South Korea Wine Market (2020-2026) | Analysis, COVID-19 IMPACT, Growth, Size, Companies, Outlook, Trends, Industry, Value, Revenue, Share & Forecast

Market Forecast By Product Types (Still Wine, Sparkling Wine, Dessert Wine, Fortified Wine), By Colors (Red Wine, Rose Wine, White Wine, Other Colors), By Distribution Channel (Offline , Online ) And Competitive Landscape
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 Competition 2023

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.

 South Korea Wine Market Competition 2023

South Korea Export Potential Assessment For Wine Market (Values in USD Thousand)


South Korea Export Potential Assessment For Wine Market (Values in USD Thousand)

South Korea Wine Market Synopsis

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.

Key Highlights of the Report:

  • South Korea Wine Market Outlook
  • Market Size of South Korea Wine Market, 2019
  • Forecast of South Korea Wine Market, 2026
  • Historical Data and Forecast of South Korea Wine Revenues & Volume for the Period 2016 - 2026
  • South Korea Wine Market Trend Evolution
  • South Korea Wine Market Drivers and Challenges
  • South Korea Wine Price Trends
  • South Korea Wine Porter's Five Forces
  • South Korea Wine Industry Life Cycle
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Product Types for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Still Wine for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Sparkling Wine for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Dessert Wine for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Fortified Wine for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Colors for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Red Wine for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Rose Wine for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By White Wine for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Other Colors for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Offline for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Wine Market Revenues & Volume By Online for the Period 2016 - 2026
  • South Korea Wine Import Export Trade Statistics
  • Market Opportunity Assessment By Product Types
  • Market Opportunity Assessment By Colors
  • Market Opportunity Assessment By Distribution Channel
  • South Korea Wine Top Companies Market Share
  • South Korea Wine Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Wine Company Profiles
  • South Korea Wine Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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

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