South Korea Sports Luggage Market (2020-2026) | Revenue, Trends, Size, Industry, Growth, Analysis, Forecast, Companies, Outlook, Value, COVID-19 IMPACT & Share

Market Forecast By Product Type (Golf, Ball Sports, Racket Sports, Hockey, Cricket, Others), By Applications (Professional Users, Recreational Users), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC011743 Publication Date: Jun 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

South Korea Sports Luggage Market Competition 2023

South Korea Sports Luggage market currently, in 2023, has witnessed an HHI of 2675, Which has decreased slightly as compared to the HHI of 3151 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 South Korea Sports Luggage Market Competition 2023

South Korea Export Potential Assessment For Sports Luggage Market (Values in USD Thousand)


South Korea Export Potential Assessment For Sports Luggage Market (Values in USD Thousand)

South Korea Sports Luggage Market Synopsis

The South Korea sports luggage market is expected to register a CAGR of 6.3% during the forecast period (2020-2026). Factors, such as increasing disposable income, rising trend of outdoor activities and growing demand for stylish luggage are driving the growth of the South Korea sports luggage market. The region has witnessed rapid urbanization in recent years and this has led to an increase in consumer spending on recreational activities, including leisure trips. This further fuels the demand for lightweight and durable sport luggages among consumers in South Korea. In addition, increasing awareness about health benefits associated with outdoor sporting activities provides ample opportunities for athletes across various age groups to purchase technologically advanced sports bags from leading brands like Nike, Reebok Adidas, Puma etc., which drives up the sales of sport luggages in South Korea. Moreover, manufacturers are focusing on launching new innovative products with increased storage space and modern features that cater to specific needs such as gym bags or travel backpacks with wheels.

However, availability of counterfeit products at low prices affects consumer preference towards branded bags adversely hampering growth prospects of original producers operating in this industry whereas high import duty charges hinder foreign players from entering into this emerging economy thereby restraining its overall progress over next few years.

Key Highlights of the Report:

  • South Korea Sports Luggage Market Outlook
  • Market Size of South Korea Sports Luggage Market, 2019
  • Forecast of South Korea Sports Luggage Market, 2026
  • Historical Data and Forecast of South Korea Sports Luggage Revenues & Volume for the Period 2016 - 2026
  • South Korea Sports Luggage Market Trend Evolution
  • South Korea Sports Luggage Market Drivers and Challenges
  • South Korea Sports Luggage Price Trends
  • South Korea Sports Luggage Porter's Five Forces
  • South Korea Sports Luggage Industry Life Cycle
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Product Type for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Golf for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Ball Sports for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Racket Sports for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Hockey for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Cricket for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Others for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Applications for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Professional Users for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Recreational Users for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Online for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Offline for the Period 2016 - 2026
  • South Korea Sports Luggage Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Applications
  • Market Opportunity Assessment By Distribution Channel
  • South Korea Sports Luggage Top Companies Market Share
  • South Korea Sports Luggage Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Sports Luggage Company Profiles
  • South Korea Sports Luggage Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 South Korea Sports Luggage Market Overview

3.1 South Korea Country Macro Economic Indicators

3.2 South Korea Sports Luggage Market Revenues & Volume, 2019 & 2026F

3.3 South Korea Sports Luggage Market - Industry Life Cycle

3.4 South Korea Sports Luggage Market - Porter's Five Forces

3.5 South Korea Sports Luggage Market Revenues & Volume Share, By Product Type, 2019 & 2026F

3.6 South Korea Sports Luggage Market Revenues & Volume Share, By Applications, 2019 & 2026F

3.7 South Korea Sports Luggage Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F

4 South Korea Sports Luggage Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 South Korea Sports Luggage Market Trends

6 South Korea Sports Luggage Market, By Types

6.1 South Korea Sports Luggage Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 South Korea Sports Luggage Market Revenues & Volume, By Product Type, 2016 - 2026F

6.1.3 South Korea Sports Luggage Market Revenues & Volume, By Golf, 2016 - 2026F

6.1.4 South Korea Sports Luggage Market Revenues & Volume, By Ball Sports, 2016 - 2026F

6.1.5 South Korea Sports Luggage Market Revenues & Volume, By Racket Sports, 2016 - 2026F

6.1.6 South Korea Sports Luggage Market Revenues & Volume, By Hockey, 2016 - 2026F

6.1.7 South Korea Sports Luggage Market Revenues & Volume, By Cricket, 2016 - 2026F

6.1.8 South Korea Sports Luggage Market Revenues & Volume, By Others, 2016 - 2026F

6.2 South Korea Sports Luggage Market, By Applications

6.2.1 Overview and Analysis

6.2.2 South Korea Sports Luggage Market Revenues & Volume, By Professional Users, 2016 - 2026F

6.2.3 South Korea Sports Luggage Market Revenues & Volume, By Recreational Users, 2016 - 2026F

6.3 South Korea Sports Luggage Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 South Korea Sports Luggage Market Revenues & Volume, By Online, 2016 - 2026F

6.3.3 South Korea Sports Luggage Market Revenues & Volume, By Offline, 2016 - 2026F

7 South Korea Sports Luggage Market Import-Export Trade Statistics

7.1 South Korea Sports Luggage Market Export to Major Countries

7.2 South Korea Sports Luggage Market Imports from Major Countries

8 South Korea Sports Luggage Market Key Performance Indicators

9 South Korea Sports Luggage Market - Opportunity Assessment

9.1 South Korea Sports Luggage Market Opportunity Assessment, By Product Type, 2019 & 2026F

9.2 South Korea Sports Luggage Market Opportunity Assessment, By Applications, 2019 & 2026F

9.3 South Korea Sports Luggage Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F

10 South Korea Sports Luggage Market - Competitive Landscape

10.1 South Korea Sports Luggage Market Revenue Share, By Companies, 2019

10.2 South Korea Sports Luggage Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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