Discounters in South Korea

The total number of outlets of discounters declined in South Korea in 2024, but despite this, sales increased in current value terms. Store closures were driven by cost-cutting measures, operational efficiency strategies, and market saturation in certain areas. Despite fewer locations, strong demand for value for money products and higher basket sizes per visit contributed to value growth for discounters, and it saw stronger growth than overall grocery retailers. Economic factors, including high...

Euromonitor International's Discounters in South Korea report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Discounters 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.