South Korea Leather Handbags Market Size & Outlook

The leather handbags market in South Korea is expected to reach a projected revenue of US$ 1,047.5 million by 2030. A compound annual growth rate of 6.8% is expected of South Korea leather handbags market from 2023 to 2030.
Revenue, 2022 (US$M)
$619.8
Forecast, 2030 (US$M)
$1,047.5
CAGR, 2023 - 2030
6.8%
Report Coverage
South Korea

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South Korea leather handbags market, 2018-2030 (US$M)

South Korea leather handbags market, 2018-2030 (US$M)

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South Korea leather handbags market highlights

  • The South Korea leather handbags market generated a revenue of USD 619.8 million in 2022 and is expected to reach USD 1,047.5 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
  • In terms of segment, tote bag was the largest revenue generating type in 2022.
  • Clutch is the most lucrative type segment registering the fastest growth during the forecast period.


Leather handbags market data book summary

Market revenue in 2022USD 619.8 million
Market revenue in 2030USD 1,047.5 million
Growth rate6.8% (CAGR from 2022 to 2030)
Largest segmentTote bag
Fastest growing segmentClutch
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTote Bag, Clutch, Satchel
Key market players worldwideAdidas AG, Nike Inc Class B, Puma SE, MillerKnoll Inc, Samsonite International SA, FILA Holdings, New Balance


Other key industry trends

  • In terms of revenue, South Korea accounted for 1.7% of the global leather handbags market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China leather handbags 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 7,582.2 million by 2030.

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Leather Handbags Market Scope

Leather handbags market segmentation & scope
Non-athletic
Non-Athletic Men Footwear
Non-Athletic Women Footwear
Non-Athletic Children Footwear
Men
Shirts
Pants
Suits, Coats & Jacket
Overalls
Others
Decorative Wall Hangings
Wallets
Card Holders
Seating Systems
Others
Tabletop decorative items
Phone Covers/Cases
Women
Others
Coats & Jackets
Skirts
Pants
Hanging Storage
Pouches
Watch Straps
Athletic
Athletic Men Footwear
Athletic Children Footwear
Athletic Women Footwear
Children
Skirts
Vests
Suits, Coats & Jackets
Chaps
Pants
Leather Furniture
Pet Collar and Leads
Leather Pet Toys

Leather Handbags Market Companies

Name Profile # Employees HQ Website
FILA Holdings View profile 251-500 Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.filaholdings.com/en/main/index.asp
New Balance View profile 5001-10000 Brighton, East Sussex, United Kingdom, Europe https://www.newbalance.co.uk
MillerKnoll Inc View profile 10900 855 East Main Avenue, P.O. Box 302, Zeeland, MI, United States, 49464 https://www.millerknoll.com
Puma SE View profile 21164 Puma Way 1, Herzogenaurach, BY, Germany, 91074 https://www.puma.com
Adidas AG View profile 59030 Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 https://www.adidas-group.com
Samsonite International SA View profile 12100 13-15, Avenue de la Liberte, Luxembourg, Luxembourg, L-1931 https://corporate.samsonite.com/en/home.html
Nike Inc Class B View profile 83700 One Bowerman Drive, Beaverton, OR, United States, 97005-6453 https://www.nike.com

South Korea leather handbags 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 leather handbags market will help companies and investors design strategic landscapes.


Tote bag was the largest segment with a revenue share of 26.02% in 2022. Horizon Databook has segmented the South Korea leather handbags market based on tote bag, clutch, satchel covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea leather handbags market , including forecasts for subscribers. This country databook contains high-level insights into South Korea leather handbags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea Type - Leather Handbags Market size, 2022 - 2030 (US$M)

South Korea Leather Handbags Market Outlook Share, 2022 & 2030 (US$M)

South Korea Type - Leather Handbags Market size, 2022 - 2030 (US$M)

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