Nina Jobst
Research expert covering South Korea
Apparel industry in South Korea - statistics & facts
South Korea's capital city Seoul is developing into a fashion capital, hosting events like the Seoul Fashion week. The country's fashion market size stood at over 48.4 trillion South Korean won. With this, the Korean fashion had not only recovered from the slow down during the pandemic but set a new domestic record. The luxury goods and bags market, the trendy street casual wear market, and the sports shoe market especially drove this growth. In fact, casual wear remained a strong segment in the industry throughout all recent phases of market development.
