Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Footwear - South Korea

South Korea

In South Korea, the revenue generated in the Luxury Footwear market is projected to reach €0.42bn in 2024.
This market is expected to experience an annual growth rate of 5.48% (CAGR 2024-2028).
When compared globally, in the United States leads in terms of revenue generation, with a projected amount of €6,619m in 2024.
In relation to the total population, this translates to per person revenues of €8.21 in 2024.
Luxury footwear brands in South Korea are capitalizing on the growing demand for unique, high-quality designs among affluent consumers.

Key regions: France, South Korea, Italy, Singapore, Japan

Mercado

Región

Comparación de regiones

Moneda

Methodology

The Luxury Footwear market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Footwear industry.