Summary
Soft Drinks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The soft drinks market consists of retail sale carbonates, squash/syrups, nectars, energy drinks, juice, packaged water, sports drinks, iced/RTD tea drinks, flavoured water, still drinks, enhanced water, fruit powders, bulk/HOD water, and iced/RTD coffee drinks. However, the total market volume for soft drinks market excludes powder concentrates, which are included in the market value. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 exchange rates.
- The South Korean Soft Drinks market had total revenues of $12,612.6m in 2021, representing a compound annual growth rate (CAGR) of 0.6% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 2.2% between 2016 and 2021, to reach a total of 7,818.6 million litres in 2021.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 6.5% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $17,247.3m by the end of 2026.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the soft drinks market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soft drinks market in South Korea
- Leading company profiles reveal details of key soft drinks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea soft drinks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the South Korea soft drinks market by value in 2021?
- What will be the size of the South Korea soft drinks market in 2026?
- What factors are affecting the strength of competition in the South Korea soft drinks market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's soft drinks market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South Korean soft drinks market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2016-2021)?
7.4. Which companies market shares have suffered in the last 5 years (2016-2021)?
7.5. What are the most popular brands in the soft drinks market?
8 Company Profiles
8.1. Lotte Chilsung Beverage Co Ltd
8.2. Jeju Province Development Co
8.3. PepsiCo Inc
8.4. Coca-Cola Consolidated Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea soft drinks market value: $ billion, 2016–21
Table 2: South Korea soft drinks market volume: million liters, 2016–21
Table 3: South Korea soft drinks market category segmentation: % share, by value, 2016–2021
Table 4: South Korea soft drinks market category segmentation: $ billion, 2016-2021
Table 5: South Korea soft drinks market geography segmentation: $ million, 2021
Table 6: South Korea soft drinks market distribution: % share, by value, 2021
Table 7: South Korea soft drinks market value forecast: $ billion, 2021–26
Table 8: South Korea soft drinks market volume forecast: million liters, 2021–26
Table 9: South Korea soft drinks market share: % share, by value, 2021
Table 10: Lotte Chilsung Beverage Co Ltd: key facts
Table 11: Lotte Chilsung Beverage Co Ltd: Annual Financial Ratios
Table 12: Lotte Chilsung Beverage Co Ltd: Key Employees
Table 13: Jeju Province Development Co: key facts
Table 14: Jeju Province Development Co: Key Employees
Table 15: PepsiCo Inc: key facts
Table 16: PepsiCo Inc: Annual Financial Ratios
Table 17: PepsiCo Inc: Key Employees
Table 18: PepsiCo Inc: Key Employees Continued
Table 19: PepsiCo Inc: Key Employees Continued
Table 20: Coca-Cola Consolidated Inc.: key facts
Table 21: Coca-Cola Consolidated Inc.: Annual Financial Ratios
Table 22: Coca-Cola Consolidated Inc.: Key Employees
Table 23: South Korea size of population (million), 2017–21
Table 24: South Korea gdp (constant 2005 prices, $ billion), 2017–21
Table 25: South Korea gdp (current prices, $ billion), 2017–21
Table 26: South Korea inflation, 2017–21
Table 27: South Korea consumer price index (absolute), 2017–21
Table 28: South Korea exchange rate, 2017–21
List of Figures
Figure 1: South Korea soft drinks market value: $ billion, 2016–21
Figure 2: South Korea soft drinks market volume: million liters, 2016–21
Figure 3: South Korea soft drinks market category segmentation: $ billion, 2016-2021
Figure 4: South Korea soft drinks market geography segmentation: % share, by value, 2021
Figure 5: South Korea soft drinks market distribution: % share, by value, 2021
Figure 6: South Korea soft drinks market value forecast: $ billion, 2021–26
Figure 7: South Korea soft drinks market volume forecast: million liters, 2021–26
Figure 8: Forces driving competition in the soft drinks market in South Korea, 2021
Figure 9: Drivers of buyer power in the soft drinks market in South Korea, 2021
Figure 10: Drivers of supplier power in the soft drinks market in South Korea, 2021
Figure 11: Factors influencing the likelihood of new entrants in the soft drinks market in South Korea, 2021
Figure 12: Factors influencing the threat of substitutes in the soft drinks market in South Korea, 2021
Figure 13: Drivers of degree of rivalry in the soft drinks market in South Korea, 2021
Figure 14: South Korea soft drinks market share: % share, by value, 2021
