South Korea Footwear Retail Market Summary, Competitive Analysis and Forecast to 2027

South Korea Footwear Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Footwear Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe footwear market includes total revenues generated through the sales of all types of men's, women's, and children's shoes.The South Korean footwear market had total revenues of $9.5 billion in 2022, representing a compound annual growth rate (CAGR) of 1.6% between 2017 and 2022.The women's footwear segment accounted for the market's largest proportion in 2022, with total revenues of $5.1 billion, equivalent to 54% of the market's overall value.The growth of the footwear market in recent years can be partly attributed to the rise of e-commerce and social commerce, as well as the increasing popularity of internet access worldwide. For instance, according to in-house research, the South Korean e-commerce market value stood at $147.8 billion in 2022, an increase from $120.5 billion in the previous year.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the footwear retail market in South KoreaUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the footwear retail market in South KoreaLeading company profiles reveal details of key footwear retail market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the South Korea footwear retail market with five year forecastsReasons to BuyWhat was the size of the South Korea footwear retail market by value in 2022?What will be the size of the South Korea footwear retail market in 2027?What factors are affecting the strength of competition in the South Korea footwear retail market?How has the market performed over the last five years?What are the main segments that make up South Korea's footwear retail market?