PROSPECTS AND OPPORTUNITIES
Growth potential and limitations of street stalls/kiosks
Street stalls/kiosks, where takeaway and delivery account for the majority of sales in South Korea, is well-positioned for steady growth over the forecast period. This aligns with the broader shift in consumer foodservice, where eat-in is declining while demand for convenient, off-premise dining options continues to rise.
Expectations for trickle-up effect through the frequent emergence of new desserts
While limited-service restaurants and specialist coffee and tea shops sell mainstream snacks, relying on popular options and avoiding risk, single-snack specialist street stalls/kiosks are relatively more aggressive in introducing a diverse range of snacks to the local market.
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Overview:
Understand the latest market trends and future growth opportunities for the Street Stalls/Kiosks industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Street Stalls/Kiosks industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Street Stalls/Kiosks in South Korea report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Street Stalls/Kiosks in South Korea?
- Which are the leading brands in Street Stalls/Kiosks in South Korea?
- How are multinational and local operators competing and expanding in South Korea?
- How are consumer lifestyle trends and eating habits shaping Street Stalls/Kiosks in South Korea?
- How is the Street Stalls/Kiosks industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?
- How significant are health considerations in shaping the future of Street Stalls/Kiosks in South Korea? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Street Stalls/Kiosks in South Korea - Category analysis
KEY DATA FINDINGS
Shifting dessert trends from tanghulu to yoghurt ice cream
Resurgence of traditional street snacks
Rapid changes in street stalls/kiosks due to low start-up costs
Growth potential and limitations of street stalls/kiosks
Expectations for trickle-up effect through the frequent emergence of new desserts
Consumer Foodservice in South Korea - Industry Overview
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
The following categories and subcategories are included:
Street Stalls/Kiosks
- Chained Street Stalls/Kiosks
- Independent Street Stalls/Kiosks
Street Stalls/Kiosks
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
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This report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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