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 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.
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.
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 |