Luxury Goods in South Korea

  • ID: 2509889
  • Report
  • Region: South Korea
  • 66 pages
  • Euromonitor International
1 of 3
Luxury goods recorded stable retail value growth in 2017, whilst evolving as a market. Consumers no longer focus heavily on the brand label itself, more on the merits of owning the product. The design aspect has also become more important when selecting a product and the preference for ultimate luxury and niche brands has increased. Gucci achieved healthy growth due to its strong designs and the desire to own an ultimate luxury brand.

The Luxury Goods in South Korea report offers a comprehensive guide to the size and shape of the Luxury Goods 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 Luxury Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2022 illustrate how the market is set to change

Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Fine Wines/Champagne and Spirits, Luxury Cars, Luxury Eyewear, Luxury Hotels (5-star plus), Luxury Jewellery, Luxury Leather Goods, Luxury Portable Consumer Electronics, Luxury Timepieces, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.

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

Why buy this report?
  • Get a detailed picture of the Luxury Goods 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
2 of 3
LUXURY GOODS IN SOUTH KOREA

List of Contents and Tables
  • Executive Summary
  • Luxury Goods Records Growth, Attracting Further Interest From Manufacturers
  • Expanding Consumer Base Drives Growth of Luxury Goods
  • Luxury Car Manufacturers Dominate Luxury Goods
  • Mixed Retailers Remains the Main Retailing Channel in Luxury Goods, While Internet Retailing Is Developing
  • Potential for Growth of Luxury Goods in the Forecast Period
  • Market Indicators
  • Table 1 Number of High Net Worth Individuals (HNWI): 2012-2017
  • Market Data
  • Table 2 Sales of Luxury Goods by Category: Value 2012-2017
  • Table 3 Sales of Luxury Goods by Category: % Value Growth 2012-2017
  • Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
  • Table 5 NBO Company Shares of Luxury Goods: % Value 2012-2016
  • Table 6 LBN Brand Shares of Luxury Goods: % Value 2013-2016
  • Table 7 Distribution of Luxury Goods by Format and Category: % Value 2017
  • Table 8 Forecast Sales of Luxury Goods by Category: Value 2017-2022
  • Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022
  • Sources
  • Summary 1 Research Sources
  • Headlines
  • Prospects
  • Designer Apparel and Footwear (ready-to-wear) To Record Healthy Growth, Supported by Domestic Consumers
  • Athleisure To Develop
  • Manufacturers Support Growth by Offering Vip Services To Customer
  • Competitive Landscape
  • Entry Level Luxury Brands Or Specific Products Within Ultimate Luxury Brands Are Popular
  • Luxury Leather Goods Brands Enter the Category
  • Brands Enjoy Fluctuating Popularity Each Year and Season, Depending on New Designs and Fashions
  • Category Data
  • Table 10 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2012-2017
  • Table 11 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2012-2017
  • Table 12 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2012-2016
  • Table 13 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2013-2016
  • Table 14 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2012-2017
  • Table 15 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2017-2022
  • Table 16 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2017-2022
  • Headlines
  • Prospects
  • Fine Wines/champagne Less Popular Among Mass Consumers
  • Retailers Key To Future Growth Potential
  • Corporate Importers and Retailers Characterise the Category
  • Competitive Landscape
  • Fine Wines/champagne and Spirits Is Highly Fragmented
  • Younger Vintages Most Popular
  • Brands Continue To Focus on the Duty-free Channel
  • Category Data
  • Table 17 Sales of Fine Wines/Champagne and Spirits by Category: Value 2012-2017
  • Table 18 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2012-2017
  • Table 19 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2012-2016
  • Table 20 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2013-2016
  • Table 21 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2012-2017
  • Table 22 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022
  • Table 23 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022
  • Headlines
  • Prospects
  • Electric Cars Remain Underdeveloped But See Noticeable Progress
  • Government Plans To Increase Charging Stations
  • Consumers Consider Many Factors When Choosing Luxury Cars
  • Competitive Landscape
  • International Manufacturers Retain Their High Pricing and Limited Retailing Strategy
  • Consumers Stick With Popular Models
  • Growth Driven by Young Consumers
  • Category Data
  • Table 24 Sales of Luxury Cars: Value 2012-2017
  • Table 25 Sales of Luxury Cars: % Value Growth 2012-2017
  • Table 26 NBO Company Shares of Luxury Cars: % Value 2012-2016
  • Table 27 LBN Brand Shares of Luxury Cars: % Value 2013-2016
  • Table 28 Forecast Sales of Luxury Cars: Value 2017-2022
  • Table 29 Forecast Sales of Luxury Cars: % Value Growth 2017-2022
  • Headlines
  • Prospects
  • Bold Designs Popular
  • High Dependence on Duty Free Channel A Threat
  • Consumers Set Their Eyes on Domestic Brands Offering Affordable Luxury
  • Competitive Landscape
  • the Dominance of Leading Manufacturers Weakens
  • Brands Compete To Develop Luxury Eyewear
  • Category Data
  • Table 30 Sales of Luxury Eyewear by Category: Value 2012-2017
  • Table 31 Sales of Luxury Eyewear by Category: % Value Growth 2012-2017
  • Table 32 NBO Company Shares of Luxury Eyewear: % Value 2012-2016
  • Table 33 LBN Brand Shares of Luxury Eyewear: % Value 2013-2016
