In 2023, the volume per capita of distilled alcoholic beverages in South Korea was positioned at 5.75 kilograms. Forecasted data indicates a steady increase over the next five years: 5.8 kg in 2024, 5.84 kg in 2025, 5.88 kg in 2026, 5.92 kg in 2027, and 5.95 kg in 2028.
Year-on-year, the variation is as follows:
- 2025: +0.69% from 2024
- 2026: +0.68% from 2025
- 2027: +0.68% from 2026
- 2028: +0.51% from 2027
Looking at the long-term trend, the compound annual growth rate (CAGR) over the period from 2024 to 2028 averages around 0.69% per year.
Future trends to watch for include potential shifts in consumer preferences towards premium and craft distilled products, the impact of regulatory changes on alcohol consumption, and the influence of health-conscious movements which may moderate the growth trajectory.
