Consumer and Market Insights: Hot Drinks in South Korea
Summary The South Korean Ice Cream market is forecast to register higher growth in value terms than in volume terms during 2015-2020. The market is led by the Hot Coffee category in both value and volume terms. The Hot Coffee category also accounts for the highest Off-trade & On-trade volume consumption in the country. Convenience Stores is the leading distribution channel, while Amorepacific, Sulloc and Dong Suh are the leading brands in the South Korean Hot Drinks market.
Key Findings The Hot Drinks market in South Korea is forecast to grow at a CAGR of 1.1% in US$ terms during 2015-2020 The Hot Coffee category accounts for the highest Off-trade & On-trade volume consumption in South Korea Hot Coffee is the leading value category in the South Korean Hot Drinks market Convenience Stores account for 50.9% of distribution share in the Hot Coffee category Jetty and Mite are the leading brands in the Other Hot Drinks category Flexible Packaging is the most commonly used packaging material in the South Korean Hot Drinks market Scope This
Synopsis Canadean’s Consumer and Market Insights report on the Hot Drinks market in South Korea provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
What else is contained? Market data: Overall market value and volume data with growth analysis for 2010-2020 Category coverage: Value and growth analysis for Hot Coffee, Hot Tea and Other Hot Drinks with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020 Leading players: Market share of brands during 2012-2015 Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and others in 2015 Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Flexible Packaging, Glass, Paper & Board and others; container data for: Bag/Sachet, Jar, Box, Can - Composite and others
Reasons To Buy Identify high potential categories and explore further market opportunities based on detailed value and volume analysis Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning