Food & Personal Care market in South Korea

The South Korean Food & Personal Care eCommerce market is predicted to reach US$25,823.1 million by 2023 and accounts for 25.4% of the total eCommerce market in South Korea. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 5.5%, resulting in a projected market volume of US$31,951.2 million by 2027. Within the Food & Personal Care market ecommerceDB considers the following two sub-markets: Food & Beverages and Personal Care.

Market development

eCommerce revenue development in the Other Alcoholic Drinks market in South Korea

The South Korean Other Alcoholic Drinks eCommerce market is predicted to reach US$36.5 million by 2023 and accounts for 1.7% of the Alcoholic Drinks eCommerce market in South Korea. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 7.0%, resulting in a projected market volume of US$47.9 million by 2027. The Other Alcoholic Drinks eCommerce market is a sub-market of the Alcoholic Drinks market. Further categories within the Alcoholic Drinks market are: Beer, Cider, Perry & Rice Wine, Spirits, and Wine.

eCommerce revenue development in the Other Alcoholic Drinks market in South Korea

in million US$, in %

Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war

Source: Statista Market Insights, ecommerceDB

2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 47.8 21.2 99.6 23.6 76.4 34.7 4.4 99.4
AOV (in US$) 17.3 97.7 23.9 46.1 44.5 86.1 52.8 48.4
CVR (in %) 47.8 21.2 99.6 23.6 76.4 34.7 4.4 99.4
AOV: Average Order Value CVR: Conversion Rate

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