by Distribution Channel, 2019-2029
Table South Korea Carbonated Soft Drinks Market Share (%), by Companies, 2019-2023
Chart South Korea Carbonated Soft Drinks Market, by Companies, 2023
Table South Korea Carbonated Soft Drinks Market Share (%), by Brands, 2019-2023
Chart South Korea Carbonated Soft 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 Carbonated Soft Drinks Market: Spend as a Proportion of GDP (%)
Table South Korea Carbonated Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Tropicana Brands Group, Inc.
The Coca-Cola Company
PepsiCo, Inc.
Otsuka Holdings Co. Ltd.
Lotte Corporation
HITEJINRO CO., LTD.