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Luxury Jewellery in South Korea

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    Report

  • 21 Pages
  • January 2021
  • Region: South Korea
  • Euromonitor International
  • ID: 4015336
Despite COVID-19, the luxury jewellery category continued to demonstrate positive growth in 2020, albeit much lower than that seen in 2019. This overall performance was underpinned by women’s luxury fine jewellery. The desire to own small luxury items was maintained despite COVID-19, with Gucci and Hermes witnessing strong increases in demand for costume jewellery towards the end of the review period.

The Luxury Jewellery in South Korea report offers a comprehensive guide to the size and shape of the Luxury Jewellery 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 Jewellery retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Luxury Costume Jewellery, Luxury 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 Luxury 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.

Table of Contents

KEY DATA FINDINGS
2020 IMPACT
  • Women’s luxury fine jewellery underpins category’s positive performance
  • Department stores remain dominant in luxury jewellery distribution
  • Wedding cancellations impact demand for luxury jewellery

RECOVERY AND OPPORTUNITIES
  • Pent-up demand set to boost performance over forecast period
  • Men’s luxury fine jewellery to return to growth
  • Pent-up demand set to boost performance

CATEGORY DATA
  • Table 1 Sales of Luxury Jewellery by Category: Value 2015-2020
  • Table 2 Sales of Luxury Jewellery by Category: % Value Growth 2015-2020
  • Table 3 NBO Company Shares of Luxury Jewellery: % Value 2015-2019
  • Table 4 LBN Brand Shares of Luxury Jewellery: % Value 2016-2019
  • Table 5 Distribution of Luxury Jewellery by Format: % Value 2015-2020
  • Table 6 Forecast Sales of Luxury Jewellery by Category: Value 2020-2025
  • Table 7 Forecast Sales of Luxury Jewellery 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