Green Fashion in South Korea

Green Fashion in South Korea


Summary

Green Fashion in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Green Fashion is defined as clothing, footwear, and accessories that are sustainably produced and consumed by considering both environmental and socioeconomic factors. Green Fashion products are made from various eco-friendly materials such as biofiber, hemp, bamboo, and lyocell. Apparel, footwear, and accessories are included in our scope.
  • The South Korean Green Fashion market recorded revenues of $25.3 million in 2023, representing a compound annual growth rate (CAGR) of 3.8% between 2018 and 2023.
  • The women's wear segment accounted for the market's largest proportion in 2023, with total revenues of $14.7 million, equivalent to 58% of the market's overall value.
  • Despite the economy's slowdown and rising prices, South Korea's green fashion market continued to experience healthy growth. This is a result of the expanding popularity of vegan clothing and other green fashion products.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the green fashion market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the green fashion market in South Korea
  • Leading company profiles reveal details of key green fashion market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea green fashion market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the South Korea green fashion market by value in 2023?
  • What will be the size of the South Korea green fashion market in 2028?
  • What factors are affecting the strength of competition in the South Korea green fashion market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's green fashion 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
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 companies in the market?
7.2. What strategies do the leading companies follow?
7.3. What are the strengths of the leading companies?
7.4. Have there been any notable developments in the market?
8 Company Profiles
8.1. NIKE Inc
8.2. adidas AG
8.3. Recode Studios Pvt Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
About GlobalData
List of Tables
Table 1: South Korea green fashion market value: $ million, 2018-23
Table 2: South Korea green fashion market category segmentation: % share, by value, 2018-2023
Table 3: South Korea green fashion market category segmentation: $ million, 2018-2023
Table 4: South Korea green fashion market geography segmentation: $ million, 2023
Table 5: South Korea green fashion market value forecast: $ million, 2023-28
Table 6: NIKE Inc: key facts
Table 7: NIKE Inc: annual financial ratios
Table 8: NIKE Inc: key employees
Table 9: NIKE Inc: key employees Continued
Table 10: adidas AG: key facts
Table 11: adidas AG: annual financial ratios
Table 12: adidas AG: key employees
Table 13: Recode Studios Pvt Ltd: key facts
Table 14: South Korea size of population (million), 2019-23
Table 15: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 16: South Korea gdp (current prices, $ billion), 2019-23
Table 17: South Korea inflation, 2019-23
Table 18: South Korea consumer price index (absolute), 2019-23
Table 19: South Korea exchange rate, 2019-23
List of Figures
Figure 1: South Korea green fashion market value: $ million, 2018-23
Figure 2: South Korea green fashion market category segmentation: $ million, 2018-2023
Figure 3: South Korea green fashion market geography segmentation: % share, by value, 2023
Figure 4: South Korea green fashion market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the green fashion market in South Korea, 2023
Figure 6: Drivers of buyer power in the green fashion market in South Korea, 2023
Figure 7: Drivers of supplier power in the green fashion market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the green fashion market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the green fashion market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the green fashion market in South Korea, 2023

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