Research Report On: Food and Grocery Retailing in South Korea, Market | Page 2
Summary:
"Food & grocery Retailing in South Korea, Market Shares, Summary and Forecasts to 2022", provides
data for historic and forecast retail sales, and also includes information on the business environment
and country risk related to South Korea retail environment. In addition, it analyzes the key consumer
trends influencing South Korea food & grocery industry.
The sector is forecast to grow at a CAGR of 6.6% between 2017 and 2022, increasing from ?139,653
billion in 2017 to ?191,975.7 billion, driven by rapid urbanization, an increase in spending on food, and
retailers with diverse product lines and a variety of promotions.
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Scope:
- South Korea retail market is forecasted to grow at a CAGR of 5.7% during 2017-2022
- Rapid urbanization to drive packaged food sales in the sector
- Hypermarkets have a dominant share in the food & grocery sector
- Retailers focus on digital platforms to accelerate sales through the channel
- Domestic retailers dominate the food & grocery sector
- E-mart was the largest & fastest-growing player in 2017.
Key Players:
E-mart
GS Retail
Homeplus
Lotte Department Store
7-Eleven
CU
Ministop
Top Mart
CJ Mall
Kaja &Wine
What else does this report offer?
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping,
consumer insights, market dynamics
- The report also details major retailers in food & grocery category group with their product proposition
analysis and market positioning in 2017 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology