| Product Code: ETC040984 | Publication Date: Jan 2021 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
South Korea Catering Equipment market currently, in 2023, has witnessed an HHI of 2267, Which has increased slightly as compared to the HHI of 1938 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Catering Equipment Market supplies equipment used in the catering industry, including ovens, refrigerators, and serving utensils, ensuring efficient food preparation and service.
The South Korean catering equipment market is expanding with hospitality sector growth, dining trends, and foodservice innovation. Catering equipment includes cooking appliances, refrigeration systems, and service ware, supporting restaurant operations, event catering services, and culinary experiences across diverse consumer preferences.
Adapting to changing consumer preferences towards healthier dining options, ensuring energy efficiency, and complying with food safety regulations pose challenges for the catering equipment market in South Korea.
In South Korea, government policies impacting the catering equipment market emphasize food safety, hygiene standards, and consumer protection. Regulations govern the design, installation, and operation of catering equipment in restaurants, hotels, and food service establishments to ensure compliance with sanitation requirements and kitchen safety protocols. Government agencies conduct inspections, enforce food handling practices, and oversee equipment maintenance to prevent foodborne illnesses and promote public health. Policies also support industry training programs, certification requirements, and regulatory updates to enhance food service quality, customer satisfaction, and regulatory compliance in the catering equipment market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Catering Equipment Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Catering Equipment Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Catering Equipment Market - Industry Life Cycle |
3.4 South Korea Catering Equipment Market - Porter's Five Forces |
3.5 South Korea Catering Equipment Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 South Korea Catering Equipment Market Revenues & Volume Share, By Application, 2019 & 2026F |
3.7 South Korea Catering Equipment Market Revenues & Volume Share, By Sales Channel, 2019 & 2026F |
4 South Korea Catering Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing trend of eating out and increasing demand for quick service restaurants in South Korea |
4.2.2 Rising disposable income leading to higher spending on dining out experiences |
4.2.3 Increasing tourism industry boosting demand for catering services in South Korea |
4.3 Market Restraints |
4.3.1 Intense competition among catering equipment suppliers in the market |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Stringent government regulations and compliance requirements in the catering equipment industry |
5 South Korea Catering Equipment Market Trends |
6 South Korea Catering Equipment Market, By Types |
6.1 South Korea Catering Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Catering Equipment Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 South Korea Catering Equipment Market Revenues & Volume, By Cooking Equipment, 2016 - 2026F |
6.1.4 South Korea Catering Equipment Market Revenues & Volume, By Food Handling Equipment, 2016 - 2026F |
6.1.5 South Korea Catering Equipment Market Revenues & Volume, By Refrigeration Equipment, 2016 - 2026F |
6.1.6 South Korea Catering Equipment Market Revenues & Volume, By Food Preparation Equipment, 2016 - 2026F |
6.1.7 South Korea Catering Equipment Market Revenues & Volume, By Other, 2016 - 2026F |
6.2 South Korea Catering Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Catering Equipment Market Revenues & Volume, By Full-service Restaurants & Hotels, 2016 - 2026F |
6.2.3 South Korea Catering Equipment Market Revenues & Volume, By Quick-service Restaurants, 2016 - 2026F |
6.2.4 South Korea Catering Equipment Market Revenues & Volume, By Pubs, 2016 - 2026F |
6.2.5 South Korea Catering Equipment Market Revenues & Volume, By Caterers, 2016 - 2026F |
6.3 South Korea Catering Equipment Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 South Korea Catering Equipment Market Revenues & Volume, By Manufacturer/Distributor/Service Provider, 2016 - 2026F |
6.3.3 South Korea Catering Equipment Market Revenues & Volume, By Aftermarket, 2016 - 2026F |
7 South Korea Catering Equipment Market Import-Export Trade Statistics |
7.1 South Korea Catering Equipment Market Export to Major Countries |
7.2 South Korea Catering Equipment Market Imports from Major Countries |
8 South Korea Catering Equipment Market Key Performance Indicators |
8.1 Average utilization rate of catering equipment in South Korea |
8.2 Customer satisfaction levels with catering equipment suppliers |
8.3 Number of new product innovations and technological advancements in the catering equipment market |
9 South Korea Catering Equipment Market - Opportunity Assessment |
9.1 South Korea Catering Equipment Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 South Korea Catering Equipment Market Opportunity Assessment, By Application, 2019 & 2026F |
9.3 South Korea Catering Equipment Market Opportunity Assessment, By Sales Channel, 2019 & 2026F |
10 South Korea Catering Equipment Market - Competitive Landscape |
10.1 South Korea Catering Equipment Market Revenue Share, By Companies, 2019 |
10.2 South Korea Catering Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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