Jewelry & Watch Retail in South Korea
Jewelry & Watch Retail in South Korea
Summary
Jewelry & Watch Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The 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.
- The South Korean jewelry & watch retail market registered revenues of $12,106.9 million in 2023, representing a compound annual growth rate (CAGR) of 1.2% between 2018 and 2023.
- The accessories segment accounted for the market's largest proportion in 2023, with total revenues of $7,515.8 million, equivalent to 62.1% of the market's overall value.
- In 2023, the South Korean jewelry & watch retail market experienced an 8.0% annual growth, fueled by factors such as declining unemployment, an improved standard of living, and a rising GDP, all of which contributed to the market's expansion.
- 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 2023?
- What will be the size of the South Korea jewelry & watch retail market in 2028?
- 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
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 recent developments in the market?
8 COMPANY PROFILES
8.1. Lotte Shopping Co Ltd
8.2. Compagnie Financiere Richemont SA
8.3. 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
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
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 recent developments in the market?
8 COMPANY PROFILES
8.1. Lotte Shopping Co Ltd
8.2. Compagnie Financiere Richemont SA
8.3. 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 & watch market value: $ million, 2018-23
Table 2: South Korea jewelry & watch market category segmentation: % share, by value, 2018-23
Table 3: South Korea jewelry & watch market category segmentation: $ million, 2018-23
Table 4: South Korea jewelry & watch market geography segmentation: $ million, 2023
Table 5: South Korea jewelry & watch market value forecast: $ million, 2023-28
Table 6: Lotte Shopping Co Ltd: key facts
Table 7: Lotte Shopping Co Ltd: Annual Financial Ratios
Table 8: Lotte Shopping Co Ltd: Key Employees
Table 9: Compagnie Financiere Richemont SA: key facts
Table 10: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 11: Compagnie Financiere Richemont SA: Key Employees
Table 12: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 13: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 14: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 15: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 16: South Korea exchange rate, 2018-23
Table 1: South Korea jewelry & watch market value: $ million, 2018-23
Table 2: South Korea jewelry & watch market category segmentation: % share, by value, 2018-23
Table 3: South Korea jewelry & watch market category segmentation: $ million, 2018-23
Table 4: South Korea jewelry & watch market geography segmentation: $ million, 2023
Table 5: South Korea jewelry & watch market value forecast: $ million, 2023-28
Table 6: Lotte Shopping Co Ltd: key facts
Table 7: Lotte Shopping Co Ltd: Annual Financial Ratios
Table 8: Lotte Shopping Co Ltd: Key Employees
Table 9: Compagnie Financiere Richemont SA: key facts
Table 10: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 11: Compagnie Financiere Richemont SA: Key Employees
Table 12: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 13: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 14: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 15: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 16: South Korea exchange rate, 2018-23
LIST OF FIGURES
Figure 1: South Korea jewelry & watch market value: $ million, 2018-23
Figure 2: South Korea jewelry & watch market category segmentation: $ million, 2018-23
Figure 3: South Korea jewelry & watch market geography segmentation: % share, by value, 2023
Figure 4: South Korea jewelry & watch market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the jewelry & watch market in South Korea, 2023
Figure 6: Drivers of buyer power in the jewelry & watch market in South Korea, 2023
Figure 7: Drivers of supplier power in the jewelry & watch market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the jewelry & watch market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the jewelry & watch market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the jewelry & watch market in South Korea, 2023
Figure 1: South Korea jewelry & watch market value: $ million, 2018-23
Figure 2: South Korea jewelry & watch market category segmentation: $ million, 2018-23
Figure 3: South Korea jewelry & watch market geography segmentation: % share, by value, 2023
Figure 4: South Korea jewelry & watch market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the jewelry & watch market in South Korea, 2023
Figure 6: Drivers of buyer power in the jewelry & watch market in South Korea, 2023
Figure 7: Drivers of supplier power in the jewelry & watch market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the jewelry & watch market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the jewelry & watch market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the jewelry & watch market in South Korea, 2023
