"Vending in South Korea" is now available at Fast Market Research

Vending has shown a current value decline for several years. In 2015 vending declined by 3%, to reach Won287.5 billion. As convenience stores increased by 16% in current value terms and the number of outlets in convenience stores reached 28,184 in 2015, vending was negatively affected by alternative channels. There are many convenience stores near shopping areas in South Korea. Therefore, consumers do not necessarily have to find a vending machine for beverages, and pay their higher prices.

Industry Prospects

Vending is expected to see a negative value CAGR of 5% at constant 2015 prices during the forecast period. As convenience stores is constantly increasing in terms of number of outlets and value sales, vending will continue to decrease during the forecast period. Also, the growth of specialist coffee shops will affect vending during the forecast period, especially packaged drinks vending.

Full Report Details at
- http://www.fastmr.com/prod/1128038_vending_south_korea.aspx?afid=301

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Vending industry in South Korea with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Vending industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Vending in South Korea market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* Who are the leading retailers in South Korea?
* Is vending being aided by consumers’ desire to eat on the go?
* Are vending operators broadening their product range to drive sales?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

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