Handbags Market in South Korea 2025-2029

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	170 Pages	TechNavio	March, 2025	INF19892468

Best Price Guarantee
Price	from $2,500
Length	170 Pages
Publisher	TechNavio
Published Date	March, 2025
SKU	INF19892468

Handbags Market In South Korea 2025-2029

The handbags market in South Korea is forecasted to grow by USD 271.1 million during 2024-2029, accelerating at a CAGR of 3.4% during the forecast period. The report on the handbags market in South Korea provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumer spending on fashion and personal goods, growing influence of celebrity endorsements on purchasing decisions, and design and material innovation leading to product premiumization.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's handbags market in South Korea is segmented as below:

By Product

Totes
Clutches and wallets
Shoulder bags
Satchels and saddles

By Distribution Channel

Offline
Online

By Material

Leather
Fabric

By End-user

Women
Men

By Geographical Landscape

APAC

This study identifies the growing trend of personalization and customization of handbags as one of the prime reasons driving the handbags market in South Korea growth during the next few years. Also, high growth in E-commerce sector and rising demand for eco-friendly and sustainable handbags will lead to sizable demand in the market.

The report on the handbags market in South Korea covers the following areas:

Handbags Market in South Korea sizing
Handbags Market in South Korea forecast
Handbags Market in South Korea industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading handbags market in South Korea vendors that include Alexander Wang LLC, Burberry Group PLC, Capri Holdings Ltd., Chanel Ltd., Guess Inc., Hermes International SA, Kering SA, LVMH Moet Hennessy Louis Vuitton SE, MT Collection Co. Ltd, Prada Spa, PVH Corp., Sungjoo Group, Tapestry Inc., and Tory Burch LLC. Also, the handbags market in South Korea analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

