South Korea Still Drinks (Soft Drinks) Market Size, Growth and Forecast Analytics to 2026
Summary
South Korea Still Drinks (Soft Drinks) Market Size, Growth and Forecast Analytics to 2026 is a broad level market review of Still Drinks market in South Korea.
Flavored ready to drink, non-carbonated products, which may be fruit or non-fruit flavored and have a juice content of 0-24.9%. Sugar, artificial flavoring and coloring may be added. Also includes coconut water where the product is not 100% pure coconut water and juice content percentage is below 25%. 100% pure coconut water products are included in the juice category.
Excludes non-carbonated tea-based and coffee-based products (included in iced/rtd tea drinks and iced/rtd coffee drinks respectively) and non-carbonated sports drinks and energy drinks. Also excludes sweetened non-carbonated water-based flavored beverages.
Still Drinks market in South Korea registered a negative compound annual growth rate (CAGR) of -4.97% during the period 2016 to 2021 with a sales value of KRW 719,242.13 Million in 2021, a decrease of -13.92% over 2020. The market growth rates were negative across all the years during the review period, the market has registered its lowest decline in 2018, when it decreased by -0.48% over its previous year .
The research handbook provides up-to-date market size data for period 2016-2021 and illustrative forecast to 2026 premised on Covid-19 hit, covering key market aspects like Sales Value and Volume for Still Drinks and its variants .
Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2018 to 2021 and overall market sales by Distribution Channel (Dollar Stores, Variety Store & General Merchandise Retailers, Cash & Carries and Warehouse Clubs, Convenience Stores & Gas Stations, Department Stores, Drug Stores & Pharmacies, Chemists/Pharmacies, Parapharmacies/Drugstores, eRetailers, Food & Drinks Specialists, Health & Beauty Stores, Hypermarkets & Supermarkets, Direct Sellers, Others, On Trade, Vending Machines, Other Specialist Retailers, Tobacco Specialists) where ever applicable.
Due to on going large scale uncertainties in the market due to COVID-19 pandemic, the research handbook acts as an essential tool for companies active or planning to venture in to South Korea's Still Drinks (Soft Drinks) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Liters.
*Note:Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data.
Scope
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