
The South Korea hot drinks market is anticipated to witness significant growth, with an expected uptick of USD 2.0 billion, equating to a CAGR of about 5.3% in the coming 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.
Providing a holistic view of the South Korea hot drinks market, this report analyzes historical performance from 2020 to 2024 and projects trends through 2030. It evaluates market size, growth rates, and key segments, uncovering the forces driving change in the sector. With a focus on product type, packaging type and distribution channel, the report delivers a detailed analysis to inform strategic planning and market positioning.
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 hot drinks market in South Korea is segmented based on product type, packaging type and distribution channel. In terms of product type, the market is segmented into coffee, tea, chocolate drinks, and flavored powders. Packaging type segmentation includes 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
The hot drinks market remains highly competitive, with major players including 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 2020 to 2024. 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
Market Segmentation
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
Company Shares Analysis
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
Research Methodology
Disclaimer
FIGURES AND TABLES
Table South Korea Hot Drinks Market 2020-2030
Chart South Korea Hot Drinks Market, Net Growth, 2020-2030
Chart South Korea Hot Drinks Market, Growth Rates, 2020-2030
Table South Korea Hot Drinks Market by Product Type, 2020-2030
Chart South Korea Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart South Korea Hot Drinks Market by Product Type, 2020-2030
Table South Korea Hot Drinks Market by Packaging Type, 2020-2030
Chart South Korea Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart South Korea Hot Drinks Market by Packaging Type, 2020-2030
Table South Korea Hot Drinks Market by Distribution Channel, 2020-2030
Chart South Korea Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart South Korea Hot Drinks Market by Distribution Channel, 2020-2030
Table South Korea Hot Drinks Market Share (%), by Companies, 2020-2024
Chart South Korea Hot Drinks Market, by Companies, 2024
Table South Korea Hot Drinks Market Share (%), by Brands, 2020-2024
Chart South Korea Hot Drinks Market, by Brands, 2024
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
$625.0
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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