Korea Luxury Leather Goods Market Size & Outlook, 2025-2033


Korea Luxury Leather Goods Market Insights

  • As per Deep Market Insights insights, the Korea Luxury Leather Goods Market stood at USD 0.89 Billion in 2024 and is anticipated to grow to USD 1.44 Billion by 2033.
  • The Korea market is expected to advance at a CAGR of 5.56% from 2025 through 2033.
  • In 2024, Handbags & luggage accounted for the highest share of the Product market size.
  • During the forecast period, Footwear is set to register the highest growth, making it the most lucrative Product segment.

Other Key Findings


  • Korea accounted for 0.85% of the global Luxury Leather Goods 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 Leather Goods Market size by 2033.
  • India will be the fastest-growing market in Asia Pacific, projected to achieve USD 5.37 Billion 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 0.89 Billion
Market Size In 2033 USD 1.44 Billion
Largest segment Handbags & luggage
Units Revenue in USD Billion
CAGR 5.56% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Product
  1. Handbags & luggage
  2. Small leather goods
  3. Footwear
  4. Belts
Price tier
  1. Accessible luxury
  2. High luxury
Distribution
  1. Flagship stores
  2. Department stores
  3. E-commerce
  4. Travel retail

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