South Korea Fashion Accessories Market Size & Outlook

The fashion accessories market in South Korea is expected to reach a projected revenue of US$ 20,760.0 million by 2030. A compound annual growth rate of 7.6% is expected of South Korea fashion accessories market from 2025 to 2030.
Revenue, 2024 (US$M)
$13,573.7
Forecast, 2030 (US$M)
$20,760.0
CAGR, 2025 - 2030
7.6%
Report Coverage
South Korea

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South Korea fashion accessories market, 2018-2030 (US$M)

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South Korea fashion accessories market highlights

  • The South Korea fashion accessories market generated a revenue of USD 13,573.7 million in 2024 and is expected to reach USD 20,760.0 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 7.6% from 2025 to 2030.
  • In terms of segment, jewelry was the largest revenue generating product in 2024.
  • Handags & Purses is the most lucrative product segment registering the fastest growth during the forecast period.


Fashion accessories market data book summary

Market revenue in 2024USD 13,573.7 million
Market revenue in 2030USD 20,760.0 million
Growth rate7.6% (CAGR from 2025 to 2030)
Largest segmentJewelry
Fastest growing segmentHandags & Purses
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationJewelry, Watches, Handags & Purses, Belts & Wallets, Sunglasses
Key market players worldwideLvmh Moet Hennessy Louis Vuitton SE, Kering SA, Compagnie Financiere Richemont SA ADR, CHANEL, Hermes International SA, Burberry Group PLC, Michael Kors, Prada SpA, Tiffany & Co


Other key industry trends

  • In terms of revenue, South Korea accounted for 1.7% of the global fashion accessories market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China fashion accessories market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 108,095.2 million by 2030.

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Fashion Accessories Market Scope

Fashion accessories market segmentation & scope
Jewelry
Watches
Handags & Purses
Belts & Wallets
Sunglasses
Others
Hypermarkets & Supermarkets
Specialty Stores
Online
Others
Men
Women
Children

Fashion Accessories Market Companies

Name Profile # Employees HQ Website
Tiffany & Co View profile 10001+ New York, New York, United States, North America http://www.tiffany.com
Michael Kors View profile 5001-10000 New City, New York, United States, North America https://www.michaelkors.com/
Hermes International SA View profile 22067 24 rue du Faubourg Saint Honore, Paris, France, 75008 https://www.hermes.com
CHANEL View profile 10001+ Neuilly-sur-seine, Ile-de-France, France, Europe https://www.chanel.com/us/
Prada SpA View profile 14876 Via Antonio Fogazzaro, 28, Milan, Italy, 20135 https://www.pradagroup.com
Burberry Group PLC View profile 9336 Horseferry Road, Horseferry House, London, United Kingdom, SW1P 2AW https://www.burberryplc.com
Compagnie Financiere Richemont SA ADR View profile 37117 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 https://www.richemont.com
Lvmh Moet Hennessy Louis Vuitton SE View profile 192346 22, Avenue Montaigne, Paris, France, 75008 https://www.lvmh.com
Kering SA View profile 49000 40 Rue de Sevres, Paris, France, 75007 https://www.kering.com

South Korea fashion accessories market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fashion accessories market will help companies and investors design strategic landscapes.


Jewelry was the largest segment with a revenue share of 52.1% in 2024. Horizon Databook has segmented the South Korea fashion accessories market based on jewelry, watches, handags & purses, belts & wallets, sunglasses covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea fashion accessories market databook

  • Our clientele includes a mix of fashion accessories market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea fashion accessories market , including forecasts for subscribers. This country databook contains high-level insights into South Korea fashion accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea fashion accessories market size, by product, 2018-2030 (US$M)

South Korea Fashion Accessories Market Outlook Share, 2024 & 2030 (US$M)

South Korea fashion accessories market size, by product, 2018-2030 (US$M)

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