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Luxury Portable Consumer Electronics in South Korea

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    Report

  • 20 Pages
  • January 2021
  • Region: South Korea
  • Euromonitor International
  • ID: 4015346
Luxury wearables is the major category of luxury portable consumer electronics, as most luxury mobile brands have retreated from the South Korean market. The luxury wearables category, despite the adverse impact arising from the pandemic, is demonstrating early recovery compared with other countries around the world. Although the category saw a decline in its performance in 2020, this nonetheless remained positive.

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

Product coverage: Luxury Mobile Phones, Luxury Wearables.

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 Portable Consumer Electronics 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
  • Health factor contributes to continued growth of luxury wearables
  • Category benefits from spending power of more affluent consumers
  • E-commerce channel gains share

RECOVERY AND OPPORTUNITIES
  • Health trend set to boost demand
  • Consumer spending increases as light appears at end of tunnel
  • Growth expected to continue over forecast period

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