The carbonated soft drinks market in South Korea is likely to register a CAGR of over 8.4% with an incremental growth of USD 2.1 billion during the forecast period 2024-2029. Effective marketing and branding strategies play a crucial role in driving growth in the carbonated soft drink (CSD) market in the South Korea. Major beverage companies invest heavily in advertising campaigns that target diverse consumer segments, emphasizing the unique taste, lifestyle appeal, and emotional connection associated with their brands.
Celebrity endorsements, social media influencers, and sponsorship of popular events and sports tournaments are common tactics employed to enhance brand visibility and engage consumers. Additionally, product diversification, such as introducing new flavors and limited-edition releases, helps capture consumer interest and maintain brand relevance in a competitive market landscape.
The report provides a comprehensive analysis of the South Korea carbonated soft drinks industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as type, product, packaging, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the carbonated soft drinks sector.
Market Segmentation
The segmentation of the carbonated soft drinks market in South Korea is outlined below:
Type: regular, reduced sugar/sugar-free
Product: colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, others
Packaging: glass bottles, metal cans, plastic bottles
Distribution channel: convenience stores, forecourt retailers, supermarkets and hypermarkets, small grocery stores, vending, e-commerce, foodservice channels, others
The South Korea carbonated soft drinks market is segmented on the basis of type, product, packaging, and distribution channel. By type, the carbonated soft drinks market in South Korea has been segmented into regular, and reduced sugar/sugar-free. Based upon product, the carbonated soft drinks market in South Korea is categorized into colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. On the basis of packaging, the carbonated soft drinks market in South Korea has been segmented into glass bottles, metal cans, and plastic bottles. By distribution channel, the carbonated soft drinks market in South Korea has been segmented into convenience stores, forecourt retailers, supermarkets and hypermarkets, small grocery stores, vending, e-commerce, foodservice channels, and others.
Competitive Landscape
Top players covered in South Korea Carbonated Soft Drinks Market Study are HITEJINRO CO. LTD., Lotte Corporation, Otsuka Holdings Co. Ltd., PepsiCo Inc., The Coca-Cola Company.
The report offers a comprehensive review of the South Korea carbonated soft drinks market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Korea carbonated soft drinks market.
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.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSouth Korea carbonated soft drinks market – type analysis
South Korea carbonated soft drinks market – product analysis
South Korea carbonated soft drinks market – packaging analysis
South Korea carbonated soft drinks market – distribution channel analysis
Key players and market share
– HITEJINRO CO., LTD.
– Lotte Corporation
– Otsuka Holdings Co. Ltd.
– PepsiCo, Inc.
– The Coca-Cola Company
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, 2019-2029
Chart South Korea carbonated soft drinks market by product, CAGR historic and forecast, 2019-2029
Chart South Korea carbonated soft drinks market by product, 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)