Tea Market in South Korea


Market Overview

According to the latest estimates, the tea market in South Korea is set to achieve an incremental growth of USD 34.4 million, accelerating at a CAGR of almost 2.7% during the forecast period 2024-2029. Health and wellness trends among consumers are driving higher demand for green and herbal teas. The premiumization of tea, with a focus on exceptional quality and unique flavors, is another key trend.

The report provides a comprehensive overview of the South Korea tea industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, packaging, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the tea industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the tea industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The tea market in South Korea is segmented as below:
Product type: black tea, fruit & herbal tea, green tea, instant tea, and others
Packaging: flexible packaging, paper containers, and others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others

The South Korea tea market is segmented on the basis of product type, packaging, and distribution channel. By product type, the tea market in South Korea has been segmented into black tea, fruit & herbal tea, green tea, instant tea, and others. Based upon packaging, the tea market in South Korea is categorized into flexible packaging, paper containers, and others (glass, metal, etc.). On the basis of distribution channel, the tea market in South Korea has been segmented into convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others.


Competitive Landscape

The South Korea tea market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Teazen Co. Ltd., Sempio Foods Company Ltd., Nokchawon Co. Ltd., Lipton Teas and Infusions, KT&G Corporation, Jardin Co. Ltd., Dong Suh Co. Ltd., DAMTUH Co. Ltd., Associated British Foods plc, Amorepacific Corporation.

The report is an indispensable tool for companies and organizations operating in the tea industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the tea market.


Why Buy This Report?

Provide statistical data or estimations for the South Korea tea market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the tea market in South Korea
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the tea market in South Korea looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. South Korea Tea Market – Product Type Analysis
3.1 Black tea
3.2 Fruit & herbal tea
3.3 Green tea
3.4 Instant tea
3.5 Others
4. South Korea Tea Market – Packaging Analysis
4.1 Flexible packaging
4.2 Paper containers
4.3 Others (glass, metal, etc.)
5. South Korea Tea Market – Distribution Channel Analysis
5.1 Convenience stores
5.2 Supermarkets and hypermarkets
5.3 Specialty stores
5.4 Small grocery stores
5.5 E-commerce
5.6 Others
6. Company Profiles
6.1 Teazen Co., Ltd.
6.2 Sempio Foods Company Ltd.
6.3 Nokchawon Co., Ltd.
6.4 Lipton Teas and Infusions
6.5 KT&G Corporation
6.6 Jardin Co., Ltd.
6.7 Dong Suh Co., Ltd.
6.8 DAMTUH Co., Ltd.
6.9 Associated British Foods plc
6.10 Amorepacific Corporation
DISCLAIMER


Companies Mentioned

Teazen Co., Ltd.
Sempio Foods Company Ltd.
Nokchawon Co., Ltd.
Lipton Teas and Infusions
KT&G Corporation
Jardin Co., Ltd.
Dong Suh Co., Ltd.
DAMTUH Co., Ltd.
Associated British Foods plc
Amorepacific Corporation


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