Luxury Jewellery in South Korea
LUXURY JEWELLERY IN SOUTH KOREA
Euromonitor International
February 2019
LIST OF CONTENTS AND TABLES
Headlines
Prospects
Wedding Market Continues To Influence the Category
Rising Popularity of Bridge Jewellery A Threat To Luxury Jewellery
Male Consumers Start To Accessorise
Competitive Landscape
Traditional Jewellery Houses Lead the Category
Swarovski Struggles But Remains Among the Leaders in Luxury Jewellery
Category Data
Table 1 Sales of Luxury Jewellery by Category: Value 2013-2018
Table 2 Sales of Luxury Jewellery by Category: % Value Growth 2013-2018
Table 3 NBO Company Shares of Luxury Jewellery: % Value 2013-2017
Table 4 LBN Brand Shares of Luxury Jewellery: % Value 2014-2017
Table 5 Distribution of Luxury Jewellery by Format: % Value 2013-2018
Table 6 Forecast Sales of Luxury Jewellery by Category: Value 2018-2023
Table 7 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2018-2023
Executive Summary
Strong and Steady Domestic Demand Supports Luxury Goods in 2018
Luxury Goods Appeal To Many Consumers
Daimler AG Leads Luxury Goods in 2017
Retailing Disruptors Work As A Blind Spot for Luxury Goods
Retail Value Growth and Government Support Expected
Market Indicators
Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018
Market Data
Table 9 Sales of Luxury Goods by Category: Value 2013-2018
Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023
Sources
Summary 1 Research Sources
The decline in the number of marriages occurring negatively affected jewellery in general but not luxury jewellery. The average age of first marriages continued to rise – women at age 30 and men 33 in 2017. Consumers in this age bracket typically are more affluent than those in their 20s and tend to purchase luxury brands for wedding jewellery. The brand matters to these consumers and they do not mind the unit price difference with non-luxury brands.
Euromonitor International's Luxury Jewellery in South Korea report offers a comprehensive guide to the size and shape of the Luxury Jewellery market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Jewellery retailing along with the development of consumers’ shopping patterns. Forecasts to 2023 illustrate how the market is set to change
Product coverage: Luxury Costume Jewellery, Luxury Fine Jewellery.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Luxury Jewellery market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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