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 Beverages market in South Korea
The South Korean Other Beverages eCommerce market is predicted to reach US$43.9 million by 2023 and accounts for 0.7% of the Beverages 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 6.1%, resulting in a projected market volume of US$55.6 million by 2027. The Other Beverages eCommerce market is a sub-market of the Beverages market. Further categories within the Beverages market are: Alcoholic Drinks, Hot Drinks, and Non-Alcoholic Drinks.
eCommerce revenue development in the Other Beverages market in South Korea
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 87.3 | 52.3 | 37.5 | 9.0 | 29.5 | 36.4 | 65.2 | 84.4 |
| AOV (in US$) | 93.5 | 38.1 | 98.2 | 69.7 | 71.3 | 7.7 | 22.4 | 71.1 |
| CVR (in %) | 87.3 | 52.3 | 37.5 | 9.0 | 29.5 | 36.4 | 65.2 | 84.4 |
Market definition
Definition of the Other Beverages market within the Food & Personal Care market
Market definition: Food & Personal Care > Food & Beverages > Beverages > Other Beverages The category Other Beverages includes the online sale of beverages other than those included in Alcoholic Drinks, Hot Drinks, and Non-Alcoholic Drinks. This market segment covers, among others, the sale of powdered drink mixes and vinegar drinks. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Powdered drink mixes
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- Other Spreads & Sweeteners *
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