1 Executive Summary: 1.1 Market overview; Executive Summary - Chart on Market Overview; Executive Summary - Data Table on Market Overview; Executive Summary - Chart on Country Market Characteristics; Executive Summary - Chart on Market Segmentation by Product; Executive Summary - Chart on Market Segmentation by Distribution Channel; Executive Summary - Chart on Market Segmentation by Material; Executive Summary - Chart on Market Segmentation by End-user; Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis: 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; 2.2 Criticality of inputs and Factors of differentiation; Overview on criticality of inputs and factors of differentiation; 2.3 Factors of disruption; Overview on factors of disruption; 2.4 Impact of drivers and challenges; Impact of drivers and challenges in 2024 and 2029
3 Market Landscape: 3.1 Market ecosystem; Parent Market; Data Table on - Parent Market; 3.2 Market characteristics; Market characteristics analysis; 3.3 Value chain analysis; Value chain analysis
4 Market Sizing: 4.1 Market definition; Offerings of companies included in the market definition; 4.2 Market segment analysis; Market segments; 4.3 Market size 2024; 4.4 Market outlook: Forecast for 2024-2029; Chart on South Korea - Market size and forecast 2024-2029 ($ million); Data Table on South Korea - Market size and forecast 2024-2029 ($ million); Chart on South Korea: Year-over-year growth 2024-2029 (%); Data Table on South Korea: Year-over-year growth 2024-2029 (%)
5 Historic Market Size: 5.1 Handbags Market in South Korea 2019 - 2023; Historic Market Size - Data Table on Handbags Market in South Korea 2019 - 2023 ($ million); 5.2 Product segment analysis 2019 - 2023; Historic Market Size - Product Segment 2019 - 2023 ($ million); 5.3 Distribution Channel segment analysis 2019 - 2023; Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million); 5.4 Material segment analysis 2019 - 2023; Historic Market Size - Material Segment 2019 - 2023 ($ million); 5.5 End-user segment analysis 2019 - 2023; Historic Market Size - End-user Segment 2019 - 2023 ($ million)
6 Qualitative Analysis: 6.1 Impact of AI in handbags market in South Korea
7 Five Forces Analysis: 7.1 Five forces summary; Five forces analysis - Comparison between 2024 and 2029; 7.2 Bargaining power of buyers; Bargaining power of buyers - Impact of key factors 2024 and 2029; 7.3 Bargaining power of suppliers; Bargaining power of suppliers - Impact of key factors in 2024 and 2029; 7.4 Threat of new entrants; Threat of new entrants - Impact of key factors in 2024 and 2029; 7.5 Threat of substitutes; Threat of substitutes - Impact of key factors in 2024 and 2029; 7.6 Threat of rivalry; Threat of rivalry - Impact of key factors in 2024 and 2029; 7.7 Market condition; Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product: 8.1 Market segments; Chart on Product - Market share 2024-2029 (%); Data Table on Product - Market share 2024-2029 (%); 8.2 Comparison by Product; Chart on Comparison by Product; Data Table on Comparison by Product; 8.3 Totes - Market size and forecast 2024-2029; Chart on Totes - Market size and forecast 2024-2029 ($ million); Data Table on Totes - Market size and forecast 2024-2029 ($ million); Chart on Totes - Year-over-year growth 2024-2029 (%); Data Table on Totes - Year-over-year growth 2024-2029 (%); 8.4 Clutches and wallets - Market size and forecast 2024-2029; Chart on Clutches and wallets - Market size and forecast 2024-2029 ($ million); Data Table on Clutches and wallets - Market size and forecast 2024-2029 ($ million); Chart on Clutches and wallets - Year-over-year growth 2024-2029 (%); Data Table on Clutches and wallets - Year-over-year growth 2024-2029 (%); 8.5 Shoulder bags - Market size and forecast 2024-2029; Chart on Shoulder bags - Market size and forecast 2024-2029 ($ million); Data Table on Shoulder bags - Market size and forecast 2024-2029 ($ million); Chart on Shoulder bags - Year-over-year growth 2024-2029 (%); Data Table on Shoulder bags - Year-over-year growth 2024-2029 (%); 8.6 Satchels and saddles - Market size and forecast 2024-2029; Chart on Satchels and saddles - Market size and forecast 2024-2029 ($ million); Data Table on Satchels and saddles - Market size and forecast 2024-2029 ($ million); Chart on Satchels and saddles - Year-over-year growth 2024-2029 (%); Data Table on Satchels and saddles - Year-over-year growth 2024-2029 (%); 8.7 Market opportunity by Product; Market opportunity by Product ($ million); Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Distribution Channel: 9.1 Market segments; Chart on Distribution Channel - Market share 2024-2029 (%); Data Table on Distribution Channel - Market share 2024-2029 (%); 9.2 Comparison by Distribution Channel; Chart on Comparison by Distribution Channel; Data Table on Comparison by Distribution Channel; 9.3 Offline - Market size and forecast 2024-2029; Chart on Offline - Market size and forecast 2024-2029 ($ million); Data Table on Offline - Market size and forecast 2024-2029 ($ million); Chart on Offline - Year-over-year growth 2024-2029 (%); Data Table on Offline - Year-over-year growth 2024-2029 (%); 9.4 Online - Market size and forecast 2024-2029; Chart on Online - Market size and forecast 2024-2029 ($ million); Data Table on Online - Market size and forecast 2024-2029 ($ million); Chart on Online - Year-over-year growth 2024-2029 (%); Data Table on Online - Year-over-year growth 2024-2029 (%); 9.5 Market opportunity by Distribution Channel; Market opportunity by Distribution Channel ($ million); Data Table on Market opportunity by Distribution Channel ($ million)
