Jewelry and Watches in South Korea

Jewelry and Watches in South Korea

  • January 2020 •
  • 44 pages •
  • Report ID: 5368974 •
  • Format: PDF
Jewelry and Watches in South Korea

Summary
Jewelry and Watches in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The Jewelry, Watches and Accessories market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds and rubies), pearls (natural and cultured) and semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), fashion jewelry (non-precious jewelry), hair accessories, belts, hats, gloves, scarves, sunglasses and ties, plus watches.
- The South Korean jewelry and watches market had total revenues of $11,285.6m in 2018, representing a compound annual growth rate (CAGR) of 10.9% between 2014 and 2018.
- The accessories segment was the market’s most lucrative in 2018, with total revenues of $6,380.6m, equivalent to 56.5% of the market’s overall value.
- South Korea is considered to be a very exciting market for the future in jewelry and watches. Stable economic growth, low income inequality, and the industrial hubs of Seoul and Gyeonggi-do have fuelled spending on luxury goods.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the jewelry & watches market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watches market in South Korea
- Leading company profiles reveal details of key jewelry & watches market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea jewelry & watches market with five year forecasts

Reasons to Buy

- What was the size of the South Korea jewelry & watches market by value in 2018?
- What will be the size of the South Korea jewelry & watches market in 2023?
- What factors are affecting the strength of competition in the South Korea jewelry & watches market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea’s jewelry & watches market?
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