Luxury Writing Instruments and Stationery in South Korea

Luxury Writing Instruments and Stationery in South Korea

High-quality luxury writing instruments and stationery were traditionally used and purchased to give as gifts in South Korea, with demand soaring on special occasions such as Teacher’s Day. However, the anti-bribery legislation that came into effect in November 2016 has dampened the performance. The legislation prohibits gifts to professionals valued at over KRW30,000, and although this does not strictly regulate non-government entities, the general atmosphere of not giving and not receiving is...

Euromonitor International's Luxury Writing Instruments and Stationery in South Korea report offers a comprehensive guide to the size and shape of the Luxury Writing Instruments and Stationery 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 Writing Instruments and Stationery retailing along with the development of consumers’ shopping patterns. Forecasts to 2024 illustrate how the market is set to change

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 Writing Instruments and Stationery 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.


Luxury Writing Instruments and Stationery in South Korea
Euromonitor International
January 2020
LIST OF CONTENTS AND TABLES
Headlines
Prospects
the Anti-bribery Legislation Negatively Impacts Sales of Luxury Writing Instruments and Stationery
During 2019, Luxury Writing Instruments and Stationery Has Steady Availability in South Korea
As Lifestyles Shift, Sales and Growth of Luxury Writing Instruments and Stationery Are Impacted
Competitive Landscape
Richemont Korea Ltd Continued To Lead Luxury Writing Instruments and Stationery With Its Offering of Montblanc
Whereas Luxury Players Do Offer Writing Instruments and Stationery, Many Tend To Focus on the More Profitable Areas of Their Businesses
Non-luxury Players Compete for Space in the Landscape, However, Their Unit Prices and Brand Recognition Need To Match Luxury Players
Category Data
Table 1 Sales of Luxury Writing Instruments and Stationery: Value 2014-2019
Table 2 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2014-2019
Table 3 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2014-2018
Table 4 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2015-2018
Table 5 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2014-2019
Table 6 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2019-2024
Table 7 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2019-2024
Executive Summary
Growth in Luxury Goods Is Driven by An Increasing Consumer Base and Rise in Local Luxury Offerings, However Duty-free and Imitations Goods Remain A Threat in 2019
the Decrease in Chinese Tourists Sees Players Developing Offerings for Local Consumers, As Retailers Create Special Vip Areas
Luxury Cars Led the Landscape in 2019, As Daimler AG Retained Its First-place Position With Mercedes-benz, and Bmw Lost Value Share
Premium Outlets Pose A Threat To Department Stores, As They Offer High-level Discounts on Several Luxury Players
Growth Over the Forecast Period Will Be Driven by Tourism, Affordable Luxury and A Diverse Range of New Players
Market Indicators
Table 8 Number of High Net Worth Individuals (HNWI): 2014-2019
Market Data
Table 9 Sales of Luxury Goods by Category: Value 2014-2019
Table 10 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 12 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 13 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 15 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
Sources
Summary 1 Research Sources

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook