Apparel & Non-Apparel Manufacturing in South Korea

Apparel & Non-Apparel Manufacturing in South Korea

Summary

Apparel & Non-Apparel Manufacturing 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

• Apparel & non-apparel manufacturing market is segmented into apparel and non-apparel products. Apparel segment includes menswear, womenswear, and childrenswear. It does not include leather, footwear, and accessories. Non-apparel products segment includes non-clothing textiles such as carpets, mats, rugs, carpet tiles, textiles and soft furnishings (bathroom textiles, beddings, cushions, futons, hammocks, table linen, furniture covers, doormats), and window curtains.
• The South Korean apparel & non-apparel manufacturing market recorded revenues of $36,310.0 million in 2024, representing a negative compound annual growth rate (CAGR) of 0.5% between 2019 and 2024.
• The apparel segment accounted for the market's largest proportion in 2024, with total revenues of $31,483.2 million, equivalent to 86.7% of the market's overall value.
• The South Korean apparel and non-apparel manufacturing market continued to expand in 2024 in local currency terms, even though currency depreciation influenced its value in USD. The rising emphasis on sustainability and green fashion, driven by eco-conscious consumers, pushed manufacturers to adopt environmentally friendly practices and materials, boosting demand for sustainable products. According to GlobalData, the South Korean green fashion market value stood at $26.5 million in 2024, an increase of 2.8% from the previous year.

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

• What was the size of the South Korea apparel & non-apparel manufacturing market by value in 2024?
• What will be the size of the South Korea apparel & non-apparel manufacturing market in 2029?
• What factors are affecting the strength of competition in the South Korea apparel & non-apparel manufacturing market?
• How has the market performed over the last five years?
• What are the main segments that make up South Korea's apparel & non-apparel manufacturing market?