Market size coffee industry South Korea 2016-2023

In 2018, the coffee industry market size was at about 6.8 trillion South Korean won. The number is forecasted to reach around 8.6 trillion won in 2023. On average, a South Korean person aged 20 years or older drank around one cup of coffee per day in 2018.

Market size of coffee industry in South Korea from 2016 to 2023

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Sources

Release date

July 2019

Region

South Korea

Survey time period

2016 to 2018

Supplementary notes

*Forecast.
Note: 1,000 South Korean won equal 0.82 U.S. dollars and 0.74 euros (as of August 2019.)

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