Bags and Luggage in South Korea

November 2022 | 19 pages | ID: B7687179D24EN
Euromonitor International Ltd

Abstracts

Following the emergence of the pandemic and subsequent severe lockdowns, sales of luggage in South Korea plummeted due to limited potential for travel. As a result, most luggage disappeared from displays in department stores, grocery retailers, and other distribution channels.

Euromonitor International's Bags and Luggagein South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2017-2021), 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 – be they new product developments, distribution or pricing issues. Forecasts to 2026 illustrate how the market is set to change.

Product coverage: Bags, Luggage.

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

Why buy this report?

• Get a detailed picture of the Bags and Luggage 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

BAGS AND LUGGAGE IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Sales of luggage notably rise in 2022 as travel restrictions ease
Dynamic growth for luxury handbags, driven by leading brands such as Louis Vuitton
The downfall of masstige bags and the rise of a new generation
PROSPECTS AND OPPORTUNITIES
Pop-up stores in South Korea create excitement and allow brands to expand consumer reach
Increasing interest in second-hand, resell and rental of luxury bags
Department stores remains most popular distribution channel despite competition from e-commerce
CATEGORY DATA
Table 1 Sales of Bags and Luggage by Category: Volume 2017-2022
Table 2 Sales of Bags and Luggage by Category: Value 2017-2022
Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2017-2022
Table 4 Sales of Bags and Luggage by Category: % Value Growth 2017-2022
Table 5 Sales of Luggage by Type: % Value 2017-2022
Table 6 NBO Company Shares of Bags and Luggage: % Value 2018-2022
Table 7 LBN Brand Shares of Bags and Luggage: % Value 2019-2022
Table 8 Distribution of Bags and Luggage by Format: % Value 2017-2022
Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2022-2027
Table 10 Forecast Sales of Bags and Luggage by Category: Value 2022-2027
Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2022-2027
Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2022-2027
PERSONAL ACCESSORIES IN SOUTH KOREA
EXECUTIVE SUMMARY
Personal accessories in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
MARKET DATA
Table 13 Sales of Personal Accessories by Category: Volume 2017-2022
Table 14 Sales of Personal Accessories by Category: Value 2017-2022
Table 15 Sales of Personal Accessories by Category: % Volume Growth 2017-2022
Table 16 Sales of Personal Accessories by Category: % Value Growth 2017-2022
Table 17 NBO Company Shares of Personal Accessories: % Value 2018-2022
Table 18 LBN Brand Shares of Personal Accessories: % Value 2019-2022
Table 19 Distribution of Personal Accessories by Format: % Value 2017-2022
Table 20 Forecast Sales of Personal Accessories by Category: Volume 2022-2027
Table 21 Forecast Sales of Personal Accessories by Category: Value 2022-2027
Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2022-2027
Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources