Jewelry and Watches in South Korea

Jewelry and Watches in South Korea

Summary

Jewelry and Watches in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The Jewelry, Watches and Accessories market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds and rubies), pearls (natural and cultured) and semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), fashion jewelry (non-precious jewelry), hair accessories, belts, hats, gloves, scarves, sunglasses and ties, plus watches.
  • The South Korean jewelry and watches market had total revenues of $11,285.6m in 2018, representing a compound annual growth rate (CAGR) of 10.9% between 2014 and 2018.
  • The accessories segment was the market's most lucrative in 2018, with total revenues of $6,380.6m, equivalent to 56.5% of the market's overall value.
  • South Korea is considered to be a very exciting market for the future in jewelry and watches. Stable economic growth, low income inequality, and the industrial hubs of Seoul and Gyeonggi-do have fuelled spending on luxury goods.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the jewelry & watches market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watches market in South Korea
  • Leading company profiles reveal details of key jewelry & watches 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 market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea jewelry & watches market by value in 2018?
  • What will be the size of the South Korea jewelry & watches market in 2023?
  • What factors are affecting the strength of competition in the South Korea jewelry & watches market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's jewelry & watches market?


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 are the strengths of leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. Compagnie Financiere Richemont SA
8.2. Lotte Shopping Co., Ltd.
8.3. Tiffany & Co
8.4. 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 & watches market value: $ million, 2014-18
Table 2: South Korea jewelry & watches market category segmentation: $ million, 2018
Table 3: South Korea jewelry & watches market geography segmentation: $ million, 2018
Table 4: South Korea jewelry & watches market distribution: % share, by value, 2018
Table 5: South Korea jewelry & watches market value forecast: $ million, 2018-23
Table 6: Compagnie Financiere Richemont SA: key facts
Table 7: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 8: Compagnie Financiere Richemont SA: Key Employees
Table 9: Lotte Shopping Co., Ltd.: key facts
Table 10: Lotte Shopping Co., Ltd.: Annual Financial Ratios
Table 11: Lotte Shopping Co., Ltd.: Key Employees
Table 12: Tiffany & Co: key facts
Table 13: Tiffany & Co: Annual Financial Ratios
Table 14: Tiffany & Co: Key Employees
Table 15: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 16: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 17: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 18: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 19: South Korea size of population (million), 2014-18
Table 20: South Korea gdp (constant 2005 prices, $ billion), 2014-18
Table 21: South Korea gdp (current prices, $ billion), 2014-18
Table 22: South Korea inflation, 2014-18
Table 23: South Korea consumer price index (absolute), 2014-18
Table 24: South Korea exchange rate, 2014-18
List of Figures
Figure 1: South Korea jewelry & watches market value: $ million, 2014-18
Figure 2: South Korea jewelry & watches market category segmentation: % share, by value, 2018
Figure 3: South Korea jewelry & watches market geography segmentation: % share, by value, 2018
Figure 4: South Korea jewelry & watches market distribution: % share, by value, 2018
Figure 5: South Korea jewelry & watches market value forecast: $ million, 2018-23
Figure 6: Forces driving competition in the jewelry & watches market in South Korea, 2018
Figure 7: Drivers of buyer power in the jewelry & watches market in South Korea, 2018
Figure 8: Drivers of supplier power in the jewelry & watches market in South Korea, 2018
Figure 9: Factors influencing the likelihood of new entrants in the jewelry & watches market in South Korea, 2018
Figure 10: Factors influencing the threat of substitutes in the jewelry & watches market in South Korea, 2018
Figure 11: Drivers of degree of rivalry in the jewelry & watches market in South Korea, 2018

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