Luxury Leather Goods - South Korea

South Korea

In South Korea, the revenue generated by the Luxury Leather Goods market is estimated to reach US$1.51bn in 2024.
Looking ahead, the market is projected to experience an annual growth rate of 4.49% (CAGR 2024-2028).
When compared to other countries worldwide, in the United States leads in terms of revenue, with an expected amount of US$19,400m in 2024.
Considering the population, per person revenues in South Korea are anticipated to be US$29.20 in 2024.
South Korea's luxury leather goods market is flourishing, driven by the country's strong emphasis on fashion and high-quality craftsmanship.

Key regions: Italy, China, South Korea, United States, France

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The Luxury Leather Goods market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Leather Goods industry.