Clothing & Footwear Retailing in South Korea Industry (2019)

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Clothing Footwear Retailing in South
Korea 2019
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Summary
South Koreas retail market for clothing is
estimated to grow at a robust CAGR of 7 over the
next five years, to reach KRW34,345 billion by
the end of 2019. The share of the clothing sector
in overall retail sales is set to reach 9.3 by
2019, from 8.4 in 2014. As of 2014, the footwear
category captured a 2.5 share of the overall
retail market in South Korea. The footwear market
is expected to reach a value of KRW11,181 billion
in 2019, growing at a CAGR of 8.8 during
2014-2019. The footwear category is expected to
witness robust growth over the analysis period
backed by strong demand for quality footwear.
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Key Findings Increasing penetration of
smartphones, wider choice of products and
convenience is driving the sales of clothing and
footwear through the online channel. Footwear
sales are expected to grow at a robust CAGR of
8.8 during 2014-2019 Department stores
command the major share, accounting for 41.6 of
total sales in the clothing sector.
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Synopsis Clothing Footwear Retailing in South
Korea Market Summary Forecasts is a detailed
sector report providing a comprehensive analysis
of the emerging trends, forecasts and
opportunities to 2019. What else does this
report offer? A thorough analysis of consumer
trends changing economic and population factors
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Both qualitative and quantitative insights and
analysis of the shifting clothing and footwear
retail dynamics for mens clothing, womens
clothing, childrens clothing, mens footwear,
womens footwear, and childrens footwear from
2009 to 2019 Sales of clothing and footwear
products through the following channels from 2009
to 2019 Clothing, footwear, accessories and
luxury goods specialists department stores
other specialist retailers online hypermarkets,
supermarkets and hard-discounters value, variety
stores and general merchandise retailers other
general and non-specialist direct retailers cash
and carries and warehouse clubs and duty free
retailers
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Reasons To Buy Gain a comprehensive knowledge
on clothing and footwear sector in the South
Korea retail market and develop a competitive
advantage from the start of your supply chain
Investigate current and forecast behaviour trends
in clothing and footwear category to identify the
best opportunities to exploit Analyze the
recommended actions to align your marketing
strategies with the crucial trends influencing
the consumer behavior
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Understand the fastest growing categories
including menswear, womenswear, childrenswear,
mens footwear, womens footwear and childrens
footwear in the market, with insights on
performance across key channels from 2009, with
forecasts until 2019 Explore novel
opportunities that will allow you to align your
product offerings and strategies to meet demand
by analyzing the vital economic and population
trends, key consumer and technology trends
influencing the clothing and footwear market
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Table of Contents
1 Introduction 2 Executive Summary Outlook 3
Market Context 4 South Korean Shoppers 5 Doing
Business in South Korea 6 Retail Product
Sectors 7 Appendix
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To view the full Executive Summary and Table
of Contents, please visit Clothing Footwear
Retailing in South Korea2019 Contact Us-
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