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The South Korea handbags market size is forecast to increase by USD 260.72 million, at a CAGR of 3.63% between 2023 and 2028. The market is experiencing significant growth, driven by increasing consumer spending on fashion and personal goods. This trend is particularly prominent in the handbag segment, where the growing preference for personalization and customization is leading to product premiumization and material segmentation. E-commerce retail is also playing a pivotal role in the market's growth, enabling consumers to access a wider range of options and facilitating the customization of handbags. However, the market faces challenges from counterfeit products, which undermine brand reputation and consumer trust. Industry influencers, including fashion designers and celebrities, continue to shape consumer preferences and trends in the handbag market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Market Segmentation by Material
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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