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Sportswear in South Korea

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    Report

  • 20 Pages
  • November 2023
  • Region: South Korea
  • Euromonitor International
  • ID: 2622201
In 2023, sportswear continues to post healthy growth, boosted by the full lifting of the mask mandate and consumers’ increasing participation in sports and outdoor activities. Some players stated that their manufacturing facilities struggled to keep up with demand in 2022, and expect such unmet needs to continue to help boost sportswear sales throughout 2023.

The Sportswear in 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 2018-2022 and analysis by distribution format allowing you to identify the sectors driving growth. It identifies the leading companies, leading brands, and offers strategic analysis of key factors influencing the market. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: Sports Apparel, Sports Footwear.

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

Why buy this report?

  • Get a detailed picture of the Sportswear 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

SPORTSWEAR IN SOUTH KOREAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Expansion of outdoor activities and the Gorpcore trend continue to support high sales momentum of outdoor apparel in sportswear
  • Golf apparel loses momentum as local consumers shift to tennis
  • Workwear rises as a new space for expansion among sportswear brands
PROSPECTS AND OPPORTUNITIES
  • Outdoor apparel to remain as a key sales driver for sportswear
  • adidas and Reebok may offer stronger competition to other sportswear brands, driven by new strategic directions
  • “Healthy pleasure” and “digging consumption” trends to drive sales of high-performance sports footwear
CATEGORY DATA
  • Table 1 Sales of Sportswear by Category: Value 2018-2023
  • Table 2 Sales of Sportswear by Category: % Value Growth 2018-2023
  • Table 3 NBO Company Shares of Sportswear: % Value 2019-2023
  • Table 4 LBN Brand Shares of Sportswear: % Value 2020-2023
  • Table 5 Distribution of Sportswear by Format: % Value 2018-2023
  • Table 6 Forecast Sales of Sportswear by Category: Value 2023-2028
  • Table 7 Forecast Sales of Sportswear by Category: % Value Growth 2023-2028
APPAREL AND FOOTWEAR IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Apparel and footwear in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for apparel and footwear?
MARKET DATA
  • Table 8 Sales of Apparel and Footwear by Category: Volume 2018-2023
  • Table 9 Sales of Apparel and Footwear by Category: Value 2018-2023
  • Table 10 Sales of Apparel and Footwear by Category: % Volume Growth 2018-2023
  • Table 11 Sales of Apparel and Footwear by Category: % Value Growth 2018-2023
  • Table 12 NBO Company Shares of Apparel and Footwear: % Value 2019-2023
  • Table 13 LBN Brand Shares of Apparel and Footwear: % Value 2020-2023
  • Table 14 Distribution of Apparel and Footwear by Format: % Value 2018-2023
  • Table 15 Distribution of Apparel and Footwear by Format and Category: % Value 2023
  • Table 16 Forecast Sales of Apparel and Footwear by Category: Volume 2023-2028
  • Table 17 Forecast Sales of Apparel and Footwear by Category: Value 2023-2028
  • Table 18 Forecast Sales of Apparel and Footwear by Category: % Volume Growth 2023-2028
  • Table 19 Forecast Sales of Apparel and Footwear by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources