Luxury Goods in South Korea

Luxury Goods in South Korea

Despite the COVID-19 pandemic, luxury goods in South Korea continued to record current value growth in both 2020 and 2021. With spending on overseas travel put on hold due to the pandemic, consumers instead purchased luxury goods through domestic department stores and e-commerce to treat themselves and help them get through a difficult environment. With the easing of cases of COVID-19 and gradual lifting of restrictions both in the country and globally, growth is also set to continue in 2022. In...

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

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

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

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