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South Korea Apparel Market Overview and Trend Analysis by Category and Forecasts to 2027

Publisher GlobalData
Published Aug 25, 2023
Length 77 Pages
SKU # GBDT18201500

Description

South Korea Apparel Market Overview and Trend Analysis by Category and Forecasts to 2027


Summary

This databook uses data from GlobalData’s Apparel database showing the trends in the market and sectors by value and volume. It also reveals the brand leaders by market share in 2022 in each of the sectors as well as total apparel.

This databook provides both the historic and forecast market data of total apparel sales in South Korea. It illustrates the data with charts, graphs and tables summarizing the value and volume trends, with category details in each sector. The forecasts include the impact of inflation on growth. The databook also reveals major brand’s share in apparel with their price and market positioning in 2022.

Scope
  • The overall apparel market in South Korea is forecast to grow at a CAGR of 5.8% between 2022 and 2027 to reach KRW 111.4tn
  • Childrenswear will grow at 8.6% to reach KRW 7.0tn by 2027
  • Trainers in Men's footwear dominate the sales and is expected to be the fastest-growing category
  • Nike led the market in 2022 with 2.1% market share followed by UNIQLO(1.4%) and Hermes (1.2%)
Reasons to Buy
  • Gain a comprehensive view of the apparel market and forecasts to 2027
  • Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of inflation on the apparel market
  • Investigate current and forecast trends in apparel to identify the opportunities offering the most potential
  • Understand who the main competitors are in the sector and the price positioning

Table of Contents

77 Pages
Apparel
Womenswear
Women's Footwear
Menswear
Men's Footwear
Childrenswear
Children's Footwear
Accessories
Methodology

Pricing

Currency Rates
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