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Confectionery in South Korea

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    Report

  • 34 Pages
  • June 2020
  • Region: South Korea
  • MarketLine
  • ID: 2001572
Confectionery in South Korea

Summary

Confectionery in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The confectionery market consists of the retail sale of chocolate, gum and sugar confectionery products. The chocolate segment consists of all chocolate based products, including boxed chocolates, chocolate countlines, chocolate straightlines, molded bars and novelties. The gum segment consists of all bubble and chewing gum. Moreover, the sugar confectionery segment consists of hard boiled sweets, mints, caramels and toffees, gums and jellies, marshmallows, fudges and medicated throat lozenges. The market is valued according to the retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2019 annual average exchange rates.
  • The South Korean confectionery market had total revenues of $1,260.9m in 2019, representing a compound annual growth rate (CAGR) of 1.2% between 2015 and 2019.
  • Market consumption volumes declined with a compound annual growth rate (CAGR) of -1.1% between 2015 and 2019, to reach a total of 94.9 million kilograms in 2019.
  • Increasing health awareness, especially among the younger population, is influencing consumers to decrease their regular intake of sugar and fat.

Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the confectionery market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the confectionery market in South Korea
  • Leading company profiles reveal details of key confectionery market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea confectionery market with five year forecasts by both value and volume

Reasons to Buy
  • What was the size of the South Korea confectionery market by value in 2019?
  • What will be the size of the South Korea confectionery market in 2024?
  • What factors are affecting the strength of competition in the South Korea confectionery market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in South Korea's confectionery market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume 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. Market share
7.2. Who are the leading market players?
7.3. Which companies have been the most successful in increasing their market shares since 2015?
7.4. Which companies’ market shares have suffered in the last five years?
7.5. What are the most popular brands in the market?
8 Company Profiles
8.1. Lotte Co Ltd
8.2. Crownhaitai Holdings Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Author
List of Tables
Table 1: South Korea confectionery market value: $ million, 2015-19
Table 2: South Korea confectionery market volume: million kilograms, 2015-19
Table 3: South Korea confectionery market category segmentation: $ million, 2019
Table 4: South Korea confectionery market geography segmentation: $ million, 2019
Table 5: South Korea confectionery market distribution: % share, by value, 2019
Table 6: South Korea confectionery market value forecast: $ million, 2019-24
Table 7: South Korea confectionery market volume forecast: million kilograms, 2019-24
Table 8: South Korea confectionery market share: % share, by value, 2019
Table 9: Lotte Co Ltd: key facts
Table 10: Lotte Co Ltd: Key Employees
Table 11: Crownhaitai Holdings Co Ltd: key facts
Table 12: Crownhaitai Holdings Co Ltd: Annual Financial Ratios
Table 13: Crownhaitai Holdings Co Ltd: Key Employees
Table 14: South Korea size of population (million), 2015-19
Table 15: South Korea gdp (constant 2005 prices, $ billion), 2015-19
Table 16: South Korea gdp (current prices, $ billion), 2015-19
Table 17: South Korea inflation, 2015-19
Table 18: South Korea consumer price index (absolute), 2015-19
Table 19: South Korea exchange rate, 2015-19
List of Figures
Figure 1: South Korea confectionery market value: $ million, 2015-19
Figure 2: South Korea confectionery market volume: million kilograms, 2015-19
Figure 3: South Korea confectionery market category segmentation: % share, by value, 2019
Figure 4: South Korea confectionery market geography segmentation: % share, by value, 2019
Figure 5: South Korea confectionery market distribution: % share, by value, 2019
Figure 6: South Korea confectionery market value forecast: $ million, 2019-24
Figure 7: South Korea confectionery market volume forecast: million kilograms, 2019-24
Figure 8: Forces driving competition in the confectionery market in South Korea, 2019
Figure 9: Drivers of buyer power in the confectionery market in South Korea, 2019
Figure 10: Drivers of supplier power in the confectionery market in South Korea, 2019
Figure 11: Factors influencing the likelihood of new entrants in the confectionery market in South Korea, 2019
Figure 12: Factors influencing the threat of substitutes in the confectionery market in South Korea, 2019
Figure 13: Drivers of degree of rivalry in the confectionery market in South Korea, 2019
Figure 14: South Korea confectionery market share: % share, by value, 2019

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Lotte Co Ltd
  • Crownhaitai Holdings Co Ltd