Fashion market in South Korea

The South Korean Fashion eCommerce market is predicted to reach US$32,640.2 million by 2023 and accounts for 32.1% of the total eCommerce market in South Korea. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 3.0%, resulting in a projected market volume of US$36,771.8 million by 2027. Within the Fashion market ecommerceDB considers the following three sub-markets: Apparel, Bags & Accessories, and Footwear.

Market development

eCommerce revenue development in the Tights & Leggings (children) market in South Korea

The South Korean Tights & Leggings (children) eCommerce market is predicted to reach US$3.0 million by 2023 and accounts for 0.2% of the Children's Apparel eCommerce market in South Korea. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 4.2%, resulting in a projected market volume of US$3.5 million by 2027. The Tights & Leggings (children) eCommerce market is a sub-market of the Children's Apparel market. Further categories within the Children's Apparel market are: Blazers (children), Coats & Jackets (children), Dresses & Skirts (children), Jerseys, Sweatshirts & Pullovers (children), Night & Underwear (children), Shirts & Blouses (children), Socks (children), Sports & Swimwear (children), Suits & Ensembles (children), T-Shirts (children), and Trousers (children).

eCommerce revenue development in the Tights & Leggings (children) market in South Korea

in million US$, in %

Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war

Source: Statista Market Insights, ecommerceDB

2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 22.1 94.8 31.6 55.0 82.7 65.1 35.9 50.4
AOV (in US$) 30.0 27.5 99.1 9.5 9.0 31.8 72.3 56.1
CVR (in %) 22.1 94.8 31.6 55.0 82.7 65.1 35.9 50.4
AOV: Average Order Value CVR: Conversion Rate