Soju Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
The global Soju market is expected to grow at a CAGR of 2.4% during the forecast period.
The global Soju market is estimated to be about 3283.6 million US dollars in 2020.
The global Soju market is estimated to reach 3608.3 million USD by 2026.
The global Soju market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Soju market will be able to gain an advantage as they use reports as a powerful resource.
Soju markets by category
Distilled Soju
Diluted Soju
Soju Market by Application (Percentage of Demand)
Below 20 Years Old
20-40 Years Old
40-60 Years Old
Above 60 Years Old
Who are the leading companies in Soju
HiteJinro
Lotte Liquor
Muhak
Kumbokju
C1 Soju
bohae
Chungbuk
Hallasan
Mackiss
Andong
Soju markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Soju.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Soju Revenue and Growth Forecast 2014-2026
2.2 Global Soju Market Size and Growth Forecast 2014-2026
2.3 Global Soju Revenue by Region 2014-2026
2.4 Soju Market Share by Major Regions 2014-2021
2.5 Soju Gross Margin in Different Region 2014-2021
2.6 Global Soju Market History Price and Forecast 2014-2026
2.7 Global Soju Sales Market Share by Top Companies 2014-2021
3 Global Soju Market by Type
3.1 Global Soju Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Soju Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Soju Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Distilled Soju
3.4.2 Diluted Soju
4 Global Soju Market by Application
4.1 Global Soju Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Soju Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Below 20 Years Old
4.3.2 20-40 Years Old
4.3.3 40-60 Years Old
4.3.4 Above 60 Years Old
5 North America Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Soju Value ($) from 2014-2021
5.2 North America Soju Market Size from 2014-2021
5.3 North America Soju Price Change from 2014-2021
5.4 North America Soju Import and Export from 2014-2021
5.5 North America Soju Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Soju Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Soju Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Soju Participants Value ($) and Market Share (%) in 2020
6 Europe Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Soju Value ($) from 2014-2021
6.2 Europe Soju Market Size from 2014-2021
6.3 Europe Soju Price Change from 2014-2021
6.4 Europe Soju Import and Export from 2014-2021
6.5 Europe Soju Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Soju Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Soju Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Soju Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Soju Value ($) from 2014-2021
7.2 Asia-Pacific Soju Market Size from 2014-2021
7.3 Asia-Pacific Soju Price Change from 2014-2021
7.4 Asia-Pacific Soju Import and Export from 2014-2021
7.5 Asia-Pacific Soju Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Soju Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Soju Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Soju Participants Value ($) and Market Share (%) in 2020
8 Latin America Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Soju Value ($) from 2014-2021
8.2 Latin America Soju Market Size from 2014-2021
8.3 Latin America Soju Price Change from 2014-2021
8.4 Latin America Soju Import and Export from 2014-2021
8.5 Latin America Soju Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Soju Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Soju Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Soju Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Soju Value ($) from 2014-2021
9.2 Middle East & Africa Soju Market Size from 2014-2021
9.3 Middle East & Africa Soju Price Change from 2014-2021
9.4 Middle East & Africa Soju Import and Export from 2014-2021
9.5 Middle East & Africa Soju Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Soju Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Soju Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Soju Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 HiteJinro
10.1.1 HiteJinro Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 HiteJinro Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 HiteJinro Value and Growth Change from 2014-2021
10.1.4 HiteJinro Price Change from 2014-2021
10.1.5 HiteJinro Product Offered
10.2 Lotte Liquor
10.2.1 Lotte Liquor Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Lotte Liquor Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Lotte Liquor Value and Growth Change from 2014-2021
10.2.4 Lotte Liquor Price Change from 2014-2021
10.2.5 Lotte Liquor Product Offered
10.3 Muhak
10.3.1 Muhak Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Muhak Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 Muhak Value and Growth Change from 2014-2021
10.3.4 Muhak Price Change from 2014-2021
10.3.5 Muhak Product Offered
10.4 Kumbokju
10.4.1 Kumbokju Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Kumbokju Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 Kumbokju Value and Growth Change from 2014-2021
10.4.4 Kumbokju Price Change from 2014-2021
10.4.5 Kumbokju Product Offered
10.5 C1 Soju
10.5.1 C1 Soju Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 C1 Soju Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 C1 Soju Value and Growth Change from 2014-2021
10.5.4 C1 Soju Price Change from 2014-2021
10.5.5 C1 Soju Product Offered
10.6 bohae
10.6.1 bohae Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 bohae Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 bohae Value and Growth Change from 2014-2021
10.6.4 bohae Price Change from 2014-2021
10.6.5 bohae Product Offered
10.7 Chungbuk
10.7.1 Chungbuk Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Chungbuk Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Chungbuk Value and Growth Change from 2014-2021
10.7.4 Chungbuk Price Change from 2014-2021
10.7.5 Chungbuk Product Offered
10.8 Hallasan
10.8.1 Hallasan Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Hallasan Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Hallasan Value and Growth Change from 2014-2021
10.8.4 Hallasan Price Change from 2014-2021
10.8.5 Hallasan Product Offered
10.9 Mackiss
10.9.1 Mackiss Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Mackiss Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 Mackiss Value and Growth Change from 2014-2021
10.9.4 Mackiss Price Change from 2014-2021
10.9.5 Mackiss Product Offered
10.10 Andong
10.10.1 Andong Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Andong Sales, Value, Gross and Gross Margin from 2014-2021
10.10.3 Andong Value and Growth Change from 2014-2021
10.10.4 Andong Price Change from 2014-2021
10.10.5 Andong Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Soju by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Soju Market from 2020-2026
12.1 Future Forecast of Global Soju Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Soju Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Soju Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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