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Apparel Retail in South Korea - Industry and Country Analysis
Datamonitor, July 2011, Pages: 63
Project Synopsis:
Apparel Retail in South Korea – Industry and Country Analysis provides five forces Industry analysis, along with PESTLE country analysis of South Korea. This report concludes with profiles of the leading companies in the Korean apparel retail market.
Project Description:
Includes market value/volume, geographical segmentation, and five forces (buyer power, supplier power, new entrants, substitutes, and rivalry) analysis of the Apparel Retail Industry in South Korea. The PESTLE analysis section analyzes the current challenges, future prospects and risks across political, economic, social, technological, legal and environmental areas of the country.
Scope:
- Contains data on market value, volume and/or segmentation for Apparel Retail in South Korea
- Incorporates in-depth five forces competitive environment analysis
- analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of South Korea
- The leading companies are identified with supporting key financial metrics (where available)
Market Definition:
The apparel retail industry consists of the sale of all menswear, womenswear and childrenswear. The menswear market includes men’s activewear, casual wear, essentials, formalwear, formalwear-occasion and outerwear. The womenswear market includes women's activewear, casual wear, essentials, formalwear, formalwear-occasion and outerwear. The childrenswear market includes baby clothing, boys activewear, boys casual wear, boys essentials, boys formalwear, boys formalwear-occasion, boys outerwear, girls activewear, girls casual wear, girls essentials, girls formalwear-occasion, girls outerwear and toddler clothing. The industry value is calculated at retail selling price (RSP), and includes all taxes and levies. All currency conversions used in this report have been calculated at constant 2009 annual average exchange rates.
Highlights:
The South Korean apparel retail industry had total revenue of $15,187.7 million in 2009, representing a compound annual growth rate (CAGR) of 3.9% for the period spanning 2005-2009.
Sales of womenswear proved the most lucrative for the South Korean apparel retail industry in 2009, with total revenues of $7,286.2 million, equivalent to 48% of the market's overall value.
The performance of the industry is forecast to decelerate, with an anticipated CAGR of 2.6% for the five-year period 2009-2014, which is expected to drive the industry to a value of $17,291.8 million by the end of 2014.
Reasons to purchase:
- Spot future trends and developments
- Inform your business decisions
- Add weight to presentations and marketing materials
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