Luxury Portable Consumer Electronics in South Korea

December 2021 | 19 pages | ID: LE90038A949EN
Euromonitor International Ltd

Abstracts

Domestic wealthy and affluent consumers have always represented the main consumer group for luxury portable consumer electronics in South Korea. As COVID-19 has had a minimal impact on the spending power of this consumer segment, the category has consequently continued to see strong demand, in both 2020 and 2021. Indeed, the 2020 growth rate was actually up on the previous year, with further dynamic growth being seen in 2021. Wealthy and affluent consumer groups benefited from rising stock and p...

Euromonitor International's Luxury Portable Consumer Electronics in South Korea report offers a comprehensive guide to the size and shape of the Luxury Portable Consumer Electronics 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 Portable Consumer Electronics retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Luxury Mobile Phones, Luxury Wearables.

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 Portable Consumer Electronics 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 PORTABLE CONSUMER ELECTRONICS IN SOUTH KOREA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Spending power of more affluent consumers helps maintain strong growth
Citizen Watch continues to lead luxury wearables, ahead of Herm?s
E-commerce channel continues gaining share
PROSPECTS AND OPPORTUNITIES
Luxury portable consumer electronics will continue growing over the forecast period
Luxury portable consumer electronics sales mostly made to domestic consumers
E-commerce expected to continue gaining in importance
CATEGORY DATA
Table 1 Sales of Luxury Portable Consumer Electronics by Category: Value 2016-2021
Table 2 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2016-2021
Table 3 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2016-2020
Table 4 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2017-2020
Table 5 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2016-2021
Table 6 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2021-2026
Table 7 Forecast Sales of Luxury Portable Consumer Electronics by Category: % 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