Personal accessories posted moderate growth in 2017, significantly supported by the strong rise in current value sales of high mechanical watches and premium handbags. Most categories recorded sales growth, although the personal accessories market started to reach its maturity peak point. The impact of Chinese tourists continues to be significant, but the political issue involving the deployment of THAAD (Terminal High Altitude Area Defence system – a US missile defence platform) on South Korean soil may lead the tourist number to sharply decline in 2017. Brands that are especially popular among Chinese tourists are facing considerable sales decreases as China’s political retaliation becomes severe in 2017.
Personal Accessories in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2012-2016), 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 – be they new product developments, distribution or pricing issues. Forecasts to 2021 illustrate how the market is set to change.
Product coverage: Bags and Luggage, Jewellery, Watches, Writing Instruments.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Personal Accessories 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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