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Personal Luxury in South Korea

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    Report

  • 24 Pages
  • July 2022
  • Region: South Korea
  • Euromonitor International
  • ID: 4968479
Designer apparel and footwear determines whether a customer is a “true” VIP. For instance, luxury brands do not necessarily consider customers who purchase luxury leather goods to be “true” VIPs. Luxury leather goods are something that many consumers purchase, and the trends in such products do not change like they do in apparel and footwear. Apparel and footwear, on the other hand, has seasonal trends and is hard to access, considering the high prices. Customers who purchase notable amounts of...

The Personal Luxury in South Korea report offers a comprehensive guide to the size and shape of the Personal Luxury 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 Personal Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Timepieces, Luxury Wearables Electronics, 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 Personal Luxury 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

PERSONAL LUXURY IN SOUTH KOREA

KEY DATA FINDINGS

2022 DEVELOPMENTS
  • Designer apparel and footwear (ready-to-wear)
  • Luxury eyewear
  • Luxury jewellery
  • Luxury leather goods
  • Luxury wearables
  • Luxury timepieces
  • Luxury writing instruments and stationery
  • Super premium beauty and personal care
PROSPECTS AND OPPORTUNITIES
  • Purchasing limits will lead consumers to turn to other channels
  • Retailers find different ways to attract luxury consumers
  • Competition from high-end non-luxury brands
CATEGORY DATA
  • Table 1 Sales of Personal Luxury by Category: Value 2017-2022
  • Table 2 Sales of Personal Luxury by Category: % Value Growth 2017-2022
  • Table 3 NBO Company Shares of Personal Luxury: % Value 2017-2021
  • Table 4 LBN Brand Shares of Personal Luxury: % Value 2018-2021
  • Table 5 Distribution of Personal Luxury by Format: % Value 2017-2022
  • Table 6 Forecast Sales of Personal Luxury by Category: Value 2022-2027
  • Table 7 Forecast Sales of Personal Luxury by Category: % Value Growth 2022-2027
LUXURY GOODS IN SOUTH KOREA

EXECUTIVE SUMMARY
  • Luxury goods in 2022: The big picture
  • 2022 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?
MARKET DATA
  • Table 8 Sales of Luxury Goods by Category: Value 2017-2022
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2017-2022
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2017-2021
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2018-2021
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2022
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2022-2027
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
DISCLAIMER

SOURCES
  • Summary 1 Research Sources