South Korea Apparel Market Size and Trend Analysis by Category (Womenswear, Menswear, Childrenswear, Footwear and Accessories), Brand Shares and Forecasts, 2021-2026

South Korea Apparel Market Size and Trend Analysis by Category (Womenswear, Menswear, Childrenswear, Footwear and Accessories), Brand Shares and Forecasts, 2021-2026

Summary

This databook uses data from GlobalData’s Apparel database showing the trends in the market and sectors by value and volume. It also reveals the brand leaders by market share in 2021 in each of the sectors as well as total apparel.

This databook provides both the historic and forecast market data of total apparel sales. It illustrates the data with charts, graphs and tables summarizing the value and volume trends, with category details in each sector. The forecasts include the impact of COVID-19 on growth. The databook also reveals major brand’s share in apparel with their price and market positioning in 2021.

Scope

• The overall apparel market in South Korea is forecast to grow at a CAGR of 4.6% between 2021 and 2026 to reach KRW 95.7 tn
• Childrenswear will grow at 2.7% to reach KRW 5.2 tn by 2026
• Trainers in Men's footwear dominates the sales however Shoes & boots is expected to be the fastest growing category
• Nike led the market in 2021 with 2.4% market share followed by UNIQLO (1.4%) and Adidas (1.1%)

• Gain a comprehensive view of the South Korea apparel market and forecasts to 2026
• Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of Covid-19 on the South Korea apparel market
• Investigate current and forecast trends in apparel industry to identify the opportunities offering the most potential
• Understand who the main competitors are in the South Korea apparel market and their price positioning