Jewelry, Watches, and Accessories Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Jewelry, watches and accessories retail market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds, and rubies), pearls (natural and cultured), semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), precious charms, brooches, cufflinks, body jewelry, precious hair accessories/headwear (tiaras) and fine watches. Market value represents retail sales.
- The South Korean jewelry, watches, and accessories retail market recorded revenues of $12.7 billion in 2024, representing a negative compound annual growth rate (CAGR) of 0.6% between 2019 and 2024.
- The accessories segment accounted for the market's largest proportion in 2024, with total revenues of $8 billion, equivalent to 63% of the market's overall value.
- In 2024, South Korea accounted for a 3.7% share of the Asia-Pacific jewelry, watches, and accessories retail market.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the jewelry, watches, and accessories retail market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry, watches, and accessories retail market in South Korea
- Leading company profiles reveal details of key jewelry, watches, and accessories retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea jewelry, watches, and accessories retail market with five year forecasts
Reasons to Buy
- What was the size of the South Korea jewelry, watches, and accessories retail market by value in 2024?
- What will be the size of the South Korea jewelry, watches, and accessories retail market in 2029?
- What factors are affecting the strength of competition in the South Korea jewelry, watches, and accessories retail market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's jewelry, watches, and accessories retail market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Lotte Shopping Co Ltd
- LVMH Moet Hennessy Louis Vuitton SE
- Compagnie Financiere Richemont SA
