South Korea Footwear Market to 2032

Overview

The South Korea Footwear Market is expected to reach a 18,227.62 USD Billion by 2032 and is projected to grow at a CAGR of 8.28% from 2025 to 2032.

Revenue, 2024 (USD Billion)
11,034.61
Forecast, 2032 (USD Billion)
18,227.62
CAGR, 2024 - 2032
8.28%
Report Coverage
South Korea

South Korea Footwear Market 2018-2032 USD Billion

South Korea Footwear Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 11,034.61 USD Billion
  • Projected Market Size (2032): 18,227.62 USD Billion
  • CAGR (2025-2032): 8.28%

Key Findings of South Korea Footwear Market

  • The South Korea Footwear Market was valued at 11,034.61 USD Billion in 2024.
  • The South Korea Footwear Market is likely to grow at a CAGR of 8.28% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Men in End User Segment accounted for the largest share of the market with a revenue of 11,000.79 USD Billion
  • The fastest growing segment Shoes in Type Segment grew Fastest with a CAGR of 9.68% during the forecast period from 2024 to 2032.

South Korea Footwear Market Scope

South Korea Footwear Market Segmentation & Scope
Distribution Channel
  • Others
  • E-Commerce
  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Convenience Stores
Soling Material
  • Others
  • Leather
  • Plastic
  • Rubber
Shoe Material
  • Others
  • Leather
  • Textile
  • Plastic
  • Rubber
End User
  • Children
  • Women
  • Men
Type
  • Others
  • Healthcare Shoes
  • Athletic
  • Boots
  • Ballerinas
  • Loafer
  • Shoes
  • Wedges
  • Sandals/Flip-Flops

South Korea Footwear Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 11,034.61 USD Billion
Market Value in 2032 18,227.62 USD Billion
CAGR (2025-2032) 8.28%
Historic Data 2016-2023
Market Segments Covered Distribution Channel,Soling Material,Shoe Material,End User,Type

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 11,034.61 USD Billion in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 11,034.61 USD Billion in 2024.

Segments and Scope

  • South Korea Footwear Market to 2032, By Distribution Channel
    • Convenience Stores is the largest segment in South Korea Footwear Market to 2032 with a revenue of 4,509.45 USD Billion in the year 2024.
    • E-Commerce is the Fastest growing segment in South Korea Footwear Market to 2032 with a Growth rate of 8.72 % in forecast period 2025-2032.
  • South Korea Footwear Market to 2032, By Soling Material
    • Rubber is the largest segment in South Korea Footwear Market to 2032 with a revenue of 5,177.32 USD Billion in the year 2024.
    • Rubber is the Fastest growing segment in South Korea Footwear Market to 2032 with a Growth rate of 8.67 % in forecast period 2025-2032.
  • South Korea Footwear Market to 2032, By Shoe Material
    • Rubber is the largest segment in South Korea Footwear Market to 2032 with a revenue of 4,384.11 USD Billion in the year 2024.
    • Rubber is the Fastest growing segment in South Korea Footwear Market to 2032 with a Growth rate of 9.27 % in forecast period 2025-2032.
  • South Korea Footwear Market to 2032, By End User
    • Men is the largest segment in South Korea Footwear Market to 2032 with a revenue of 11,000.79 USD Billion in the year 2024.
    • Children is the Fastest growing segment in South Korea Footwear Market to 2032 with a Growth rate of 8.29 % in forecast period 2025-2032.
  • South Korea Footwear Market to 2032, By Type
    • Sandals/Flip-Flops is the largest segment in South Korea Footwear Market to 2032 with a revenue of 3,687.44 USD Billion in the year 2024.
    • Shoes is the Fastest growing segment in South Korea Footwear Market to 2032 with a Growth rate of 8.64 % in forecast period 2025-2032.

South Korea Footwear Market Company Share Analysis

 
Company Name Company Share Analysis
adidas AG
Nike, Inc.
VF Corporation
KERING
Deichmann SE 
South Korea Footwear Market Company Share Analysis

South Korea Footwear Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Footwear Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Footwear Market Company Profiling

South Korea Footwear Market Company Profiling
Frequently Asked Questions
The South Korea Footwear Market is segmented based on Segmentation Distribution Channel,Soling Material,Shoe Material,End User,Type.
South Korea Footwear Market was valued at USD 11,034.61(Revenue in USD Billion) in 2022.
South Korea Footwear Market is projected to grow at a CAGR of 8.28% during the forecast period of 2024 to 2032.
The Men segment is expected to dominate the South Korea Footwear Market, holding a largest market share of 11,000.79 USD Billion in 2024

South Korea Footwear Market Scope

South Korea Footwear Market Segmentation & Scope
Distribution Channel
  • Others
  • E-Commerce
  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Convenience Stores
Soling Material
  • Others
  • Leather
  • Plastic
  • Rubber
Shoe Material
  • Others
  • Leather
  • Textile
  • Plastic
  • Rubber
End User
  • Children
  • Women
  • Men
Type
  • Others
  • Healthcare Shoes
  • Athletic
  • Boots
  • Ballerinas
  • Loafer
  • Shoes
  • Wedges
  • Sandals/Flip-Flops
Frequently Asked Questions
The South Korea Footwear Market is segmented based on Segmentation Distribution Channel,Soling Material,Shoe Material,End User,Type.
South Korea Footwear Market was valued at USD 11,034.61(Revenue in USD Billion) in 2022.
South Korea Footwear Market is projected to grow at a CAGR of 8.28% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Footwear Market for final year is USD 18,227.62 (USD Billion).

South Korea Footwear Market Company Profiling

South Korea Footwear Market Company Profiling
Frequently Asked Questions
The South Korea Footwear Market is segmented based on Segmentation Distribution Channel,Soling Material,Shoe Material,End User,Type.
South Korea Footwear Market was valued at USD 11,034.61(Revenue in USD Billion) in 2022.
South Korea Footwear Market is projected to grow at a CAGR of 8.28% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Footwear Market for final year is USD 18,227.62 (USD Billion).

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