Fine Wines/Champagne and Spirits in South Korea

Fine Wines/Champagne and Spirits in South Korea

Retail value sales of fine wines/champagne and spirits grew by 5% in 2024, set to reach a sales total of KRW855 billion. Sales on the landscape are bolstered by consumers' habits of enjoying a drink with a meal at home or when relaxing, in addition to sales driven by key celebrations, such as weddings and milestone birthdays, which increase consumption of fine champagne and other luxury wines and spirits. In addition, the consumer group for products is expanding in South Korea, with young consum...

Euromonitor International's Fine Wines/Champagne and Spirits in South Korea report offers a comprehensive guide to the size and shape of the Fine Wines/Champagne and Spirits market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Fine Wines/Champagne and Spirits retailing along with the development of consumers’ shopping patterns. Forecasts to 2028 illustrate how the market is set to change

Product coverage: Fine Wines, Luxury Spirits.

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

Why buy this report?
* Get a detailed picture of the Fine Wines/Champagne and Spirits 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.