Food & Grocery Retail in South Korea
Food & Grocery Retail in South Korea
Summary
Food & Grocery Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Food & Grocery Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
- The South Korean food & grocery retail market recorded revenues of $119.0 billion in 2023, representing a compound annual growth rate (CAGR) of 0.8% between 2018 and 2023.
- The food segment accounted for the market's largest proportion in 2023, with total revenues of $83.2 billion, equivalent to 70.0% of the market's overall value.
- The South Korean food & grocery retail market is driven by innovative store differentiation strategies, with retailers focusing on creating specialized, experience-oriented shopping environments.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in South Korea
- Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea food & grocery retail market with five year forecasts
- What was the size of the South Korea food & grocery retail market by value in 2023?
- What will be the size of the South Korea food & grocery retail market in 2028?
- What factors are affecting the strength of competition in the South Korea food & grocery retail market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's food & grocery retail market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the strategies of leading players?
7.3. What are the strengths of leading players?
7.4. What are the most recent developments in the market?
8 COMPANY PROFILES
8.1. Lotte Shopping Co., Ltd.
8.2. GS Retail Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the strategies of leading players?
7.3. What are the strengths of leading players?
7.4. What are the most recent developments in the market?
8 COMPANY PROFILES
8.1. Lotte Shopping Co., Ltd.
8.2. GS Retail Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: South Korea food & grocery retail market value: $ million, 2018-23
Table 2: South Korea food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: South Korea food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: South Korea food & grocery retail market geography segmentation: $ million, 2023
Table 5: South Korea food & grocery retail market value forecast: $ million, 2023-28
Table 6: Lotte Shopping Co., Ltd.: key facts
Table 7: Lotte Shopping Co., Ltd.: Annual Financial Ratios
Table 8: Lotte Shopping Co., Ltd.: Key Employees
Table 9: E-MART Co., Ltd. (Byeollaae Branch): key facts
Table 10: GS Retail Co Ltd: key facts
Table 11: GS Retail Co Ltd: Annual Financial Ratios
Table 12: GS Retail Co Ltd: Key Employees
Table 13: South Korea exchange rate, 2018-23
Table 1: South Korea food & grocery retail market value: $ million, 2018-23
Table 2: South Korea food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: South Korea food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: South Korea food & grocery retail market geography segmentation: $ million, 2023
Table 5: South Korea food & grocery retail market value forecast: $ million, 2023-28
Table 6: Lotte Shopping Co., Ltd.: key facts
Table 7: Lotte Shopping Co., Ltd.: Annual Financial Ratios
Table 8: Lotte Shopping Co., Ltd.: Key Employees
Table 9: E-MART Co., Ltd. (Byeollaae Branch): key facts
Table 10: GS Retail Co Ltd: key facts
Table 11: GS Retail Co Ltd: Annual Financial Ratios
Table 12: GS Retail Co Ltd: Key Employees
Table 13: South Korea exchange rate, 2018-23
LIST OF FIGURES
Figure 1: South Korea food & grocery retail market value: $ million, 2018-23
Figure 2: South Korea food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: South Korea food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: South Korea food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in South Korea, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in South Korea, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in South Korea, 2023
Figure 1: South Korea food & grocery retail market value: $ million, 2018-23
Figure 2: South Korea food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: South Korea food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: South Korea food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in South Korea, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in South Korea, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in South Korea, 2023
