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Bags and Luggage in South Korea

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    Report

  • 19 Pages
  • November 2022
  • Region: South Korea
  • Euromonitor International
  • ID: 2237064
Following the emergence of the pandemic and subsequent severe lockdowns, sales of luggage in South Korea plummeted due to limited potential for travel. As a result, most luggage disappeared from displays in department stores, grocery retailers, and other distribution channels.

The Bags and Luggagein South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2017-2021), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2026 illustrate how the market is set to change.

Product coverage: Bags, Luggage.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Bags and Luggage market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

BAGS AND LUGGAGE IN SOUTH KOREA

KEY DATA FINDINGS

2022 DEVELOPMENTS
  • Sales of luggage notably rise in 2022 as travel restrictions ease
  • Dynamic growth for luxury handbags, driven by leading brands such as Louis Vuitton
  • The downfall of masstige bags and the rise of a new generation

PROSPECTS AND OPPORTUNITIES
  • Pop-up stores in South Korea create excitement and allow brands to expand consumer reach
  • Increasing interest in second-hand, resell and rental of luxury bags
  • Department stores remains most popular distribution channel despite competition from e-commerce

CATEGORY DATA
  • Table 1 Sales of Bags and Luggage by Category: Volume 2017-2022
  • Table 2 Sales of Bags and Luggage by Category: Value 2017-2022
  • Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2017-2022
  • Table 4 Sales of Bags and Luggage by Category: % Value Growth 2017-2022
  • Table 5 Sales of Luggage by Type: % Value 2017-2022
  • Table 6 NBO Company Shares of Bags and Luggage: % Value 2018-2022
  • Table 7 LBN Brand Shares of Bags and Luggage: % Value 2019-2022
  • Table 8 Distribution of Bags and Luggage by Format: % Value 2017-2022
  • Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2022-2027
  • Table 10 Forecast Sales of Bags and Luggage by Category: Value 2022-2027
  • Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2022-2027
  • Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2022-2027

PERSONAL ACCESSORIES IN SOUTH KOREA

EXECUTIVE SUMMARY
  • Personal accessories in 2022: The big picture
  • 2022 key trends
  • Competitive landscape
  • Retailing developments
  • What next for personal accessories?

MARKET DATA
  • Table 13 Sales of Personal Accessories by Category: Volume 2017-2022
  • Table 14 Sales of Personal Accessories by Category: Value 2017-2022
  • Table 15 Sales of Personal Accessories by Category: % Volume Growth 2017-2022
  • Table 16 Sales of Personal Accessories by Category: % Value Growth 2017-2022
  • Table 17 NBO Company Shares of Personal Accessories: % Value 2018-2022
  • Table 18 LBN Brand Shares of Personal Accessories: % Value 2019-2022
  • Table 19 Distribution of Personal Accessories by Format: % Value 2017-2022
  • Table 20 Forecast Sales of Personal Accessories by Category: Volume 2022-2027
  • Table 21 Forecast Sales of Personal Accessories by Category: Value 2022-2027
  • Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2022-2027
  • Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES
  • Summary 1 Research Sources