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Apparel industry in South Korea – statistics & facts – Statista

Apparel industry in South Korea – statistics & facts – Statista

The South Korean fashion market size stood at around 20.68 trillion South Korean won, surpassing the value of the same time period the previous year. The Korean fashion market had declined due to the global economic downturn and the coronavirus outbreak. In the meantime, the luxury goods and bags market, the trendy street casual wear market, and the sports shoe market were leading the growth recovery of the fashion market. Impacted by the COVID-19 pandemic, the market for comfortable clothing such as loungewear and athleisure wear has grown significantly due to the increasing population working from home and staying at home. Show… 

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