Although supermarkets saw a second consecutive year of decline in outlet numbers in South Korea in 2023, current value sales maintained low growth. Positioned between convenience stores and hypermarkets, supermarkets leverage their smaller size for improved accessibility compared with their larger counterpart, and offer a diverse range of fresh food and ingredients, surpassing that of convenience stores. Supermarkets capitalise on their intermediate size, providing accessibility similar to conve...
Euromonitor International's Supermarkets 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 Supermarkets 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.
Supermarkets in South Korea
Euromonitor International
April 2024
List Of Contents And Tables
SUPERMARKETS IN SOUTH KOREA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Supermarkets sees a slow increase in value sales in 2023
GS Retail ends its GS Fresh Mall online business
Integration of retail formats to maximise synergies
PROSPECTS AND OPPORTUNITIES
Supermarkets adapting via expansion and renovation
Homeplus Express’s renewal to cater to single-person households
CHANNEL DATA
Table 1 Supermarkets: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Supermarkets: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Supermarkets GBO Company Shares: % Value 2019-2023
Table 4 Supermarkets GBN Brand Shares: % Value 2020-2023