Sports Equipment Retail in South Korea
Summary
Sports Equipment Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, 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
- The sports equipment retail market includes ball sports equipment, adventure sports equipment, fishing equipment, golf equipment, racket sports equipment, winter sports equipment, specialist footwear, and all other dedicated sports equipment. It includes non-motorized bicycles and their accessories. The market value represents the retail sales.
- The South Korean sports equipment retail market registered revenues of $8,263.1 million in 2023, representing a compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
- Other specialist retail channel accounted for the largest proportion of sales in the South Korean sports equipment market in 2023, sales through this channel generated $3,424.4 million, equivalent to 41.4% of the market's overall value.
- South Korea captured a share of 11.1% in the Asia-Pacific sports equipment retail market, in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the sports equipment retail market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sports equipment retail market in South Korea
- Leading company profiles reveal details of key sports equipment retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea sports equipment retail market with five year forecasts
- What was the size of the South Korea sports equipment retail market by value in 2023?
- What will be the size of the South Korea sports equipment retail market in 2028?
- What factors are affecting the strength of competition in the South Korea sports equipment retail market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's sports equipment retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Geography segmentation
- 1.4. Market rivalry
- 1.5. 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. Geography segmentation
- 4.2. Market distribution
- 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 players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. Kolon Industries Inc
- 8.2. Mizuno Corp
- 8.3. NIKE Inc
- 8.4. adidas AG
- 8.5. Li Ning Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Korea sports equipment retail market value: $ million, 2018-23
- Table 2: South Korea sports equipment retail market geography segmentation: $ million, 2023
- Table 3: South Korea sports equipment retail market distribution: % share, by value, 2023
- Table 4: South Korea sports equipment retail market value forecast: $ million, 2023-28
- Table 5: Kolon Industries Inc: key facts
- Table 6: Kolon Industries Inc: Annual Financial Ratios
- Table 7: Kolon Industries Inc: Key Employees
- Table 8: Mizuno Corp: key facts
- Table 9: Mizuno Corp: Annual Financial Ratios
- Table 10: Mizuno Corp: Key Employees
- Table 11: NIKE Inc: key facts
- Table 12: NIKE Inc: Annual Financial Ratios
- Table 13: NIKE Inc: Key Employees
- Table 14: NIKE Inc: Key Employees Continued
- Table 15: adidas AG: key facts
- Table 16: adidas AG: Annual Financial Ratios
- Table 17: adidas AG: Key Employees
- Table 18: adidas AG: Key Employees Continued
- Table 19: Li Ning Co Ltd: key facts
- Table 20: Li Ning Co Ltd: Annual Financial Ratios
- Table 21: Li Ning Co Ltd: Key Employees
- Table 22: South Korea exchange rate, 2018-23
- List of Figures
- Figure 1: South Korea sports equipment retail market value: $ million, 2018-23
- Figure 2: South Korea sports equipment retail market geography segmentation: % share, by value, 2023
- Figure 3: South Korea sports equipment retail market distribution: % share, by value, 2023
- Figure 4: South Korea sports equipment retail market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the sports equipment retail market in South Korea, 2023
- Figure 6: Drivers of buyer power in the sports equipment retail market in South Korea, 2023
- Figure 7: Drivers of supplier power in the sports equipment retail market in South Korea, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the sports equipment retail market in South Korea, 2023
- Figure 9: Factors influencing the threat of substitutes in the sports equipment retail market in South Korea, 2023
- Figure 10: Drivers of degree of rivalry in the sports equipment retail market in South Korea, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook