Korea Premium Spirit Market Size & Outlook, 2025-2033

Korea Premium Spirit Market Insights

According to Deep Market Insights analysis, the Korea Premium Spirit Market size was USD 2.08 Billion in 2024 and is projected to reach USD 4.87 Billion by 2033.
The Korea market is projected to grow at a CAGR of 9.77% between 2025 and 2033.
By segment, Whisky And Whiskey emerged as the largest Spirit Type in terms of market size in 2024.
Whisky And Whiskey is anticipated to remain the most attractive Spirit Type segment, recording the fastest growth during the forecast period.

Korea accounted for 1.17% of the global Premium Spirit Market size in 2024.
By 2033, United States is expected to remain the top global market in terms of size.
Within Asia Pacific, China is forecasted to dominate the regional Premium Spirit Market size by 2033.
China will be the fastest-growing market in Asia Pacific, projected to achieve USD 36.6 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 2.08 Billion
Market Size In 2033	USD 4.87 Billion
Largest segment	Whisky And Whiskey
Units	Revenue in USD Billion
CAGR	9.77% (2025-2033)
Segmnetation Covered
Spirit Type	Whisky And Whiskey Vodka Gin Rum Tequila And Mezcal Brandy And Cognac
Price Tier	Premium Super-Premium Ultra-Premium And Luxury
Distribution Channel	On-Trade (Bars, Hotels, Clubs) Off-Trade (Liquor And Modern Retail) Online Alcohol Platforms
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Spirit Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Whisky And Whiskey	XX.x	XX.x	XX.x	0.64	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Vodka	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Gin	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Rum	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Tequila And Mezcal	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Brandy And Cognac	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Price Tier	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Premium	XX.x	XX.x	XX.x	1.08	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Super-Premium	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Ultra-Premium And Luxury	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Distribution Channel	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
On-Trade (Bars, Hotels, Clubs)	XX.x	XX.x	XX.x	1.11	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Off-Trade (Liquor And Modern Retail)	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online Alcohol Platforms	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x