Leather Footwear - South Korea

  • South Korea
  • In South Korea, the revenue in the Leather Footwear segment is projected to reach €2.31bn by 2024.
  • This market is anticipated to grow annually by 4.74% (CAGR 2024-2028).
  • When compared globally, in the United States generates the highest revenue of €22,650.00m in 2024.
  • In terms of per capita revenue, the Leather Footwear segment is expected to generate €45.06 in 2024.
  • Looking ahead, the volume in the Leather Footwear segment is projected to reach 33.84m pairs by 2028.
  • In 2025, the segment is expected to show a volume growth of 2.7%.
  • The average volume per person in the Leather Footwear segment is predicted to reach 0.60pairs in 2024.
  • South Korea's leather footwear market is experiencing a surge in demand for high-quality, stylish products, driven by the country's fashion-conscious consumers.

Key regions: Germany, Australia, Europe, Philippines, India

Comparaison de régions

Analyst Opinion

The Leather Footwear segment is the second biggest of the Footwear market. Leather footwear is popular because of its durable and high-quality material. However, in the context of the fast-paced fashion industry, durable leather footwear can be perceived as old-fashioned when comparing it with the models from previous season’s.

The segment is projected to see the lowest increase in revenue between 2022 and 2027 due to increasing consumer interest in sustainability and environmental issues and therefore in buying more eco-friendly shoes. Regardless of these factors, the Leather Footwear segment will not lose its significance within the Footwear market.


Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on footwear which comprises Sneakers, Athletic Footwear, Leather Footwear, and Textile & Other Footwear segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index, and population. This data helps us to estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Footwear market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Vue d’ensemble

  • Revenue
  • Sales Channels
  • Analyst Opinion
  • Volume
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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