Experiential Luxury in South Korea

Experiential Luxury in South Korea

COVID-19 had a strong negative impact on experiential luxury in South Korea 2020, due to the steep decline in the number of tourists visiting the country, as well as some impact on domestic tourism. Moving into 2021, sales recorded a strong rebound. There were no mandated hotel closures during the COVID-19 pandemic, with the government not implementing any compulsory lockdowns. Therefore, as soon as domestic consumers felt comfortable, they could return to luxury hotels, which accounts for the t...

Euromonitor International's Experiential Luxury in South Korea report offers a comprehensive guide to the size and shape of the Experiential Luxury 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 Experiential Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage: Luxury Foodservice, Luxury Hotels.

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

Why buy this report?
* Get a detailed picture of the Experiential Luxury 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.