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Designer Apparel and Footwear (Ready-To-Wear) in South Korea

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    Report

  • 22 Pages
  • January 2021
  • Region: South Korea
  • Euromonitor International
  • ID: 3249737
This category saw a relatively limited impact from COVID-19 in 2020. While value sales did drop into negative growth territory, this was not as severe as the downturns seen elsewhere in the market. However, the category was affected by regulation changes for a limited period. In the second half of the year, Korea Customs Service allowed duty-free shops to retail their stock through local markets, including premium outlets and department stores, until October.

The Designer Apparel and Footwear (Ready-to-Wear) in South Korea report offers a comprehensive guide to the size and shape of the Designer Apparel and Footwear (Ready-to-Wear) market at a national level. It provides the latest retail sales data, 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 and their effects on Designer Apparel and Footwear (Ready-to-Wear) retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Designer Apparel (Ready-to-Wear), Designer 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 Designer Apparel and Footwear (Ready-to-Wear) 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

KEY DATA FINDINGS
2020 IMPACT
  • Impact of COVID-19 limited, duty-free given access to alternative channels
  • Women’s designer footwear only category to demonstrate positive performance
  • Players invest in promotional activities as consumers shift spending priorities

RECOVERY AND OPPORTUNITIES
  • Black market designer apparel and footwear threatens official sales
  • Men’s designer products offer growth potential
  • E-commerce share gain set to continue

CATEGORY DATA
  • Table 1 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2015-2020
  • Table 2 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2015-2020
  • Table 3 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2015-2019
  • Table 4 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2016-2019
  • Table 5 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2015-2020
  • Table 6 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2020-2025
  • Table 7 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2020-2025

EXECUTIVE SUMMARY
  • COVID-19 impact on luxury goods
  • COVID-19 country impact
  • Company response
  • Retailing shift
  • What next for luxury goods?

MARKET INDICATORS
  • Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA
  • Table 9 Sales of Luxury Goods by Category: Value 2015-2020
  • Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
  • Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
  • Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
  • Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
  • Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
  • Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
  • Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

DISCLAIMERGLOBAL MACROECONOMIC ENVIRONMENTGLOBAL INDUSTRY ENVIRONMENT
SOURCES
  • Summary 1 Research Sources