Spirits in South Korea
Spirits in South Korea
Published: February 2019
Publisher: MarketLine
Product ref: 306125
Pages: 37
Format: PDF
Delivery: By product vendor
- The spirits market consists of the sale of brandy, gin and genever, liqueurs, rum, specialty spirits, tequila and mezcal, vodka and whiskey. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2017 exchange rates.
- The South Korean spirits market had total revenues of $10,485.0m in 2017, representing a compound annual growth rate (CAGR) of 1.6% between 2013 and 2017.
- Market consumption volume increased with a CAGR of 1.9% between 2013 and 2017, to reach a total of 1,489.8 million liters in 2017.
- Having one of the world’s longest working days, South Korean people consider alcohol a stress buster from their stressful day jobs.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spirits market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spirits market in South Korea
- Leading company profiles reveal details of key spirits market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea spirits market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the South Korea spirits market by value in 2017?
- What will be the size of the South Korea spirits market in 2022?
- What factors are affecting the strength of competition in the South Korea spirits market?
- How has the market performed over the last five years?
- Who are the top competitiors in South Korea's spirits market?
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