"Bringing Your Own Alcohol"... Rising Preference for 'Corkage-Free' Amid High Inflation
Embrain Trend Monitor Survey
72.4% "Willing to Visit Corkage-Free Restaurants"
As the burden of alcohol prices grows in the era of high inflation, more than 7 out of 10 adults expressed willingness to visit restaurants offering 'corkage free' services.
On the 30th, market research firm Embrain Trend Monitor conducted a survey (with multiple responses allowed) on alcohol consumption patterns and corkage free services among 1,000 adults. The results showed that 72.4% of respondents were willing to visit restaurants that provide corkage free services.
Corkage is a shortened term for Cork charge, a service where customers bring their own alcohol and the restaurant provides glasses and other utensils. Corkage free means being able to drink the brought-in alcohol without any additional fees. Although only 27.8% of respondents had used corkage free services, reflecting a somewhat low usage rate, 67.4% said they would choose a restaurant offering corkage free if the menu was similar, showing a positive perception of corkage free services amid ongoing high inflation.
However, as the burden of alcohol costs decreases, some respondents expressed concerns such as "I think I will spend more on meals (58.0%)" or "The food prices might be higher (57.9%)." Meanwhile, when using corkage free services, many respondents reported mainly drinking relatively expensive alcohol such as wine (69.8%) and spirits (47.0%).
The increased preference for corkage free services is interpreted as a result of many consumers feeling the overall rise in dining-out prices, including alcohol. Recent responses indicating that the price increases of soju and beer are noticeable were 90.7% and 89.7%, respectively, showing that most consumers feel burdened by alcohol prices.
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The rise in alcohol prices is also affecting drinking culture. The response "It has become burdensome to pay for drinks at drinking gatherings" was high at 70.9%, and more than half of respondents also said "I often drink moderately and stop (66.0%)" and "There has been an increase in splitting the bill for drinks (50.6%)." As the burden of alcohol costs grows, the places and ways of enjoying drinking are also changing. 65.9% of respondents said "I buy alcohol more often at convenience stores and marts," and 53.7% reported that "the frequency of drinking at home has increased."
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