South Korea Sports Apparel Market Size & Outlook
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South Korea sports apparel market highlights
- The South Korea sports apparel market generated a revenue of USD 130.0 million in 2022 and is expected to reach USD 225.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, t-shirts and tops was the largest revenue generating product in 2022.
- T-Shirts and Tops is the most lucrative product segment registering the fastest growth during the forecast period.
Sports apparel market data book summary
| Market revenue in 2022 | USD 130.0 million |
| Market revenue in 2030 | USD 225.5 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | T-shirts and tops |
| Fastest growing segment | T-Shirts and Tops |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | T-Shirts and Tops, Sweatshirts and Hoodies, Jackets, Bottomwear |
| Key market players worldwide | Adidas AG, Nike Inc Class B, Amer Sports Inc, Frasers Group PLC, JD Sports Fashion PLC, Gap Inc, Columbia Sportswear Co, Under Armour Inc Class A, Lotto Sport Italia Spa, Billabong International, Jockey International |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.5% of the global sports apparel market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China sports apparel market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 145.1 million by 2030.
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Sports Apparel Market Scope
Sports Apparel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jockey International | View profile | 5001-10000 | Kenosha, Wisconsin, United States, North America | http://www.jockey.com |
| Billabong International | View profile | 10001+ | Burleigh Heads, Queensland, Australia, Oceania | https://www.billabong.es |
| Lotto Sport Italia Spa | View profile | 501-1000 | Trevignano, Lazio, Italy, Europe | http://www.lottosport.com |
| JD Sports Fashion PLC | View profile | 83852 | Hollinsbrook Way, Pilsworth, Bury, Lancashire, United Kingdom, BL9 8RR | https://www.jdplc.com |
| Frasers Group PLC | View profile | 32480 | Unit A, Brook Park East, Shirebrook, United Kingdom, NG20 8RY | https://www.frasers.group |
| Amer Sports Inc | View profile | 11400 | Konepajankuja 6, Helsinki, Finland, 00511 | https://www.amersports.com |
| Columbia Sportswear Co | View profile | 10070 | 14375 Northwest Science Park Drive, Portland, OR, United States, 97229 | http://www.columbia.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
| Gap Inc | View profile | 85000 | Two Folsom Street, San Francisco, CA, United States, 94105 | https://www.gapinc.com |
| Under Armour Inc Class A | View profile | 14800 | 1020 Hull Street, Baltimore, MD, United States, 21230 | https://www.underarmour.com |
South Korea sports apparel 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 sports apparel market will help companies and investors design strategic landscapes.
T-shirts and tops was the largest segment with a revenue share of 39.92% in 2022. Horizon Databook has segmented the South Korea sports apparel market based on t-shirts and tops, sweatshirts and hoodies, jackets, bottomwear covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of sports apparel market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea sports apparel market , including forecasts for subscribers. This country databook contains high-level insights into South Korea sports apparel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea sports apparel market size, by product, 2018-2030 (US$M)
South Korea Sports Apparel Market Outlook Share, 2022 & 2030 (US$M)
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