Luxury Goods

  • South Korea
  • Revenue in the Luxury Goods market amounts to US$8,486m in 2022. The market is expected to grow annually by 6.86% (CAGR 2022-2025).
  • The market's largest segment is the segment Luxury Leather Goods with a market volume of US$2,470m in 2022.
  • In global comparison, most revenue is generated in the United States (US$75,386m in 2022).
  • In relation to total population figures, per person revenues of US$165.33 are generated in 2022.
  • In the Luxury Goods market, 41.6% of total revenue will be generated through online sales by 2022.
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