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Jewellery in South Korea

  • ID: 2237096
  • Report
  • July 2021
  • Region: South Korea
  • 22 pages
  • Euromonitor International
The decimation of social activities driven by COVID-19 slowed demand for jewellery in 2020 although growth is set to recover in 2021. This will be particularly driven by fine jewellery as leading luxury brands are increasing their retail prices. Moreover, newly wedded couples are trading up in wedding jewellery through savings made on their wedding budget due to the necessity of pared down events and cancelled honeymoons.

The publisher's Jewellery 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 (2016-2020), 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 2025 illustrate how the market is set to change.

Product coverage: Costume Jewellery, Fine Jewellery.

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

Why buy this report?
  • Get a detailed picture of the Jewellery 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.
Note: Product cover images may vary from those shown
JEWELLERY IN SOUTH KOREA

KEY DATA FINDINGS

2021 DEVELOPMENTS
  • Rebound for fine jewellery as newlyweds spend money saved from cancelled honeymoons and pared down events due to ongoing social distancing restrictions
  • Industry players adopt a number of strategies including the launch of an all-male store and e-commerce to reach a younger consumer base
  • Increasing consumer appetite for customised jewellery and luxury items
PROSPECTS AND OPPORTUNITIES
  • Expansion of local players offering customised jewellery to online global platforms
  • The launch of exclusive e-commerce brands extends the consumer base and helps brands mitigate some of their losses from bricks and mortar stores
  • Players become increasingly creative incorporating lab grown diamonds and artificial intelligence into their repertoires in order to appeal to young consumers
CATEGORY DATA
  • Table 1 Sales of Jewellery by Category: Volume 2016-2021
  • Table 2 Sales of Jewellery by Category: Value 2016-2021
  • Table 3 Sales of Jewellery by Category: % Volume Growth 2016-2021
  • Table 4 Sales of Jewellery by Category: % Value Growth 2016-2021
  • Table 5 Sales of Costume Jewellery by Type: % Value 2016-2021
  • Table 6 Sales of Fine Jewellery by Type: % Value 2016-2021
  • Table 7 Sales of Fine Jewellery by Collection: % Value 2016-2021
  • Table 8 Sales of Fine Jewellery by Metal: % Value 2016-2021
  • Table 9 NBO Company Shares of Jewellery: % Value 2016-2020
  • Table 10 LBN Brand Shares of Jewellery: % Value 2017-2020
  • Table 11 Distribution of Jewellery by Format: % Value 2016-2021
  • Table 12 Forecast Sales of Jewellery by Category: Volume 2021-2026
  • Table 13 Forecast Sales of Jewellery by Category: Value 2021-2026
  • Table 14 Forecast Sales of Jewellery by Category: % Volume Growth 2021-2026
  • Table 15 Forecast Sales of Jewellery by Category: % Value Growth 2021-2026
PERSONAL ACCESSORIES IN SOUTH KOREA

EXECUTIVE SUMMARY
  • Personal accessories in 2021: The big picture
  • Key trends in 2021
  • Competitive landscape
  • Retailing developments
  • What next for personal accessories?
MARKET DATA
  • Table 16 Sales of Personal Accessories by Category: Volume 2016-2021
  • Table 17 Sales of Personal Accessories by Category: Value 2016-2021
  • Table 18 Sales of Personal Accessories by Category: % Volume Growth 2016-2021
  • Table 19 Sales of Personal Accessories by Category: % Value Growth 2016-2021
  • Table 20 NBO Company Shares of Personal Accessories: % Value 2016-2020
  • Table 21 LBN Brand Shares of Personal Accessories: % Value 2017-2020
  • Table 22 Distribution of Personal Accessories by Format: % Value 2016-2021
  • Table 23 Forecast Sales of Personal Accessories by Category: Volume 2021-2026
  • Table 24 Forecast Sales of Personal Accessories by Category: Value 2021-2026
  • Table 25 Forecast Sales of Personal Accessories by Category: % Volume Growth 2021-2026
  • Table 26 Forecast Sales of Personal Accessories by Category: % Value Growth 2021-2026
DISCLAIMER

SOURCES
  • Summary 1 Research Sources
Note: Product cover images may vary from those shown
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