10 Market Segmentation by Material: 10.1 Market segments; Chart on Material - Market share 2024-2029 (%); Data Table on Material - Market share 2024-2029 (%); 10.2 Comparison by Material; Chart on Comparison by Material; Data Table on Comparison by Material; 10.3 Leather - Market size and forecast 2024-2029; Chart on Leather - Market size and forecast 2024-2029 ($ million); Data Table on Leather - Market size and forecast 2024-2029 ($ million); Chart on Leather - Year-over-year growth 2024-2029 (%); Data Table on Leather - Year-over-year growth 2024-2029 (%); 10.4 Fabric - Market size and forecast 2024-2029; Chart on Fabric - Market size and forecast 2024-2029 ($ million); Data Table on Fabric - Market size and forecast 2024-2029 ($ million); Chart on Fabric - Year-over-year growth 2024-2029 (%); Data Table on Fabric - Year-over-year growth 2024-2029 (%); 10.5 Market opportunity by Material; Market opportunity by Material ($ million); Data Table on Market opportunity by Material ($ million)
11 Market Segmentation by End-user: 11.1 Market segments; Chart on End-user - Market share 2024-2029 (%); Data Table on End-user - Market share 2024-2029 (%); 11.2 Comparison by End-user; Chart on Comparison by End-user; Data Table on Comparison by End-user; 11.3 Women - Market size and forecast 2024-2029; Chart on Women - Market size and forecast 2024-2029 ($ million); Data Table on Women - Market size and forecast 2024-2029 ($ million); Chart on Women - Year-over-year growth 2024-2029 (%); Data Table on Women - Year-over-year growth 2024-2029 (%); 11.4 Men - Market size and forecast 2024-2029; Chart on Men - Market size and forecast 2024-2029 ($ million); Data Table on Men - Market size and forecast 2024-2029 ($ million); Chart on Men - Year-over-year growth 2024-2029 (%); Data Table on Men - Year-over-year growth 2024-2029 (%); 11.5 Market opportunity by End-user; Market opportunity by End-user ($ million); Data Table on Market opportunity by End-user ($ million)
12 Customer Landscape: 12.1 Customer landscape overview; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Drivers, Challenges, and Opportunity/Restraints: 13.1 Market drivers; 13.2 Market challenges; 13.3 Impact of drivers and challenges; Impact of drivers and challenges in 2024 and 2029; 13.4 Market opportunities/restraints
14 Competitive Landscape: 14.1 Overview; 14.2 Competitive Landscape; Overview on criticality of inputs and factors of differentiation; 14.3 Landscape disruption; Overview on factors of disruption; 14.4 Industry risks; Impact of key risks on business
15 Competitive Analysis: 15.1 Companies profiled; Companies covered; 15.2 Company ranking index; Company ranking index; 15.3 Market positioning of companies; Matrix on companies position and classification; 15.4 Alexander Wang LLC; Alexander Wang LLC - Overview; Alexander Wang LLC - Product / Service; Alexander Wang LLC - Key offerings; SWOT; 15.5 Burberry Group Plc; Burberry Group Plc - Overview; Burberry Group Plc - Business segments; Burberry Group Plc - Key news; Burberry Group Plc - Key offerings; Burberry Group Plc - Segment focus; SWOT; 15.6 Capri Holdings Ltd.; Capri Holdings Ltd. - Overview; Capri Holdings Ltd. - Business segments; Capri Holdings Ltd. - Key offerings; Capri Holdings Ltd. - Segment focus; SWOT; 15.7 Chanel Ltd.; Chanel Ltd. - Overview; Chanel Ltd. - Product / Service; Chanel Ltd. - Key offerings; SWOT; 15.8 Guess Inc.; Guess Inc. - Overview; Guess Inc. - Business segments; Guess Inc. - Key news; Guess Inc. - Key offerings; Guess Inc. - Segment focus; SWOT; 15.9 Hermes International SA; Hermes International SA - Overview; Hermes International SA - Business segments; Hermes International SA - Key news; Hermes International SA - Key offerings; Hermes International SA - Segment focus; SWOT; 15.10 Kering SA; Kering SA - Overview; Kering SA - Business segments; Kering SA - Key news; Kering SA - Key offerings; Kering SA - Segment focus; SWOT; 15.11 LVMH Moet Hennessy Louis Vuitton SE; LVMH Moet Hennessy Louis Vuitton SE - Overview; LVMH Moet Hennessy Louis Vuitton SE - Business segments; LVMH Moet Hennessy Louis Vuitton SE - Key news; LVMH Moet Hennessy Louis Vuitton SE - Key offerings; LVMH Moet Hennessy Louis Vuitton SE - Segment focus; SWOT; 15.12 MT Collection Co. Ltd; MT Collection Co. Ltd - Overview; MT Collection Co. Ltd - Product / Service; MT Collection Co. Ltd - Key offerings; SWOT; 15.13 Prada Spa; Prada Spa - Overview; Prada Spa - Product / Service; Prada Spa - Key offerings; SWOT; 15.14 PVH Corp.; PVH Corp. - Overview; PVH Corp. - Business segments; PVH Corp. - Key offerings; PVH Corp. - Segment focus; SWOT; 15.15 Sungjoo Group; Sungjoo Group - Overview; Sungjoo Group - Product / Service; Sungjoo Group - Key offerings; SWOT; 15.16 Tapestry Inc.; Tapestry Inc. - Overview; Tapestry Inc. - Business segments; Tapestry Inc. - Key news; Tapestry Inc. - Key offerings; Tapestry Inc. - Segment focus; SWOT; 15.17 Tory Burch LLC; Tory Burch LLC - Overview; Tory Burch LLC - Product / Service; Tory Burch LLC - Key offerings; SWOT
