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Jewelry & Watch Retail in South Korea

Publisher MarketLine
Published Sep 13, 2024
Length 39 Pages
SKU # MTLN19275269

Description

Jewelry & Watch Retail in South Korea


Summary

Jewelry & Watch Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The 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.
  • The South Korean jewelry & watch retail market registered revenues of $12,106.9 million in 2023, representing a compound annual growth rate (CAGR) of 1.2% between 2018 and 2023.
  • The accessories segment accounted for the market's largest proportion in 2023, with total revenues of $7,515.8 million, equivalent to 62.1% of the market's overall value.
  • In 2023, the South Korean jewelry & watch retail market experienced an 8.0% annual growth, fueled by factors such as declining unemployment, an improved standard of living, and a rising GDP, all of which contributed to the market's expansion.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the jewelry & watch retail market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watch retail market in South Korea
  • Leading company profiles reveal details of key jewelry & watch 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 & watch retail market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea jewelry & watch retail market by value in 2023?
  • What will be the size of the South Korea jewelry & watch retail market in 2028?
  • What factors are affecting the strength of competition in the South Korea jewelry & watch retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's jewelry & watch retail market?

Table of Contents

39 Pages
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
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 recent developments in the market?
8 Company Profiles
8.1. Lotte Shopping Co Ltd
8.2. Compagnie Financiere Richemont SA
8.3. LVMH Moet Hennessy Louis Vuitton SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea jewelry & watch market value: $ million, 2018-23
Table 2: South Korea jewelry & watch market category segmentation: % share, by value, 2018-23
Table 3: South Korea jewelry & watch market category segmentation: $ million, 2018-23
Table 4: South Korea jewelry & watch market geography segmentation: $ million, 2023
Table 5: South Korea jewelry & watch market value forecast: $ million, 2023-28
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: Compagnie Financiere Richemont SA: key facts
Table 10: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 11: Compagnie Financiere Richemont SA: Key Employees
Table 12: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 13: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 14: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 15: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 16: South Korea exchange rate, 2018-23
List of Figures
Figure 1: South Korea jewelry & watch market value: $ million, 2018-23
Figure 2: South Korea jewelry & watch market category segmentation: $ million, 2018-23
Figure 3: South Korea jewelry & watch market geography segmentation: % share, by value, 2023
Figure 4: South Korea jewelry & watch market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the jewelry & watch market in South Korea, 2023
Figure 6: Drivers of buyer power in the jewelry & watch market in South Korea, 2023
Figure 7: Drivers of supplier power in the jewelry & watch market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the jewelry & watch market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the jewelry & watch market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the jewelry & watch market in South Korea, 2023

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