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Footwear in South Korea - Market Summary, Competitive Analysis and Forecast to 2025

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    Report

  • 41 Pages
  • July 2021
  • Region: South Korea
  • MarketLine
  • ID: 5322779
The Footwear in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights


  • The footwear market consists of the total revenues generated through the sale of all types of men's, women's and children's shoes. It includes all footwear categories for men, women, boys and girls, but excludes sports-specific footwear. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
  • The South Korean footwear market had total revenues of $5.9bn in 2020, representing a compound annual rate of change (CARC) of -4.5% between 2016 and 2020.
  • The women's footwear segment was the market's most valuable in 2020, with total revenues of $3.1bn, equivalent to 52.1% of the market's overall value.
  • The Covid-19 pandemic had severe social and economic consequences during 2020 which caused consumers to spend less on consumer goods including footwear.

Scope


  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the footwear market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the footwear market in South Korea
  • Leading company profiles reveal details of key footwear market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea footwear market with five year forecasts

Reasons to Buy


  • What was the size of the South Korea footwear market by value in 2020?
  • What will be the size of the South Korea footwear market in 2025?
  • What factors are affecting the strength of competition in the South Korea footwear market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's footwear market?
Frequently Asked Questions about the South Korean Footwear Market

What is the estimated value of the South Korean Footwear Market?

The South Korean Footwear Market was estimated to be valued at $5.92 Billion in 2020.

What is the growth rate of the South Korean Footwear Market?

The growth rate of the South Korean Footwear Market is 8.1%, with an estimated value of $8.76 Billion by 2025.

What is the forecasted size of the South Korean Footwear Market?

The South Korean Footwear Market is estimated to be worth $8.76 Billion by 2025.

Who are the key companies in the South Korean Footwear Market?

Key companies in the South Korean Footwear Market include ABC, MART, Inc., adidas AG and NIKE Inc.

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. what strategies to leading players follow?
7.3. How have online retailers affected traditional brick and mortar stores?
7.4. How has sustainability influenced leading players?
7.5. What impact has Covid-19 had on leading players?
8 Company Profiles
8.1. ABC-MART, Inc.
8.2. adidas AG
8.3. NIKE Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: South Korea footwear market value: $ million, 2016-20
Table 2: South Korea footwear market category segmentation: $ million, 2020
Table 3: South Korea footwear market geography segmentation: $ million, 2020
Table 4: South Korea footwear market distribution: % share, by value, 2020
Table 5: South Korea footwear market value forecast: $ million, 2020-25
Table 6: ABC-MART, Inc.: key facts
Table 7: ABC-MART, Inc.: Annual Financial Ratios
Table 8: ABC-MART, Inc.: Key Employees
Table 9: adidas AG: key facts
Table 10: adidas AG: Annual Financial Ratios
Table 11: adidas AG: Key Employees
Table 12: NIKE Inc: key facts
Table 13: NIKE Inc: Annual Financial Ratios
Table 14: NIKE Inc: Key Employees
Table 15: NIKE Inc: Key Employees Continued
Table 16: South Korea size of population (million), 2016-20
Table 17: South Korea GDP (constant 2005 prices, $ billion), 2016-20
Table 18: South Korea GDP (current prices, $ billion), 2016-20
Table 19: South Korea inflation, 2016-20
Table 20: South Korea consumer price index (absolute), 2016-20
Table 21: South Korea exchange rate, 2016-20
List of Figures
Figure 1: South Korea footwear market value: $ million, 2016-20
Figure 2: South Korea footwear market category segmentation: % share, by value, 2020
Figure 3: South Korea footwear market geography segmentation: % share, by value, 2020
Figure 4: South Korea footwear market distribution: % share, by value, 2020
Figure 5: South Korea footwear market value forecast: $ million, 2020-25
Figure 6: Forces driving competition in the footwear market in South Korea, 2020
Figure 7: Drivers of buyer power in the footwear market in South Korea, 2020
Figure 8: Drivers of supplier power in the footwear market in South Korea, 2020
Figure 9: Factors influencing the likelihood of new entrants in the footwear market in South Korea, 2020
Figure 10: Factors influencing the threat of substitutes in the footwear market in South Korea, 2020
Figure 11: Drivers of degree of rivalry in the footwear market in South Korea, 2020

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ABC-MART, Inc.
  • adidas AG
  • NIKE Inc