South Korea Luxury Goods Market by Product Type, Distribution Channel, End User 2024-2032
                     South Korea Luxury 
Goods Market Research 
and Forecast Report 
2024-2032
Format: PDF+EXCEL
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A cc o r d i ng  t o  t h e  l a te s t  r e p o r t  b y  I MA R C  Gr o u p ,  t i t l e d  " S o u t h  K o r e a  L u xu r y  G o o d s  
Ma r k e t :  I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  Gr o w th ,  O p p o r t u n i ty  a n d  F o r e ca s t  2 0 2 4 -
20 3 2 , "  t h e  S o u t h  K o r e a  l u x u r y  g o o d s  m a r ke t  s i z e  i s  p r o j ec t e d  t o  e x h i b i t  a  g r o w th  r a te  
( C A G R )  o f  4 .9 %  du r i n g  2 02 4 - 2 03 2 .
Report T he  S o u th  K o r ea  l u xu r y  g oo d s  m a r ke t  i s  e x p e r i e n c i n g  g r ow t h ,  d r i v e n  b y  t h e  i n c r e a s i n g  d i sp o s a b l e  i n c o m e  a m o ng  c o n s um e r s .  A d d i t i o na l l y ,  t h e  i n f l a t i n g  p o p u l a r i t y  o f  
en t e r t a i n m e n t  a n d  fa s h i o n  pu r p o se s  i s  e sc a l a t i ng  t h e  de m a nd  f o r  l u x u ry  b ra n d s  i n  t he  
Highlight and co u n t r y ,  t h e r eb y  b o l s t e r i n g  t h e  m a r k e t  g r o w t h .  
A pa r t  f r o m  t h i s ,  t h e  m a r ke t  i s  p o s i t i ve l y  i n f l ue n c e d  b y  t h e  i nc r e a s i n g  n um b e r  o f  a f f l u e n t  
co n s u me r s ,  es p e c i a l l y  t h e  y o u ng e r  de m o g r a p h i c ,  w h o  a r e  i nc r e a s i n g l y  d r a w n  t o  h i g h -
Description en d  f a s h i o n ,  b e a u t y  p r o du c t s ,  a n d  a c ce s s o r i e s ,  v i e w i ng  t h e m  as  s y mb o l s  o f  s t a tu s  a n d  
pe r s o n a l  s t y l e .  F u r t he r m or e ,  t h e  g r o w i n g  n um b e r  o f  d u ty - f r e e  s h o ps  a n d  l u x u r y  r e ta i l  
ou t l e t s  i n  S o u t h  K o r e a ,  w h i ch  a t t r a c t  a  s i gn i f i c a n t  n u mb e r  o f  t o u r i s t s ,  p a r t i c u l a r l y  f r o m  
C h i n a  a nd  o t h e r  c o u n t r i e s  ac r o s s  A s i a ,  i s  p r o p e l l i n g  t he  m a rk e t  g r o w t h .
R eq u e s t  f o r  a  P D F  sa m p l e  o f  t h i s  re p o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / so u t h - ko r e a - l ux u r y - go o d s - ma r k e t / r e qu e s t s a mp l e
Report Description
South Korea Luxury Goods Market  Trends:
Emerg ing t rends in  the South Korea luxury  goods market  inc lude the growing demand for  d ig i ta l  
marke t ing and on l ine re ta i l  p la t forms. In  addi t ion to  th is,  luxury brands are act ive ly  engaging  wi th  
consumers through socia l  media and e-commerce p la t forms,  thereby bo lster ing the market  growth.  
Fur thermore,  the increas ing focus on personal izat ion and exclusive exper iences,  as luxury  
consumers seek products  and serv ices that  o f fer  a  sense of  un iqueness and personal  connect ion,  is  
a lso act ing as another s ign i f icant  growth- induc ing factor .  Apart  f rom th is ,  lead ing luxury  brands are 
invest ing in more susta inable  and socia l ly  responsib le  pract ices,  which is  expected to  esca la te  the 
South Korea luxury  goods market  in  the coming years.
View Report  TOC, Figures and Tables :  
ht tps: / /www.imarcgroup.com/south-korea- luxury-goods-market
Type Insights:
• Clothing and Apparel
• Footwear
• Bags
• Watches
• Jewelry
Report • Others
Segmentation
Distribution Channel Insights:
• Single-Brand Stores
• Multi -Brand Stores
• Online Stores
• Others
Regional Insights:
• Seoul Capital  Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central  Region)
Report • Others
Segmentation
How has the South Korea luxury goods market 
performed so far and how will it perform in the coming 
years?
What has been the impact of COVID-19 on the South 
Korea luxury goods market?
What is the breakup of the South Korea luxury goods 
Key market on the basis of type?
Questions What is the breakup of the South Korea luxury goods market on the basis of distribution channel?
Answered in 
What are the various stages in the value chain of the 
the Report South Korea luxury goods market? 
What are the key driving factors and challenges in the 
South Korea luxury goods?
What is the structure of the South Korea luxury goods 
market and who are the key players?
What is the degree of competition in the South Korea 
luxury goods market? 
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    S o u t h  K o r e a  L u x u r y  G o o d s  M a r k e t  -  I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    S o u t h  K o r e a  L u x u r y  G o o d s  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    S o u t h  K o r e a  L u x u r y  G o o d s  M a r k e t  -  B r e a k u p  b y  T y p e
    6 . 1     C l o t h i n g  a n d  A p p a r e l
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     F o o t w e a r
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
    6 . 3     B a g s
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 4     W a t c h e s
        6 . 4 . 1  O v e r v i e w
        6 . 4 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 4 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 5     J e w e l r y
        6 . 5 . 1  O v e r v i e w
        6 . 5 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 5 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
Table of     6 . 6     O t h e r s        6 . 6 . 1  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 6 . 2  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
7    S o u t h  K o r e a  L u x u r y  G o o d s  M a r k e t  -  B r e a k u p  b y  D i s t r i b u t i o n  
Contents C h a n n e l
    7 . 1     S i n g l e - B r a n d  S t o r e s
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     M u l t i - B r a n d  S t o r e s
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 3     O n l i n e  S t o r e s
        7 . 3 . 1  O v e r v i e w
        7 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /www. i m a rc gro up . c o m/so u th -ko rea - l ux ury -go o ds -ma rke
t / t o c
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