Luxury Leather Goods in South Korea

December 2021 | 21 pages | ID: L0CEB2A6E3CEN
Euromonitor International Ltd

Abstracts

Sales of luxury bags and small leather goods continued to grow in 2020, in spite of the pandemic. Although the category’s performance was considerably weaker than in 2019, growth nonetheless remained in positive territory. Stronger growth will then be seen in 2021 in sales of luxury bags and small leather goods, with luxury travel goods returning to positive growth in this year after an understandable dip in sales in 2020, when travel restrictions were in place both nationally and internationall...

Euromonitor International's Luxury Leather Goods in South Korea report offers a comprehensive guide to the size and shape of the Luxury Leather Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Leather Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Luxury Bags and Small Leather Goods, Luxury Travel Goods.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Luxury Leather Goods market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

LUXURY LEATHER GOODS IN SOUTH KOREA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Positive performance for luxury leather goods in spite of COVID-19
Department stores remains the dominant distribution channel
Top global brands see value share gains
PROSPECTS AND OPPORTUNITIES
E-commerce will find it hard to chip away at the department stores’ sales share in luxury leather goods
Travel restrictions to continue influencing the category’s performance
Online promotional activities to become increasingly important
CATEGORY DATA
Table 1 Sales of Luxury Leather Goods: Value 2016-2021
Table 2 Sales of Luxury Leather Goods: % Value Growth 2016-2021
Table 3 NBO Company Shares of Luxury Leather Goods: % Value 2016-2020
Table 4 LBN Brand Shares of Luxury Leather Goods: % Value 2017-2020
Table 5 Distribution of Luxury Leather Goods by Format: % Value 2016-2021
Table 6 Forecast Sales of Luxury Leather Goods: Value 2021-2026
Table 7 Forecast Sales of Luxury Leather Goods: % Value Growth 2021-2026
LUXURY GOODS IN SOUTH KOREA
EXECUTIVE SUMMARY
Luxury goods in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2016-2021
Table 9 Sales of Luxury Goods by Category: % Value Growth 2016-2021
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
Table 11 NBO Company Shares of Luxury Goods: % Value 2016-2020
Table 12 LBN Brand Shares of Luxury Goods: % Value 2017-2020
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2021
Table 14 Forecast Sales of Luxury Goods by Category: Value 2021-2026
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources