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Jewelry, Watches, and Accessories Retail in South Korea

Publisher MarketLine
Published Oct 02, 2025
Length 40 Pages
SKU # MTLN20645741

Description

Jewelry, Watches, and Accessories Retail in South Korea

Summary

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.
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

40 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
4.3. Market distribution
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 strengths of leading players?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Lotte Shopping Co Ltd
8.2. LVMH Moet Hennessy Louis Vuitton SE
8.3. Compagnie Financiere Richemont 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, watches, and accessories retail market value: $ million, 2019-24
Table 2: South Korea jewelry, watches, and accessories retail market category segmentation: % share, by value, 2019-24
Table 3: South Korea jewelry, watches, and accessories retail market category segmentation: $ million, 2019-24
Table 4: South Korea jewelry, watches, and accessories retail market geography segmentation: $ million, 2024
Table 5: South Korea jewelry, watches, and accessories retail market distribution: % share, by value, 2024
Table 6: South Korea jewelry, watches, and accessories retail market value forecast: $ million, 2024-29
Table 7: Lotte Shopping Co Ltd: Key Facts
Table 8: Lotte Shopping Co Ltd: Annual Financial Ratios
Table 9: Lotte Shopping Co Ltd: Key Employees
Table 10: LVMH Moet Hennessy Louis Vuitton SE: Key Facts
Table 11: LVMH Moet Hennessy Louis Vuitton SE: Annual Financial Ratios
Table 12: LVMH Moet Hennessy Louis Vuitton SE: Key Employees
Table 13: LVMH Moet Hennessy Louis Vuitton SE: Key Employees Continued
Table 14: Compagnie Financiere Richemont SA: Key Facts
Table 15: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 16: Compagnie Financiere Richemont SA: Key Employees
Table 17: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea jewelry, watches, and accessories retail market value: $ million, 2019-24
Figure 2: South Korea jewelry, watches, and accessories retail market category segmentation: $ million, 2019-24
Figure 3: South Korea jewelry, watches, and accessories retail market geography segmentation: % share, by value, 2024
Figure 4: South Korea jewelry, watches, and accessories retail market distribution: % share, by value, 2024
Figure 5: South Korea jewelry, watches, and accessories retail market value forecast: $ million, 2024-29
Figure 6: Forces driving competition in the jewelry, watches, and accessories retail market in South Korea, 2024
Figure 7: Drivers of buyer power in the jewelry, watches, and accessories retail market in South Korea, 2024
Figure 8: Drivers of supplier power in the jewelry, watches, and accessories retail market in South Korea, 2024
Figure 9: Factors influencing the likelihood of new entrants in the jewelry, watches, and accessories retail market in South Korea, 2024
Figure 10: Factors influencing the threat of substitutes in the jewelry, watches, and accessories retail market in South Korea, 2024
Figure 11: Drivers of degree of rivalry in the jewelry, watches, and accessories retail market in South Korea, 2024

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