+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

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

  • ID: 5459281
  • Report
  • August 2021
  • Region: South Korea
  • 49 Pages
  • MarketLine
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

FEATURED COMPANIES

  • Coupang Inc
  • Fast Retailing Co Ltd
  • FILA Holdings Corporation
  • Lotte Shopping Co., Ltd.
  • Samsung C&T Corp
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Apparel Retail 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 apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are 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 apparel retail market had total revenues of $43.3bn in 2020, representing a compound annual growth rate (CAGR) of -3.5% between 2016 and 2020.
  • The womenswear segment was the market’s most lucrative in 2020, with total revenues of $24.7bn, equivalent to 56.9% of the market’s total value.
  • South Korea’s young population has been declining in recent years. This is likely to have hindered growth in the apparel retail market as young people comprise one of the largest groups of fashion consumers, particularly in an emerging trend of fast fashion.

Scope

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

Reasons to Buy

  • What was the size of the South Korea apparel retail market by value in 2020?
  • What will be the size of the South Korea apparel retail market in 2025?
  • What factors are affecting the strength of competition in the South Korea apparel retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's apparel retail market?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Coupang Inc
  • Fast Retailing Co Ltd
  • FILA Holdings Corporation
  • Lotte Shopping Co., Ltd.
  • Samsung C&T Corp
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 do leading players follow?
7.3. What are the strengths of leading players?
7.4. Are any other players having an effect on the market?

8 Company Profiles
8.1. Lotte Shopping Co., Ltd.
8.2. Fast Retailing Co Ltd
8.3. Samsung C&T Corp
8.4. FILA Holdings Corporation
8.5. Coupang 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 apparel retail industry value: $ million, 2016-20
Table 2: South Korea apparel retail industry category segmentation: $ million, 2020
Table 3: South Korea apparel retail industry geography segmentation: $ million, 2020
Table 4: South Korea apparel retail industry distribution: % share, by value, 2020
Table 5: South Korea apparel retail industry value forecast: $ million, 2020-25
Table 6: Lotte Shopping Co., Ltd.: key facts
Table 7: Lotte Shopping Co., Ltd.: Annual Financial Ratios
Table 8: Lotte Shopping Co., Ltd.: Key Employees
Table 9: Fast Retailing Co Ltd: key facts
Table 10: Fast Retailing Co Ltd: Annual Financial Ratios
Table 11: Fast Retailing Co Ltd: Key Employees
Table 12: Fast Retailing Co Ltd: Key Employees Continued
Table 13: Fast Retailing Co Ltd: Key Employees Continued
Table 14: Samsung C&T Corp: key facts
Table 15: Samsung C&T Corp: Annual Financial Ratios
Table 16: Samsung C&T Corp: Key Employees
Table 17: FILA Holdings Corporation: key facts
Table 18: FILA Holdings Corporation: Annual Financial Ratios
Table 19: FILA Holdings Corporation: Key Employees
Table 20: Coupang Inc: key facts
Table 21: Coupang Inc: Annual Financial Ratios
Table 22: Coupang Inc: Key Employees
Table 23: South Korea size of population (million), 2016-20
Table 24: South Korea GDP (constant 2005 prices, $ billion), 2016-20
Table 25: South Korea GDP (current prices, $ billion), 2016-20
Table 26: South Korea inflation, 2016-20
Table 27: South Korea consumer price index (absolute), 2016-20
Table 28: South Korea exchange rate, 2016-20

List of Figures
Figure 1: South Korea apparel retail industry value: $ million, 2016-20
Figure 2: South Korea apparel retail industry category segmentation: % share, by value, 2020
Figure 3: South Korea apparel retail industry geography segmentation: % share, by value, 2020
Figure 4: South Korea apparel retail industry distribution: % share, by value, 2020
Figure 5: South Korea apparel retail industry value forecast: $ million, 2020-25
Figure 6: Forces driving competition in the apparel retail industry in South Korea, 2020
Figure 7: Drivers of buyer power in the apparel retail industry in South Korea, 2020
Figure 8: Drivers of supplier power in the apparel retail industry in South Korea, 2020
Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in South Korea, 2020
Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in South Korea, 2020
Figure 11: Drivers of degree of rivalry in the apparel retail industry in South Korea, 2020
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Lotte Shopping Co., Ltd.
  • Fast Retailing Co Ltd
  • Samsung C&T Corp
  • FILA Holdings Corporation
  • Coupang Inc
Note: Product cover images may vary from those shown
Adroll
adroll