Vending in South Korea

April 2024
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Overview:

Understand the latest market trends and future growth opportunities for the Vending industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Vending industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Vending in South Korea report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Vending in South Korea?
  • Which are the leading retailers in Vending in South Korea?
  • How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
  • How has the impact of COVID-19 and national lockdown impacted consumer demand?
  • Which formats have benefited the most from stockpiling and enforced home seclusion?
  • How will the wider economic impact of COVID-19 shape the retail landscape in the future?
  • Where is future growth expected to be most dynamic?
Download Table of Contents

Vending in South Korea - Category analysis

KEY DATA FINDINGS

Surge in vending value sales due to increased outdoor activities
Rise of gold vending machines in South Korea
Vending of alcoholic drinks
Legalisation of sales of meat in outdoor vending machines
Table 1 Vending by Product: Value 2018-2023
Table 2 Vending by Product: % Value Growth 2018-2023
Table 3 Vending GBO Company Shares: % Value 2019-2023
Table 4 Vending GBN Brand Shares: % Value 2020-2023
Table 5 Vending Forecasts by Product: Value 2023-2028
Table 6 Vending Forecasts by Product: % Value Growth 2023-2028

Retail in South Korea - Industry Overview

Retail in 2023: The big picture
Omnichannel strategies drive strong performances
Demographic impact on retail in South Korea
What next for retail?
Informal retail
Opening hours for physical retail
Summary 1 Standard Opening Hours by Channel Type 2023
Seasonality
Summer Sale
Black Friday / Korea Sale Festa
Table 7 Sales in Retail by Retail Offline vs Retail E-Commerce: Value 2018-2023
Table 8 Sales in Retail by Retail Offline vs Retail E-Commerce: % Value Growth 2018-2023
Table 9 Sales in Retail Offline by Channel: Value 2018-2023
Table 10 Sales in Retail Offline by Channel: % Value Growth 2018-2023
Table 11 Retail Offline Outlets by Channel: Units 2018-2023
Table 12 Retail Offline Outlets by Channel: % Unit Growth 2018-2023
Table 13 Sales in Retail E-Commerce by Product: Value 2018-2023
Table 14 Sales in Retail E-Commerce by Product: % Value Growth 2018-2023
Table 15 Grocery Retailers: Value Sales, Outlets and Selling Space 2018-2023
Table 16 Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 17 Sales in Grocery Retailers by Channel: Value 2018-2023
Table 18 Sales in Grocery Retailers by Channel: % Value Growth 2018-2023
Table 19 Grocery Retailers Outlets by Channel: Units 2018-2023
Table 20 Grocery Retailers Outlets by Channel: % Unit Growth 2018-2023
Table 21 Non-Grocery Retailers: Value Sales, Outlets and Selling Space 2018-2023
Table 22 Non-Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 23 Sales in Non-Grocery Retailers by Channel: Value 2018-2023
Table 24 Sales in Non-Grocery Retailers by Channel: % Value Growth 2018-2023
Table 25 Non-Grocery Retailers Outlets by Channel: Units 2018-2023
Table 26 Non-Grocery Retailers Outlets by Channel: % Unit Growth 2018-2023
Table 27 Retail GBO Company Shares: % Value 2019-2023
Table 28 Retail GBN Brand Shares: % Value 2020-2023
Table 29 Retail Offline GBO Company Shares: % Value 2019-2023
Table 30 Retail Offline GBN Brand Shares: % Value 2020-2023
Table 31 Retail Offline LBN Brand Shares: Outlets 2020-2023
Table 32 Retail E-Commerce GBO Company Shares: % Value 2019-2023
Table 33 Retail E-Commerce GBN Brand Shares: % Value 2020-2023
Table 34 Grocery Retailers GBO Company Shares: % Value 2019-2023
Table 35 Grocery Retailers GBN Brand Shares: % Value 2020-2023
Table 36 Grocery Retailers LBN Brand Shares: Outlets 2020-2023
Table 37 Non-Grocery Retailers GBO Company Shares: % Value 2019-2023
Table 38 Non-Grocery Retailers GBN Brand Shares: % Value 2020-2023
Table 39 Non-Grocery Retailers LBN Brand Shares: Outlets 2020-2023
Table 40 Forecast Sales in Retail by Retail Offline vs Retail E-Commerce: Value 2023-2028
Table 41 Forecast Sales in Retail by Retail Offline vs Retail E-Commerce: % Value Growth 2023-2028
Table 42 Forecast Sales in Retail Offline by Channel: Value 2023-2028
Table 43 Forecast Sales in Retail Offline by Channel: % Value Growth 2023-2028
Table 44 Forecast Retail Offline Outlets by Channel: Units 2023-2028
Table 45 Forecast Retail Offline Outlets by Channel: % Unit Growth 2023-2028
Table 46 Forecast Sales in Retail E-Commerce by Product: Value 2023-2028
Table 47 Forecast Sales in Retail E-Commerce by Product: % Value Growth 2023-2028
Table 48 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2023-2028
Table 49 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2023-2028
Table 50 Forecast Sales in Grocery Retailers by Channel: Value 2023-2028
Table 51 Forecast Sales in Grocery Retailers by Channel: % Value Growth 2023-2028
Table 52 Forecast Grocery Retailers Outlets by Channel: Units 2023-2028
Table 53 Forecast Grocery Retailers Outlets by Channel: % Unit Growth 2023-2028
Table 54 Non-Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2023-2028
Table 55 Non-Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2023-2028
Table 56 Forecast Sales in Non-Grocery Retailers by Channel: Value 2023-2028
Table 57 Forecast Sales in Non-Grocery Retailers by Channel: % Value Growth 2023-2028
Table 58 Forecast Non-Grocery Retailers Outlets by Channel: Units 2023-2028
Table 59 Forecast Non-Grocery Retailers Outlets by Channel: % Unit Growth 2023-2028

DISCLAIMER

Summary 2 Research Sources

Vending

Vending (automatic merchandising) is the sale of products at an unattended point of sale through a machine operated by introducing coins, bank notes, payment cards, tokens or other means of cashless payment. Sales figures cover vended products only (i.e. food, drink and other consumable goods such as vended tobacco, sanitary products and condoms). Services such as the public telephone, launderette facilities, travel tickets, stamps, passport photographs, domestic energy supplies and business card creation are excluded. Coverage includes vending systems installed in public and semi-captive environments only. Hotels, transport networks, recreational centres, shopping centres/malls are included. Factories, offices, hospitals, prisons, schools and other captive environments are excluded.

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This report originates from Passport, our Vending research and analysis database.

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