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Consumer and Market Insights: Spirits Market in South Korea

Consumer and Market Insights: Spirits Market in South Korea


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Executive Summary

A steady economy along with growing domestic consumption will create growth opportunities in the South-Korean Spirits market. Specialty Spirits is the leading category in value terms while the Vodka category is forecast to register the fastest growth during 2015-2019

Key Findings

Of the eight categories analyzed, Vodka will be the fastest growing value category, registering a CAGR of 15.9% during 2015-2019

The Spirits market in South Korea accounted for more than half of the overall Wine & Spirits retail sales during 2011-2014

Bottle is the only container type used for packaging of products in the South Korean Spirits market.

The Whiskey category will gain maximum market share in value terms during 2015-2019

Synopsis

Canadeans Consumer and Market Insights report on the Spirits market in South Korea provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

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

Introduction

Report Scope

Country Context

Macroeconomic indicators-Population and age structure, GDP and Consumer Price Index

Market Overview

Value and volume for the South Korean Spirits market

Historical and forecast consumption in the South Korean Spirits market

Volume of South Korean Spirits market by category

Historical and forecast market value of South Korean Spirits by category

Winners and losers in the South Korean Spirits market

Average category level pricing in the South Korean Spirits market

Segment share of the category and change in market share in the South Korean Spirits market

Retail Landscape and Key Distribution Channels

Leading retailers in the South Korean Wine & Spirits market

Leading distribution channels in the South Korean Spirits market

Leading distribution channels by category in the South Korean Spirits market

Packaging

Spirits market by type of packaging material/container

Spirits market by type of packaging closure/outer

Spirits market by type of packaging, forecasts

Brand Share

Leading brands in the South Korean Spirits market by category

Appendix

Country context

Sector overview

Category data

Segment data

Packaging data

Category definitions

Segment definitions

Channel definitions

Methodology

About Canadean

Figure 1: Macro economic analysis: GDP per capita, Population, CPI (2010-2015), Age Profile (2015)

Figure 2: Market value (KRW, USD) and volume analysis, 2010-2019

Figure 3: Consumers purchase behavior -Trading up/down, 2015

Figure 4: Market volume share analysis by categories, 2015

Figure 5: Growth analysis by category, 2010-2019

Figure 6: Change in market share by category, 2015-2019

Figure 7: Leading distribution channels, Wine & Spirits, 2011-2014

Figure 8: Leading distribution channels by category, 2015

Figure 9: Packaging analysis-key packaging material, type, closure and outer, 2015

Figure 10: Growth in key packaging material, type, closure and outer, 2015-2019

Figure 11: Brand share analysis by categories, 2014Figure 12: Examples -new product development

Table 1: Market value analysis in KRW and USD, 2010-2019

Table 2: Market volume growth analysis, 2010-2019

Table 3: Average prices (KRW and USD) by category, 2015

Table 4: Segment level analysis by category, 2015

Table 5: Leading retailers and store count

Table 6: Leading brands by category, 2014

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Lvmh Moet Hennessy

Pernod Ricard S.A.

Remy Coitreau Group

Beam Suntory Inc.

Mandarine Napoleon

Belvedere Sa

Arrow Liquors Co.

The Coeur De Lion Estate

Bas Armagnac Francis Darroze

Bardinet S.A.S

Bacardi

Limited

Cepp Sa

Cognac Ferrand

Diageo plc

Gabriel Boudier

Magellan Gin

Marie Brizard & Roger Iinternational

Chartreuse-Diffusion

Mast-Jagermeister Se

Gruppo Campari

Lejay Lagoute Sas

Societe Des Produits Marnier

Lapostolle Sa

Lucas BolsB.V.

Distilleerderijen Erven Lucas Bols B.V.

Dan Murphy

Rhum Clement

Trois Rivieres Distillery

Dulky

Herve Damoiseau Bellevue

Domaine La Mauny

La Martiniquaise

LOr Special Drinks S.R.O.

Lillet Freres

Anchor Distilling Company

Calvados Pere Magloire

Destilerias Sierra Unidas S.A. De C.V

Nicholas Enterprises Inc.

Tequilera Corralejo

S.A. De C.V.

Grupo Cuervo

Brown-Forman Corporation

Cedc

Halewood International Limited

Flawless Vodka

Russian Standard Corporation

William Grant & Sons Ltd.

Prestige Wine & Spirits Group

Long John International Ltd.

Kirin Holdings Co Ltd

Irish Distillers Limited

Glen Turner Company Ltd.

The Edrington Group

South Korea, Spirits, Brandy, Gin & Genever, Liqueurs, Rum, Specialty Spirits, Tequila & Mezcal, Vodka, And Whiskey, Armagnac, Cognac, Fruit Brandy, Other Grape Brandy, Bitters, Cream Liqueurs, Fruit Liqueurs, Other Liqueurs, Dark Rum, Light Rum, Other Specialty Spirits, Ouzo, Raki, Rice-based Spirits, Sake, Shochu, Flavored Vodka, Unflavored Vodka, American Whiskey, Canadian Whiskey, Irish Whiskey, Other Whiskey, Scotch Whiskey, Distribution, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Channel Share, Brand Share, Market Share, Packaging, Materials, Containers, Closure, Outer, Volume Share, Value Share


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