South Korea Wine

South Korea Wine

  • October 2019 •
  • 92 pages •
  • Report ID: 5827461 •
  • Format: PDF
South Korea Wine

The South Korean wine sector is led by still wine category in both value and volume terms in 2018, while the sparkling wine category is expected to register fastest value and volume growth during 2018-2023.Hypermarkets and supermarkets emerged as the leading distribution channel of wine sector in the country.

Glass is the most commonly used pack material in the sector, followed by paper & board. Angel`s Heart, F.W. Langguth Erben Gmbh & Co. Kg and Keumyang Intenational Co are the leading players in the sector.

Country Profile report on the wine sector in South Korea provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

What else is contained?
- Sector data: Overall sector value and volume data with growth analysis for 2013-2023.
- Category coverage: Value and growth analysis for fortified wine, sparkling wine and still winewith inputs on individual segment share within each sector and the change in their market share forecast for 2018-2023.
- Distribution data: Percentage of sales within each sector through distribution channels such as cash & carries & warehouse clubs, convenience stores, department stores, hypermarkets & supermarkets, vending machines, e-retailers, “dollar stores”, variety stores & general merchandise retailers, drug stores & pharmacies, and other general retailers.
- Leading players: Market share of brands and private labels in both value and volume terms in 2018.
- Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. Pack material data for rigid plastics, glass, flexible packaging, rigid metal and others; pack type data for: specialty container, bottle, tube, tub and others.

- The per capita consumption of wine was lower in South Korea compared to both the global and regional level in 2018
- The South Korean consumers prefer non-premium products in the wine sector
- The sparkling wine category is expected to gain market share in value terms during 2018-2023
- The sparkling wine category is expected to gain market share in volume terms during 2018-2023
- Per capita consumption of still wine was higher in South Korea when compared to fortified wine and sparkling wine
- Angel`s Heart, owned by Angel`s Heart is the leading brand by volume in the South Korean wine sector

Reasons to buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.

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