1. Market Research
  2. > Beverage
  3. > Alcoholic Drink
  4. > Wine Market Trends
  5. > Consumer and Market Insights: Wine Market in South Korea

Summary
The Consumer and Market Insights: Wine Market in South Korea report published by Canadean provides in-depth information on value and volume data by category and distribution channel. Leading brands, the most opportunistic foodservice channels, and packaging material and container consumption are also covered.

Key Findings
- South Korea's steady economy, young population, rising disposable income makes it an ideal choice for consumer packaged goods. Wine consumption in South Korea is forecast to register growth at a CAGR of 13.2% during 2014-2019.

- Sparkling Wine is the fastest growth category, registering a CAGR of 22.6% during 2009-2019

- The South Korean Wine market is highly competitive and is led by players such as Andre Clouet Wines, Duegradinv Wines and F.W. Langguth Erben Gmbh and Co.

- South Korea Wine market grew by 12.8% in value terms and 11.5% in volume terms during 2013-2014. The alcoholic beverages and tobacco price inflation stood at -0.2%.Due to this reason high-income consumers prefer premium brands in South Korean Wine market

- South Korea has a large proportion of young adult and middle aged consumers who increasingly prefer Wine over other alcoholic drinks as it is considered to be a more sophisticated beverage choice.

- Premium Wine is gaining popularity as an appreciation for taste and quality. The Dom Perignon 2002 vintage Wine is a premium quality Wine from France and sold by Dure Co. Ltd in South Korea. The vintage Wine is made using Pinot Noir and Chardonnay grape varieties and will appeal to quality seeking consumers.

- Stopper closure type packaging will register a growth of 11.4% CAGR during 2014-2019.

Synopsis
The report on the Wine sector in South Korea provides insights on high growth categories to target, trends in the usage of packaging materials, types, closures, and information on category level distribution and brands market shares.

What else is contained?

- Market data: Overall market value and volume data with growth analysis for 2014-2019

- Category coverage: Value and growth analysis for Still Wine, Sparkling Wine and Fortified Wine, with inputs on individual segment share within each category and the change in their market share forecast for 2014-2019

- Leading players: Market share of brands and private labels, private label growth analysis during 2011-2014

- Distribution data: Value shares within each category through channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and more

- Packaging data: usage of different packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging materials: flexible packaging, rigid plastics, rigid metal and others; containers: tray, tub, foil and others

- Consumer level trends: Top four consumer trends which influence prepared meals consumption

- Future outlook: Reviews and recommendations on how the market will shape up from 2014-2019

Reasons To Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

- Existing and new players can analyse 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

- Access the key and most influential consumer trends driving prepared meals consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target

- 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

Table Of Contents

Consumer and Market Insights: Wine Market in South Korea
Table of Contents
Introduction
Report introduction and definitions
Market Overview
Macroeconomic indicators - Population and age structure, GDP and Consumer Price Index
National retail and foodservice figures - Key Takeouts
Market value and volume for the South Korea Wine market
Historical and projected consumption in the South Korea Wine market
Degree of trade up/down-trade in the South Korea Wine market
Market volume of South Korea Wine by category
Historical and project market value of South Korea Wine by category
Winners and losers in the South Korea Wine market
Segment share of the category and change in market share in the South Korea Wine market
Category level pricing in the South Korea Wine market
Retailer and packaging
Leading retailers in the South Korea food market
Leading distribution channels in the South Korea Wine market
Leading distribution channels by category in the South Korea Wine market
South Korea Wine market by type of packaging
South Korea Wine market by type of packaging closure/outer
South Korea Wine market by type of packaging, forecasted
Private label performance compared to national brands in the South Korea Wine market
Leading companies in the South Korea Wine market by category
Leading brands in the South Korea Wine market by category
Consumer trend analysis
Canadean's consumer trend framework and explanation of the sub-trends
For key trends in the South Korea Wine market
How the trend is influencing consumption in the South Korea Wine market
How to target the trend in the South Korea Wine market
How the trend will evolve in the South Korea Wine market
Key target demographic and the rate and which the trend will evolve
Key drivers in the market that will increasingly influence consumption
Innovation examples
New product examples launched in the South Korea Wine market
Appendix
Country context
Sector overview
Category data
Segment data
Packaging data
Category definitions
Segment definitions
Channel definitions
Methodology
About Canadean

List of Tables
Table 1: Country indicators - overall beverages value and volume, 2014
Table 2: Market value analysis in KRW and USD, 2009-2019
Table 3: Market volume growth analysis, 2014-2019
Table 4: Average prices (KRW) by category, 2014
Table 5: Segment level analysis by category, 2014
Table 6: Leading retailers and store count
Table 7: Leading brands by category, 2014

List of Figures
Figure 1: Macro economic analysis: GDP per capita, Population , CPI(2009-2014), Age Profile (2014)
Figure 2: Foodservice transactions by sectors, profit and cost, 2014
Figure 3: Market value (KRW, USD) and volume analysis, 2009-2019
Figure 4: Consumers purchase behavior - Trading up/down, 2014
Figure 5: Market volume share analysis by categories, 2014
Figure 6: Growth analysis by category, 2009-2019
Figure 7: Change in market share by category, 2014-2019
Figure 8: Leading distribution channels, overall beverages, 2010-2013
Figure 9: Leading distribution channels by category, 2014
Figure 10: Packaging analysis - key packaging material, type, closure and outer, 2014
Figure 11: Growth in key packaging material, type, closure and outer, 2014-2019
Figure 12: Brand share growth, 2011-2014
Figure 13: Brand share analysis by categories, 2014
Figure 14: Examples - new product development

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Wine Label AWAreness™ Report 2016

Global Wine Label AWAreness™ Report 2016

  • $ 5250
  • Industry report
  • August 2016
  • by Alexander Watson Associates (AWA)

In 2002, AWA published the first study of the global wine label market, identifying volumes and trends in product decoration technologies for wines. AWA Global Wine Label AWAreness™ Report 2016 is the ...

Sparkling Wine: Global Market Intelligence (2011-2020)

Sparkling Wine: Global Market Intelligence (2011-2020)

  • $ 4675
  • Industry report
  • November 2016
  • by Sprout Intelligence

REPORT OBJECTIVES The report “Sparkling Wine: Global Market Intelligence (2011-2020)” provides market intelligence on the different market segments, based on type, distribution channel, and geography. ...

Global Wine Market - Growth, Trends and Forecasts (2016 - 2021)

Global Wine Market - Growth, Trends and Forecasts (2016 - 2021)

  • $ 4250
  • Industry report
  • October 2016
  • by Mordor Intelligence LLP

Market Insights The global wine market is currently valued at USD 304 billon and is expected to reach at USD   370 billion by 2021, at a 3.4% CAGR.   The wine market is huge, largely dominated by the ...


Download Unlimited Documents from Trusted Public Sources

Wine Trade in the US and Argentina

  • December 2016
    3 pages
  • Wine  

  • United States  

    Argentina  

View report >

The future of the Wine Industry

  • December 2016
    2 pages
  • Wine  

  • Romania  

    Europe  

    United Kingdom  

View report >

Fruit Industry in South Africa - Forecast

  • November 2016
    28 pages
  • Fruit  

    Wine  

    Spice  

  • South Africa  

View report >

Related Market Segments :

Wine
Packaging

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.