South Korea Handbag Market Size & Outlook, 2026-2033
The handbag market in South Korea is expected to reach a projected revenue of US$ 3,955.9 million by 2033. A compound annual growth rate of 6.8% is expected of South Korea handbag market from 2026 to 2033.
- Consumer Goods
- Clothing, Footwear & Accessories
- Handbag Market Outlook
- Clothing, Footwear & Accessories
Revenue, 2025 (US$M)
$2,339.5
Estimate, 2026 (US$M)
$2,489.2
Forecast, 2033 (US$M)
$3,955.9
CAGR, 2026 - 2033
6.8%
Global Market
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South Korea handbag market highlights
- The South Korea handbag market generated a revenue of USD 2,339.5 million in 2025 and is expected to reach USD 3,955.9 million by 2033.
- The South Korea market is expected to grow at a CAGR of 6.8% from 2026 to 2033.
- In terms of segment, leather was the largest revenue generating raw material in 2025.
- Leather is the most lucrative raw material segment registering the fastest growth during the forecast period.
Handbag market data book summary
| Market revenue in 2025 | USD 2,339.5 million |
| Market revenue in 2033 | USD 3,955.9 million |
| Growth rate | 6.8% (CAGR from 2026 to 2033) |
| Largest segment | Leather |
| Fastest growing segment | Leather |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leather, Fabric |
| Key market players worldwide | Lvmh Moet Hennessy Louis Vuitton SE, Hermes International SA, Capri Holdings Ltd, Fossil Group Inc, Kering SA, Prada SpA, Burberry Group PLC, Tapestry Inc, CHANEL, Compagnie Financiere Richemont SA Class A |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global handbag market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China handbag market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,503.5 million by 2033.
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Publish Date: Apr 27, 2026
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Handbag Market Scope
Handbag Market segmentation & scope
Handbag Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kering SA | View profile | 49,000 | 40 Rue de Sevres, Paris, France, 75007 | www.kering.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192,346 | 22, Avenue Montaigne, Paris, France, 75008 | www.lvmh.com |
| Fossil Group Inc | View profile | 6,100 | 901 S. Central Expressway, Richardson, TX, United States, 75080 | www.fossilgroup.com |
| Capri Holdings Ltd | View profile | 15,100 | 90 Whitfield Street, 2nd Floor, London, United Kingdom, W1T 4EZ | www.capriholdings.com |
| Burberry Group PLC | View profile | 9,336 | Horseferry Road, Horseferry House, London, United Kingdom, SW1P 2AW | www.burberryplc.com |
| Compagnie Financiere Richemont SA Class A | View profile | 37,117 | 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 | www.richemont.com |
| Prada SpA | View profile | 14,876 | Via Antonio Fogazzaro, 28, Milan, Italy, 20135 | www.pradagroup.com |
| CHANEL | View profile | 10001+ | Neuilly-sur-seine, Ile-de-France, France, Europe | www.chanel.com/us/ |
| Hermes International SA | View profile | 22,067 | 24 rue du Faubourg Saint Honore, Paris, France, 75008 | www.hermes.com |
| Tapestry Inc | View profile | 20,600 | 10 Hudson Yards, New York, NY, United States, 10001 | www.tapestry.com |
South Korea Handbag Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Handbag Market Outlook will help companies and investors design strategic landscapes.
Leather was the largest segment with a revenue share of 69.56% in 2025.
Horizon Databook has segmented the South Korea handbag market based on leather, fabric covering the revenue growth of each sub-segment from 2021 to 2033.
- South Korea Handbag Market Raw Material Outlook (Revenue, USD Million , 2021-2033)
- Leather
- Fabric
- Others
- South Korea Handbag Market Product Outlook (Revenue, USD Million , 2021-2033)
- Tote Bag
- Clutch
- Satchel
- Others
- South Korea Handbag Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
- Online
- Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Handbag Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Handbag Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Handbag Market, 2021-2033 (US$M)
South Korea handbag market statistics, by raw material, 2021-2033 (US$M)
