Product Code: ETC018823 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Wine market currently, in 2023, has witnessed an HHI of 2019, Which has increased slightly as compared to the HHI of 1931 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 wine market in South Korea is anticipated to grow at a CAGR of 6.5% during the forecast period 2020-2026. The growing demand for imported wines, increasing disposable incomes and changing lifestyle trends are factors driving the growth of the market. The rising trend of wine consumption among young adults has propelled manufacturers to introduce various types of imported wines with different flavors and aromas into the Korea market. In addition, there has been an increase in promotional activities such as branded gift boxes being offered by retailers which have further created increased consumer awareness about different types of wines available in the region, thereby resulting in higher sales volume over time. Furthermore, investments from foreign companies coupled with government initiatives to promote local wineries is likely to contribute towards growth opportunities for key players operating in this industry over the coming years.
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 Wine Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Wine Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Wine Market - Industry Life Cycle |
3.4 South Korea Wine Market - Porter's Five Forces |
3.5 South Korea Wine Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 South Korea Wine Market Revenues & Volume Share, By Colors, 2019 & 2026F |
3.7 South Korea Wine Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 South Korea Wine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Wine Market Trends |
6 South Korea Wine Market, By Types |
6.1 South Korea Wine Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 South Korea Wine Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 South Korea Wine Market Revenues & Volume, By Still Wine, 2016 - 2026F |
6.1.4 South Korea Wine Market Revenues & Volume, By Sparkling Wine, 2016 - 2026F |
6.1.5 South Korea Wine Market Revenues & Volume, By Dessert Wine, 2016 - 2026F |
6.1.6 South Korea Wine Market Revenues & Volume, By Fortified Wine, 2016 - 2026F |
6.2 South Korea Wine Market, By Colors |
6.2.1 Overview and Analysis |
6.2.2 South Korea Wine Market Revenues & Volume, By Red Wine, 2016 - 2026F |
6.2.3 South Korea Wine Market Revenues & Volume, By Rose Wine, 2016 - 2026F |
6.2.4 South Korea Wine Market Revenues & Volume, By White Wine, 2016 - 2026F |
6.2.5 South Korea Wine Market Revenues & Volume, By Other Colors, 2016 - 2026F |
6.3 South Korea Wine Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 South Korea Wine Market Revenues & Volume, By Offline , 2016 - 2026F |
6.3.3 South Korea Wine Market Revenues & Volume, By Online , 2016 - 2026F |
7 South Korea Wine Market Import-Export Trade Statistics |
7.1 South Korea Wine Market Export to Major Countries |
7.2 South Korea Wine Market Imports from Major Countries |
8 South Korea Wine Market Key Performance Indicators |
9 South Korea Wine Market - Opportunity Assessment |
9.1 South Korea Wine Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 South Korea Wine Market Opportunity Assessment, By Colors, 2019 & 2026F |
9.3 South Korea Wine Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 South Korea Wine Market - Competitive Landscape |
10.1 South Korea Wine Market Revenue Share, By Companies, 2019 |
10.2 South Korea Wine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |