Jewelry and Watch Retail in South Korea - Market Summary, Competitive Analysis and Forecast to 2025
Jewelry and Watch Retail in South Korea - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Jewelry & Watch Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Jewelry & Watch Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). 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. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
- The South Korean jewelry & watches market had total revenues of $9.2bn in 2020, representing a compound annual growth rate (CAGR) of 2.3% between 2016 and 2020.
- The accessories segment was the market's most valuable in 2020, with total revenues of $5.0bn, equivalent to 54% of the market's overall value.
- National lockdowns, social distancing policies and travel restrictions caused revenues from jewelry and watch retail stores to decline 22.8% Y-o-Y in 2020.
- 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
- What was the size of the South Korea jewelry & watch retail market by value in 2020?
- What will be the size of the South Korea jewelry & watch retail market in 2025?
- 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?
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. Have there been any significant mergers/acquisitions in recent years?
7.5. What impact has COVID-19 had on leading players?
8 COMPANY PROFILES
8.1. Compagnie Financiere Richemont SA
8.2. LVMH Moet Hennessy Louis Vuitton SA
8.3. Lotte Shopping Co., Ltd.
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
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. Have there been any significant mergers/acquisitions in recent years?
7.5. What impact has COVID-19 had on leading players?
8 COMPANY PROFILES
8.1. Compagnie Financiere Richemont SA
8.2. LVMH Moet Hennessy Louis Vuitton SA
8.3. Lotte Shopping Co., Ltd.
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, 2016-20
Table 2: South Korea jewelry & watches market category segmentation: $ million, 2020
Table 3: South Korea jewelry & watches market geography segmentation: $ million, 2020
Table 4: South Korea jewelry & watches market distribution: % share, by value, 2020
Table 5: South Korea jewelry & watches market value forecast: $ million, 2020-25
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: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 10: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 11: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 12: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 13: Lotte Shopping Co., Ltd.: key facts
Table 14: Lotte Shopping Co., Ltd.: Annual Financial Ratios
Table 15: Lotte Shopping Co., Ltd.: Key Employees
Table 16: South Korea size of population (million), 2016-20
Table 17: South Korea gdp (constant 2005 prices, $ billion), 2016-20
Table 18: South Korea gdp (current prices, $ billion), 2016-20
Table 19: South Korea inflation, 2016-20
Table 20: South Korea consumer price index (absolute), 2016-20
Table 21: South Korea exchange rate, 2016-20
Table 1: South Korea jewelry & watches market value: $ million, 2016-20
Table 2: South Korea jewelry & watches market category segmentation: $ million, 2020
Table 3: South Korea jewelry & watches market geography segmentation: $ million, 2020
Table 4: South Korea jewelry & watches market distribution: % share, by value, 2020
Table 5: South Korea jewelry & watches market value forecast: $ million, 2020-25
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: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 10: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 11: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 12: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 13: Lotte Shopping Co., Ltd.: key facts
Table 14: Lotte Shopping Co., Ltd.: Annual Financial Ratios
Table 15: Lotte Shopping Co., Ltd.: Key Employees
Table 16: South Korea size of population (million), 2016-20
Table 17: South Korea gdp (constant 2005 prices, $ billion), 2016-20
Table 18: South Korea gdp (current prices, $ billion), 2016-20
Table 19: South Korea inflation, 2016-20
Table 20: South Korea consumer price index (absolute), 2016-20
Table 21: South Korea exchange rate, 2016-20
LIST OF FIGURES
Figure 1: South Korea jewelry & watches market value: $ million, 2016-20
Figure 2: South Korea jewelry & watches market category segmentation: % share, by value, 2020
Figure 3: South Korea jewelry & watches market geography segmentation: % share, by value, 2020
Figure 4: South Korea jewelry & watches market distribution: % share, by value, 2020
Figure 5: South Korea jewelry & watches market value forecast: $ million, 2020-25
Figure 6: Forces driving competition in the jewelry & watches market in South Korea, 2020
Figure 7: Drivers of buyer power in the jewelry & watches market in South Korea, 2020
Figure 8: Drivers of supplier power in the jewelry & watches market in South Korea, 2020
Figure 9: Factors influencing the likelihood of new entrants in the jewelry & watches market in South Korea, 2020
Figure 10: Factors influencing the threat of substitutes in the jewelry & watches market in South Korea, 2020
Figure 11: Drivers of degree of rivalry in the jewelry & watches market in South Korea, 2020
Figure 1: South Korea jewelry & watches market value: $ million, 2016-20
Figure 2: South Korea jewelry & watches market category segmentation: % share, by value, 2020
Figure 3: South Korea jewelry & watches market geography segmentation: % share, by value, 2020
Figure 4: South Korea jewelry & watches market distribution: % share, by value, 2020
Figure 5: South Korea jewelry & watches market value forecast: $ million, 2020-25
Figure 6: Forces driving competition in the jewelry & watches market in South Korea, 2020
Figure 7: Drivers of buyer power in the jewelry & watches market in South Korea, 2020
Figure 8: Drivers of supplier power in the jewelry & watches market in South Korea, 2020
Figure 9: Factors influencing the likelihood of new entrants in the jewelry & watches market in South Korea, 2020
Figure 10: Factors influencing the threat of substitutes in the jewelry & watches market in South Korea, 2020
Figure 11: Drivers of degree of rivalry in the jewelry & watches market in South Korea, 2020
