Specialist coffee and tea shops in South Korea experienced saturation in 2024. Following a period of rapid outlet expansion and intensified competition, particularly from low-cost specialist coffee shops entering similar locations, sales per store started to decline mid-review period. Despite a marginal improvement in 2024, overall sales per outlet remain significantly lower than pre-pandemic levels, creating a more challenging environment for both chained and independent coffee shops.
Euromonitor International's Cafés/Bars in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Bars/Pubs, Cafés, Chained Cafés/Bars, Independent Cafés/Bars, Juice/Smoothie Bars, Specialist Coffee and Tea Shops.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Cafés/Bars market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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