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

Name: South Korea Wine Market (2020 - 2026) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Wine Market, South Korea Wine Market, South Korea Wine Market Revenues, South Korea Wine Market Share, South Korea Wine Market Size, South Korea Wine Market Outlook, South Korea Wine Market Report, South Korea Wine Market Competition, South Korea Wine Market Overview, South Korea Wine Market Trends, South Korea Wine Market 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: Aug 2025	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

South Korea Wine Market Size Growth Rate

The South Korea Wine Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 5.54% in 2025, growth builds up to 6.80% by 2029.

South Korea Wine Market Growth Rate

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

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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

4.2.1 Increasing disposable income of consumers in South Korea

4.2.2 Growing interest in wine culture and consumption among younger demographics

4.2.3 Rising awareness about health benefits of moderate wine consumption

4.3 Market Restraints

4.3.1 High import taxes and tariffs on wine leading to increased prices

4.3.2 Cultural preference for traditional alcoholic beverages like soju and makgeolli

4.3.3 Strict regulations and restrictions on alcohol advertising and promotion in South Korea

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

8.1 Number of wine-related events and festivals in South Korea

8.2 Percentage of wine consumption in urban areas compared to rural areas

8.3 Number of wine education programs and courses offered in South Korea

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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Export potential assessment - trade Analytics for 2030

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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