Korea Luxury Handbag Market Size & Outlook, 2025-2033


Korea Luxury Handbag Market Insights

  • Based on Deep Market Insights findings, the Korea Luxury Handbag Market reached USD 307.6 Million in 2024 and is estimated to attain USD 546.04 Million by 2033.
  • From 2025 to 2033, the Korea market is expected to grow at a steady CAGR of 6.5%.
  • Within the Type category, Sustainable Leather dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Sustainable Leather is forecasted to deliver the fastest growth, positioning it as the most lucrative Type segment.

Other Key Findings


  • Korea accounted for 1.32% of the global Luxury Handbag Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within Asia Pacific, China is forecasted to dominate the regional Luxury Handbag Market size by 2033.
  • Japan will be the fastest-growing market in Asia Pacific, projected to achieve USD 1455.53 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 307.6 Million
Market Size In 2033 USD 546.04 Million
Largest segment Sustainable Leather
Units Revenue in USD Million
CAGR 6.5% (2025-2033)
Segmnetation Covered
Type
  1. Sustainable Leather
  2. Sustainable PU Coated Leather
  3. Sustainable Bio Materials
  4. Sustainable Fabrics
End Users
  1. Offline
  2. Online
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends