South Korea Jewelry and Watch Retail Market Summary, Competitive Analysis and Forecast to 2026
South Korea Jewelry and Watch Retail Market Summary, Competitive Analysis and Forecast to 2026
Summary
Jewelry & Watch Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-21, and forecast to 2026). 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 and volume 2016-21, and forecast to 2026). 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 & watches market generated total revenues of $8,878.4 million in 2021, representing a compound annual growth rate (CAGR) of 0.5% between 2017 and 2021.
- The accessories segment was the market's most lucrative in 2021, with total revenues of $4,861.7 million, equivalent to 54.8% of the market's overall value.
- In 2020, the market experienced negative growth owing to economic uncertainty, low demand, and diverted spending on essential goods. In 2021, the market continues to decline further. <.ul>Scope
- 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 by both value and volume <.ul>Reasons to Buy
- What was the size of the South Korea jewelry & watch retail market by value in 2022?
- What will be the size of the South Korea jewelry & watch retail market in 2027?
- 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?
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
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?
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 & watches market value: $ million, 2016-21
Table 2: South Korea jewelry & watches market category segmentation: % share, by value, 2016-2021
Table 3: South Korea jewelry & watches market category segmentation: $ million, 2016-2021
Table 4: South Korea jewelry & watches market geography segmentation: $ million, 2021
Table 5: South Korea jewelry & watches market distribution: % share, by value, 2021
Table 6: South Korea jewelry & watches market value forecast: $ million, 2021-26
Table 7: Lotte Shopping Co., Ltd.: key facts
Table 8: Lotte Shopping Co., Ltd.: Annual Financial Ratios
Table 9: Lotte Shopping Co., Ltd.: Key Employees
Table 10: Compagnie Financiere Richemont SA: key facts
Table 11: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 12: Compagnie Financiere Richemont SA: Key Employees
Table 13: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 14: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 15: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 16: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 17: South Korea size of population (million), 2017-21
Table 18: South Korea gdp (constant 2005 prices, $ billion), 2017-21
Table 19: South Korea gdp (current prices, $ billion), 2017-21
Table 20: South Korea inflation, 2017-21
Table 21: South Korea consumer price index (absolute), 2017-21
Table 22: South Korea exchange rate, 2018-22
Table 1: South Korea jewelry & watches market value: $ million, 2016-21
Table 2: South Korea jewelry & watches market category segmentation: % share, by value, 2016-2021
Table 3: South Korea jewelry & watches market category segmentation: $ million, 2016-2021
Table 4: South Korea jewelry & watches market geography segmentation: $ million, 2021
Table 5: South Korea jewelry & watches market distribution: % share, by value, 2021
Table 6: South Korea jewelry & watches market value forecast: $ million, 2021-26
Table 7: Lotte Shopping Co., Ltd.: key facts
Table 8: Lotte Shopping Co., Ltd.: Annual Financial Ratios
Table 9: Lotte Shopping Co., Ltd.: Key Employees
Table 10: Compagnie Financiere Richemont SA: key facts
Table 11: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 12: Compagnie Financiere Richemont SA: Key Employees
Table 13: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 14: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 15: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 16: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 17: South Korea size of population (million), 2017-21
Table 18: South Korea gdp (constant 2005 prices, $ billion), 2017-21
Table 19: South Korea gdp (current prices, $ billion), 2017-21
Table 20: South Korea inflation, 2017-21
Table 21: South Korea consumer price index (absolute), 2017-21
Table 22: South Korea exchange rate, 2018-22
LIST OF FIGURES
Figure 1: South Korea jewelry & watches market value: $ million, 2016-21
Figure 2: South Korea jewelry & watches market category segmentation: $ million, 2016-2021
Figure 3: South Korea jewelry & watches market geography segmentation: % share, by value, 2021
Figure 4: South Korea jewelry & watches market distribution: % share, by value, 2021
Figure 5: South Korea jewelry & watches market value forecast: $ million, 2021-26
Figure 6: Forces driving competition in the jewelry & watches market in South Korea, 2021
Figure 7: Drivers of buyer power in the jewelry & watches market in South Korea, 2021
Figure 8: Drivers of supplier power in the jewelry & watches market in South Korea, 2021
Figure 9: Factors influencing the likelihood of new entrants in the jewelry & watches market in South Korea, 2021
Figure 10: Factors influencing the threat of substitutes in the jewelry & watches market in South Korea, 2021
Figure 11: Drivers of degree of rivalry in the jewelry & watches market in South Korea, 2021
Figure 1: South Korea jewelry & watches market value: $ million, 2016-21
Figure 2: South Korea jewelry & watches market category segmentation: $ million, 2016-2021
Figure 3: South Korea jewelry & watches market geography segmentation: % share, by value, 2021
Figure 4: South Korea jewelry & watches market distribution: % share, by value, 2021
Figure 5: South Korea jewelry & watches market value forecast: $ million, 2021-26
Figure 6: Forces driving competition in the jewelry & watches market in South Korea, 2021
Figure 7: Drivers of buyer power in the jewelry & watches market in South Korea, 2021
Figure 8: Drivers of supplier power in the jewelry & watches market in South Korea, 2021
Figure 9: Factors influencing the likelihood of new entrants in the jewelry & watches market in South Korea, 2021
Figure 10: Factors influencing the threat of substitutes in the jewelry & watches market in South Korea, 2021
Figure 11: Drivers of degree of rivalry in the jewelry & watches market in South Korea, 2021
