South Korea Luxury Goods Market Outlook
According to a report by Expert Market Research (EMR), the South Korea luxury goods market size reached a value of USD 6.69 billion in 2023. Driven by an increase in affluent consumers, rising interest in premium lifestyle products, and the influence of global fashion trends, the market is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2032, reaching an estimated value of USD 10.02 billion by 2032
The luxury goods market in Sou