Watches in South Korea
|出版日||ページ情報||英文 16 Pages
Chinese tourists returned to South Korea in their droves in 2019 after 2018 saw a strong decline in the numbers of visitors from China. This was primarily due to political tensions between the Chinese and South Korean governments due to the deployment of THAAD (Terminal High Altitude Area Defence). Sales of high watches are strongly reliant on demand among Chinese tourists and thus the return of huge numbers of visitors from China, many of whom were in South Korea specifically to go shopping, wa...
Euromonitor International's Watchesin South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2014-2018), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2023 illustrate how the market is set to change.
Product coverage: Watches by Price Band, Watches by type.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
LIST OF CONTENTS AND TABLES
Chinese Tourists Return To South Korea, Supporting Sales Growth in High Watches
Department Stores at the Forefront of Watches Retailing As High Spending Consumers Enjoy the Experience Such Outlets Provide
Rising Health Consciousness Has Implications for Sales of Watches
Breitling and Audemars Piguet Maintain A High Profile in the Fragmented Competitive Environment Dominated by "others"
Price Increases Do Not Deter Wealthy Buyers of High Watches
Luxury Watch Brands Increasingly Self-distributing in South Korea
Sales Growth Driven by Younger Consumers Amidst A General Economic Slowdown
Polarisation of Demand Continues To Squeeze Mid-priced Brands
International Luxury Goods Companies and Brands Continue To Lead Sales
Department Stores Remains Dominant Despite Challenges From Internet Retailing and TV Homeshopping
Muted Demand Among Locals To Be Mitigated by Rising Spending Among Foreign Tourists