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Number of Coffee Shops Declines for the First Time: Data
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Number of Coffee Shops Declines for the First Time: Data
Credit: Public domain.The explosive growth of South Korea’s coffee scene may be hitting a wall. According to the data by the Ministry of Interior and Safety 행정안전부, in 2024, the net number of cafes in South Korea (openings minus closings) declined by 1,526 - the first decline in the coffee shop industry since the ministry began tabulating the statistics in 1964.South Korea is one of the most active coffee markets in the world; the country has the…
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