16 Appendix: 16.1 Scope of the report; 16.2 Inclusions and exclusions checklist; Inclusions checklist; Exclusions checklist; 16.3 Currency conversion rates for US$; Currency conversion rates for US$; 16.4 Research methodology; Research methodology; 16.5 Data procurement; Information sources; 16.6 Data validation; Data validation; 16.7 Validation techniques employed for market sizing; Validation techniques employed for market sizing; 16.8 Data synthesis; Data synthesis; 16.9 360 degree market analysis; 360 degree market analysis; 16.10 List of abbreviations; List of abbreviations; Exhibits:; Exhibits1: Executive Summary - Chart on Market Overview; Exhibits2: Executive Summary - Data Table on Market Overview; Exhibits3: Executive Summary - Chart on Country Market Characteristics; Exhibits4: Executive Summary - Chart on Market Segmentation by Product; Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel; Exhibits6: Executive Summary - Chart on Market Segmentation by Material; Exhibits7: Executive Summary - Chart on Market Segmentation by End-user; Exhibits8: Executive Summary - Chart on Company Market Positioning; Exhibits9: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits10: Overview on criticality of inputs and factors of differentiation; Exhibits11: Overview on factors of disruption; Exhibits12: Impact of drivers and challenges in 2024 and 2029; Exhibits13: Parent Market; Exhibits14: Data Table on - Parent Market; Exhibits15: Market characteristics analysis; Exhibits16: Value chain analysis; Exhibits17: Offerings of companies included in the market definition; Exhibits18: Market segments; Exhibits19: Chart on South Korea - Market size and forecast 2024-2029 ($ million); Exhibits20: Data Table on South Korea - Market size and forecast 2024-2029 ($ million); Exhibits21: Chart on South Korea: Year-over-year growth 2024-2029 (%); Exhibits22: Data Table on South Korea: Year-over-year growth 2024-2029 (%); Exhibits23: Historic Market Size - Data Table on Handbags Market in South Korea 2019 - 2023 ($ million); Exhibits24: Historic Market Size - Product Segment 2019 - 2023 ($ million); Exhibits25: Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million); Exhibits26: Historic Market Size - Material Segment 2019 - 2023 ($ million); Exhibits27: Historic Market Size - End-user Segment 2019 - 2023 ($ million); Exhibits28: Five forces analysis - Comparison between 2024 and 2029; Exhibits29: Bargaining power of buyers - Impact of key factors 2024 and 2029; Exhibits30: Bargaining power of suppliers - Impact of key factors in 2024 and 2029; Exhibits31: Threat of new entrants - Impact of key factors in 2024 and 2029; Exhibits32: Threat of substitutes - Impact of key factors in 2024 and 2029; Exhibits33: Threat of rivalry - Impact of key factors in 2024 and 2029; Exhibits34: Chart on Market condition - Five forces 2024 and 2029; Exhibits35: Chart on Product - Market share 2024-2029 (%); Exhibits36: Data Table on Product - Market share 2024-2029 (%); Exhibits37: Chart on Comparison by Product; Exhibits38: Data Table on Comparison by Product; Exhibits39: Chart on Totes - Market size and forecast 2024-2029 ($ million); Exhibits40: Data Table on Totes - Market size and forecast 2024-2029 ($ million); Exhibits41: Chart on Totes - Year-over-year growth 2024-2029 (%); Exhibits42: Data Table on Totes - Year-over-year growth 2024-2029 (%); Exhibits43: Chart on Clutches and wallets - Market size and forecast 2024-2029 ($ million); Exhibits44: Data Table on Clutches and wallets - Market size and forecast 2024-2029 ($ million); Exhibits45: Chart on Clutches and wallets - Year-over-year growth 2024-2029 (%); Exhibits46: Data Table on Clutches and wallets - Year-over-year growth 2024-2029 (%); Exhibits47: Chart on Shoulder bags - Market size and forecast 2024-2029 ($ million); Exhibits48: Data Table on Shoulder bags - Market size and forecast 2024-2029 ($ million); Exhibits49: Chart on Shoulder bags - Year-over-year growth 2024-2029 (%); Exhibits50: Data Table on Shoulder bags - Year-over-year growth 2024-2029 (%); Exhibits51: Chart on Satchels and saddles - Market size and forecast 2024-2029 ($ million); Exhibits52: Data Table on Satchels and saddles - Market size and forecast 2024-2029 ($ million); Exhibits53: Chart on Satchels and saddles - Year-over-year growth 2024-2029 (%); Exhibits54: Data Table on Satchels and saddles - Year-over-year growth 2024-2029 (%); Exhibits55: Market opportunity by Product ($ million); Exhibits56: Data Table on Market opportunity by Product ($ million); Exhibits57: Chart on Distribution Channel - Market share 2024-2029 (%); Exhibits58: Data Table on Distribution Channel - Market share 2024-2029 (%); Exhibits59: Chart on Comparison by Distribution Channel; Exhibits60: Data Table on Comparison by Distribution Channel; Exhibits61: Chart on Offline - Market size and forecast 2024-2029 ($ million); Exhibits62: Data Table on Offline - Market size and forecast 2024-2029 ($ million); Exhibits63: Chart on Offline - Year-over-year growth 2024-2029 (%); Exhibits64: Data Table on Offline - Year-over-year growth 2024-2029 (%); Exhibits65: Chart on Online - Market size and forecast 2024-2029 ($ million); Exhibits66: Data Table on Online - Market size and forecast 2024-2029 ($ million); Exhibits67: Chart on Online - Year-over-year growth 2024-2029 (%); Exhibits68: Data Table on Online - Year-over-year growth 2024-2029 (%); Exhibits69: Market opportunity by Distribution Channel ($ million); Exhibits70: Data Table on Market opportunity by Distribution Channel ($ million); Exhibits71: Chart on Material - Market share 2024-2029 (%); Exhibits72: Data Table on Material - Market share 2024-2029 (%); Exhibits73: Chart on Comparison by Material; Exhibits74: Data Table on Comparison by Material; Exhibits75: Chart on Leather - Market size and forecast 2024-2029 ($ million); Exhibits76: Data Table on Leather - Market size and forecast 2024-2029 ($ million); Exhibits77: Chart on Leather - Year-over-year growth 2024-2029 (%); Exhibits78: Data Table on Leather - Year-over-year growth 2024-2029 (%); Exhibits79: Chart on Fabric - Market size and forecast 2024-2029 ($ million); Exhibits80: Data Table on Fabric - Market size and forecast 2024-2029 ($ million); Exhibits81: Chart on Fabric - Year-over-year growth 2024-2029 (%); Exhibits82: Data Table on Fabric - Year-over-year growth 2024-2029 (%); Exhibits83: Market opportunity by Material ($ million); Exhibits84: Data Table on Market opportunity by Material ($ million); Exhibits85: Chart on End-user - Market share 2024-2029 (%); Exhibits86: Data Table on End-user - Market share 2024-2029 (%); Exhibits87: Chart on Comparison by End-user; Exhibits88: Data Table on Comparison by End-user; Exhibits89: Chart on Women - Market size and forecast 2024-2029 ($ million); Exhibits90: Data Table on Women - Market size and forecast 2024-2029 ($ million); Exhibits91: Chart on Women - Year-over-year growth 2024-2029 (%); Exhibits92: Data Table on Women - Year-over-year growth 2024-2029 (%); Exhibits93: Chart on Men - Market size and forecast 2024-2029 ($ million); Exhibits94: Data Table on Men - Market size and forecast 2024-2029 ($ million); Exhibits95: Chart on Men - Year-over-year growth 2024-2029 (%); Exhibits96: Data Table on Men - Year-over-year growth 2024-2029 (%); Exhibits97: Market opportunity by End-user ($ million); Exhibits98: Data Table on Market opportunity by End-user ($ million); Exhibits99: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits100: Impact of drivers and challenges in 2024 and 2029; Exhibits101: Overview on criticality of inputs and factors of differentiation; Exhibits102: Overview on factors of disruption; Exhibits103: Impact of key risks on business; Exhibits104: Companies covered; Exhibits105: Company ranking index; Exhibits106: Matrix on companies position and classification; Exhibits107: Alexander Wang LLC - Overview; Exhibits108: Alexander Wang LLC - Product / Service; Exhibits109: Alexander Wang LLC - Key offerings; Exhibits110: SWOT; Exhibits111: Burberry Group Plc - Overview; Exhibits112: Burberry Group Plc - Business segments; Exhibits113: Burberry Group Plc - Key news; Exhibits114: Burberry Group Plc - Key offerings; Exhibits115: Burberry Group Plc - Segment focus; Exhibits116: SWOT; Exhibits117: Capri Holdings Ltd. - Overview; Exhibits118: Capri Holdings Ltd. - Business segments; Exhibits119: Capri Holdings Ltd. - Key offerings; Exhibits120: Capri Holdings Ltd. - Segment focus; Exhibits121: SWOT; Exhibits122: Chanel Ltd. - Overview; Exhibits123: Chanel Ltd. - Product / Service; Exhibits124: Chanel Ltd. - Key offerings; Exhibits125: SWOT; Exhibits126: Guess Inc. - Overview; Exhibits127: Guess Inc. - Business segments; Exhibits128: Guess Inc. - Key news; Exhibits129: Guess Inc. - Key offerings; Exhibits130: Guess Inc. - Segment focus; Exhibits131: SWOT; Exhibits132: Hermes International SA - Overview; Exhibits133: Hermes International SA - Business segments; Exhibits134: Hermes International SA - Key news; Exhibits135: Hermes International SA - Key offerings; Exhibits136: Hermes International SA - Segment focus; Exhibits137: SWOT; Exhibits138: Kering SA - Overview; Exhibits139: Kering SA - Business segments