South Korea Leather Goods Market to 2032
Overview
The South Korea Leather Goods Market is expected to reach a 23.21 USD Billion by 2032 and is projected to grow at a CAGR of 11.88% from 2025 to 2032.
Revenue, 2024 (USD Billion)
11.84
Forecast, 2032 (USD Billion)
23.21
CAGR, 2024 - 2032
11.88%
Report Coverage
South Korea
South Korea Leather Goods Market 2018-2032 USD Billion
South Korea Leather Goods Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 11.84 USD Billion
- Projected Market Size (2032): 23.21 USD Billion
- CAGR (2025-2032): 11.88%
Key Findings of South Korea Leather Goods Market
- The South Korea Leather Goods Market was valued at 11.84 USD Billion in 2024.
- The South Korea Leather Goods Market is likely to grow at a CAGR of 11.88% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment High-Grade in Grade Segment accounted for the largest share of the market with a revenue of 6.76 USD Billion
- The fastest growing segment Full Grain Leather in Leather Type Segment grew Fastest with a CAGR of 12.82% during the forecast period from 2024 to 2032.
South Korea Leather Goods Market Scope
South Korea Leather Goods Market Segmentation & Scope
Grade
- Mid-Grade
- High-Grade
Distribution Channel
- Others
- Supermarkets/Hypermarkets
- E-Commerce
- Company Franchised Stores
- Specialty Stores
Leather Type
- Bonded Leather
- Faux Leather
- Genuine Leather
- Top Grain Leather
- Split Grain Leather
- Full Grain Leather
Product
- Others
- Belts
- Wallets
- Luggage
- Apparel
- Handbags
- Footwear
South Korea Leather Goods Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 11.84 USD Billion |
| Market Value in 2032 | 23.21 USD Billion |
| CAGR (2025-2032) | 11.88% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Grade,Distribution Channel,Leather Type,Product |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 11.84 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 11,835.48 USD Million in 2024.
Segments and Scope
-
South Korea Leather Goods Market to 2032, By Grade
- High-Grade is the largest segment in South Korea Leather Goods Market to 2032 with a revenue of 6.76 USD Billion in the year 2024.
- High-Grade is the Fastest growing segment in South Korea Leather Goods Market to 2032 with a Growth rate of 12.24 % in forecast period 2025-2032.
-
South Korea Leather Goods Market to 2032, By Distribution Channel
- Specialty Stores is the largest segment in South Korea Leather Goods Market to 2032 with a revenue of 4.46 USD Billion in the year 2024.
- Specialty Stores is the Fastest growing segment in South Korea Leather Goods Market to 2032 with a Growth rate of 12.29 % in forecast period 2025-2032.
-
South Korea Leather Goods Market to 2032, By Leather Type
- Full Grain Leather is the largest segment in South Korea Leather Goods Market to 2032 with a revenue of 5.00 USD Billion in the year 2024.
- Full Grain Leather is the Fastest growing segment in South Korea Leather Goods Market to 2032 with a Growth rate of 12.82 % in forecast period 2025-2032.
-
South Korea Leather Goods Market to 2032, By Product
- Footwear is the largest segment in South Korea Leather Goods Market to 2032 with a revenue of 5.35 USD Billion in the year 2024.
- Footwear is the Fastest growing segment in South Korea Leather Goods Market to 2032 with a Growth rate of 12.53 % in forecast period 2025-2032.
South Korea Leather Goods Market Company Share Analysis
| Company Name |
|
||
| kering | |||
| PRADA S.P.A. | |||
| capri holdings limited | |||
| Hermès | |||
| Timberland | |||
South Korea Leather Goods Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Leather Goods Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Leather Goods Market is segmented based on Segmentation Grade,Distribution Channel,Leather Type,Product.
South Korea Leather Goods Market was valued at USD 11.84(Revenue in USD Billion) in 2021.
South Korea Leather Goods Market is projected to grow at a CAGR of 11.88% during the forecast period of 2024 to 2032.
The High-Grade segment is expected to dominate the South Korea Leather Goods Market, holding a largest market share of 6.76 USD Billion in 2024
South Korea Leather Goods Market Scope
South Korea Leather Goods Market Segmentation & Scope
Grade
- Mid-Grade
- High-Grade
Distribution Channel
- Others
- Supermarkets/Hypermarkets
- E-Commerce
- Company Franchised Stores
- Specialty Stores
Leather Type
- Bonded Leather
- Faux Leather
- Genuine Leather
- Top Grain Leather
- Split Grain Leather
- Full Grain Leather
Product
- Others
- Belts
- Wallets
- Luggage
- Apparel
- Handbags
- Footwear
Frequently Asked Questions
The South Korea Leather Goods Market is segmented based on Segmentation Grade,Distribution Channel,Leather Type,Product.
South Korea Leather Goods Market was valued at USD 11.84(Revenue in USD Billion) in 2021.
South Korea Leather Goods Market is projected to grow at a CAGR of 11.88% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Leather Goods Market for final year is USD 23.21 (USD Billion).
South Korea Leather Goods Market Company Profiling
Frequently Asked Questions
The South Korea Leather Goods Market is segmented based on Segmentation Grade,Distribution Channel,Leather Type,Product.
South Korea Leather Goods Market was valued at USD 11.84(Revenue in USD Billion) in 2021.
South Korea Leather Goods Market is projected to grow at a CAGR of 11.88% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Leather Goods Market for final year is USD 23.21 (USD Billion).
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