South Korea’s Coffee Boom Turns Into Survival Game Amid Market Saturation and Rising Costs

SEOUL, Feb. 18 (Korea Bizwire) —  Once a popular and low-barrier entry point for entrepreneurs, South Korea’s café industry is now facing an intense survival challenge due to market oversaturation, rising costs, and regulatory pressures. Despite the industry’s rapid expansion, data shows an alarming rate of closures. According to Statistics Korea, as of 2022, the number [...]