The South Korea gum market is expected to face a reduction of USD 4.0 million by 2029, reflecting a compound annual growth rate (CAGR) of -0.5%. South Korea’s gum market is anticipated to contract as evolving consumer behaviors and health trends reshape the industry. A key factor is the declining interest in gum among younger generations, who are turning to other convenient breath-freshening options, such as mints and sprays, driven by the country’s emphasis on health and well-being. Additionally, increasing competition from alternative snack categories, such as protein-rich and functional snacks, is diverting consumer attention.
The report delivers an in-depth analysis of the South Korea gum industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the gum market.
Market Segmentation
The following outlines the segmentation of the South Korea gum market:
Product type: bubble gum, chewing gum
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, warehouse clubs, grocery stores, general merchant stores, vending, e-commerce, others
The gum market in South Korea is segmented based on product type and distribution channel. By product type, the market includes bubble gum, and chewing gum. Distribution channel segmentation comprises convenience stores, forecourt, supermarkets and hypermarkets, warehouse clubs, grocery stores, general merchant stores, vending, e-commerce, and others.
Competitive Landscape
The report provides profiles of notable companies, including Orion Group, Lotte Corporation and Crown Confectionery Co. Ltd. This report delivers an in-depth examination of leading companies in the gum sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Korea gum market.
Gain in-depth analysis and forecasts for the key segments of the South Korea gum market: product 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 gum market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea gum market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
South Korea Gum Market – Product Type Analysis
South Korea Gum Market – Distribution Channel Analysis
Key Players and Market Share
– Orion Group
– Lotte Corporation
– Crown Confectionery Co., Ltd.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Korea Gum Market 2019-2029
Chart South Korea Gum Market, Net Growth, 2019-2029
Chart South Korea Gum Market, Growth Rates, 2019-2029
Table South Korea Gum Market by Product Type, 2019-2029
Chart South Korea Gum Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Gum Market by Product Type, 2019-2029
Table South Korea Gum Market by Distribution Channel, 2019-2029
Chart South Korea Gum Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Korea Gum Market by Distribution Channel, 2019-2029
Table South Korea Gum Market Share (%), by Companies, 2019-2023
Chart South Korea Gum Market, by Companies, 2023
Table South Korea Gum Market Share (%), by Brands, 2019-2023
Chart South Korea Gum 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 Gum Market: Spend as a Proportion of GDP (%)
Table South Korea Gum Market: Consumption per Capita (Population)
Companies Mentioned
Orion Group
Lotte Corporation
Crown Confectionery Co., Ltd.