  • Table 34 Distribution of Luxury Eyewear by Format: % Value 2012-2017
  • Table 35 Forecast Sales of Luxury Eyewear by Category: Value 2017-2022
  • Table 36 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2017-2022
  • Headlines
  • Prospects
  • Luxury Hotels Try To Differentiate From Non-luxury 5-star Hotels
  • Luxury Hotels (5-star Plus) Largely Limited To Seoul
  • Reliance on Tourists Has A Negative Impact, Forcing Luxury Hotels To Concentrate More on Domestic Customers
  • Competitive Landscape
  • Mega Brands Enter the Domestic Market
"ho-cances" Kick-in To Support Luxury Hotels
  • Category Data
  • Table 37 Sales in Luxury Hotels (5-star plus): Value 2012-2017
  • Table 38 Sales in Luxury Hotels (5-star plus): % Value Growth 2012-2017
  • Table 39 Sales in Luxury Hotels (5-star plus) by Country of Origin: % Value 2013-2017
  • Table 40 NBO Company Shares of Luxury Hotels (5-star plus): % Value 2012-2016
  • Table 41 LBN Brand Shares of Luxury Hotels (5-star plus): % Value 2013-2016
  • Table 42 Forecast Sales in Luxury Hotels (5-star plus): Value 2017-2022
  • Table 43 Forecast Sales in Luxury Hotels (5-star plus): % Value Growth 2017-2022
  • Headlines
  • Prospects
  • Consumer Behaviour Works in Favour of Non-luxury Jewellery Brands
  • Strong Branding Required
  • Retailing Remains Highly Concentrated Among Mixed Retailers, While Internet Retailing Slowly Develops
  • Competitive Landscape
  • Competitive Landscape Is Becoming Complicated in Luxury Jewellery
  • Consumer Base Widens, Creating Room for Potential Growth in the Forecast Period
  • Category Data
  • Table 44 Sales of Luxury Jewellery by Category: Value 2012-2017
  • Table 45 Sales of Luxury Jewellery by Category: % Value Growth 2012-2017
  • Table 46 NBO Company Shares of Luxury Jewellery: % Value 2012-2016
  • Table 47 LBN Brand Shares of Luxury Jewellery: % Value 2013-2016
  • Table 48 Distribution of Luxury Jewellery by Format: % Value 2012-2017
  • Table 49 Forecast Sales of Luxury Jewellery by Category: Value 2017-2022
  • Table 50 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2017-2022
  • Headlines
  • Prospects
  • Pricing An Important Factor in Maintaining Brand Position
  • the Desire To Own Luxury Leather Goods Is Strong in South Korea
  • Strong Grey Market
  • Competitive Landscape
  • Luxury Leather Goods Dominated by International Brands
  • Chanel Increases Prices Again
  • Counterfeits Remain A Threat To Most Luxury Brands
  • Category Data
  • Table 51 Sales of Luxury Leather Goods: Value 2012-2017
  • Table 52 Sales of Luxury Leather Goods: % Value Growth 2012-2017
  • Table 53 NBO Company Shares of Luxury Leather Goods: % Value 2012-2016
  • Table 54 LBN Brand Shares of Luxury Leather Goods: % Value 2013-2016
  • Table 55 Distribution of Luxury Leather Goods by Format: % Value 2012-2017
  • Table 56 Forecast Sales of Luxury Leather Goods: Value 2017-2022
  • Table 57 Forecast Sales of Luxury Leather Goods: % Value Growth 2017-2022
  • Prospects
  • Headlines
  • Prospects
  • Consumer-driven Trends Noticeable in Luxury Timepieces
  • Female Consumers Start To Show An Interest
  • Luxury Timepieces Continue To Be Purchased by Inbound Tourists
  • Competitive Landscape
  • Timepiece Specialist Brands Perform Well
  • Brands Aiming for Luxury-casual Thrive
  • Category Data
  • Table 58 Sales of Luxury Timepieces by Category: Value 2012-2017
  • Table 59 Sales of Luxury Timepieces by Category: % Value Growth 2012-2017
  • Table 60 NBO Company Shares of Luxury Timepieces: % Value 2012-2016
  • Table 61 LBN Brand Shares of Luxury Timepieces: % Value 2013-2016
  • Table 62 Distribution of Luxury Timepieces by Format: % Value 2012-2017
  • Table 63 Forecast Sales of Luxury Timepieces by Category: Value 2017-2022
  • Table 64 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2017-2022
  • Headlines
  • Prospects
  • Luxury Writing Instruments Face Limited But Stable Growth
  • Small Consumer Base Leads To Limited Promotion by Manufacturers
  • Competitive Landscape
  • International Brands Continue To Dominate Luxury Writing Instruments and Stationery
  • Category Data
  • Table 65 Sales of Luxury Writing Instruments and Stationery: Value 2012-2017
  • Table 66 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2012-2017
  • Table 67 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2012-2016
  • Table 68 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2013-2016
  • Table 69 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2012-2017
  • Table 70 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2017-2022
  • Table 71 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2017-2022
  • Headlines
  • Prospects
  • Duty-free A Leading Channel in Super Premium Beauty and Personal Care
  • Due To the K-beauty Boom, Super Premium Beauty and Personal Care To Record Limited Growth
  • Celebrity Marketing Needs To Ensure the Ambassadors Actually Use the Product
  • Competitive Landscape
  • Domestic Non-super Premium Brands Set the Mainstream Trend
  • Distribution A Key Part of the Strategy
  • Category Data
  • Table 72 Sales of Super Premium Beauty and Personal Care by Category: Value 2012-2017
  • Table 73 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2012-2017
  • Table 74 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2012-2016
  • Table 75 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2013-2016
  • Table 76 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2012-2017
  • Table 77 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2017-2022
  • Table 78 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2017-2022
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
Note: Product cover images may vary from those shown
Adroll
adroll