IMARC Group has recently released a new research study titled “South Korea Footwear Market Report by Product (Non-Athletic Footwear, Athletic Footwear), Material (Rubber, Leather, Plastic, Fabric, and Others), Distribution Channel (Footwear Specialists, Supermarkets and Hypermarkets, Departmental Stores, Clothing Stores, Online Sales, and Others), Pricing (Premium, Mass), End User (Men, Women, Kids), and Region 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Footwear Market Overview

The South Korea footwear market size reached USD 4,800.8 Million in 2024 and is expected to grow to USD 7,059.6 Million by 2033, exhibiting a CAGR of 4.38% during the forecast period 2025-2033. The market growth is driven by increasing demand for comfortable and versatile footwear, technological innovations in manufacturing, and rising adoption of augmented reality to enhance shopping experiences.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

South Korea Footwear Market Key Takeaways

• Current Market Size: USD 4,800.8 Million in 2024
• CAGR: 4.38% (2025-2033)
• Forecast Period: 2025-2033
• Rising demand for comfortable and versatile footwear worn for both physical activities and fashion.
• Increasing use of 3D printing and automation to improve durability, comfort, and environmental sustainability.
• Investment in innovative store designs and interactive displays enhancing in-store experiences.
• Collaborations between footwear brands and sports or fashion designers generating limited-edition collections.
• Growing trend of online-to-offline (O2O) retail strategies combining convenience with tactile shopping.
• Rise in footwear rental services promoting sustainable consumption trends.

Sample Request Link: https://www.imarcgroup.com/south-korea-footwear-market/requestsample

Market Growth Factors

The South Korea footwear market is propelled by a rising demand for footwear that is both comfortable and versatile enough for physical activities and daily fashion. This trend supports an expanding consumer base seeking footwear that aligns with active lifestyles and style-conscious choices. Technological advancements in manufacturing, especially the integration of 3D printing and automated machinery, enable faster production cycles and customizable offerings that cater to consumer preferences. These innovations also focus on enhanced durability, comfort, and environmental sustainability of footwear products.

Further growth is fostered by increased investment from brands in enhancing the shopping experience through innovative store layouts and interactive displays. This enhances consumer engagement and differentiation in a competitive market. Collaborations with sports brands and fashion designers to create limited-edition footwear collections generate excitement among buyers, adding unique value propositions to the market.

Online-to-offline (O2O) retail strategies have seen rising adoption, allowing consumers to explore and select footwear online followed by in-store try-ons, merging convenience with tactile trial. Augmented reality (AR) technology also boosts online shopping by enabling virtual try-ons, improving customer experience and purchase confidence. Additionally, footwear rental services, particularly for formal occasions, align with sustainable consumption preferences and contribute positively to market dynamics.

Market Segmentation

• Product Insights:
• Non-Athletic Footwear: Covers footwear designed primarily for casual or formal wear rather than sports or physical activities.
• Athletic Footwear: Includes shoes designed specifically for sports, physical exercises, and related activities.
• Material Insights:
• Rubber: Footwear incorporating rubber materials, valued for flexibility and durability.
• Leather: Products made using leather, offering durability and classic aesthetics.
• Plastic: Footwear constructed with plastic components, often lightweight and cost-effective.
• Fabric: Materials encompassing textiles and fabrics used for comfort and breathability.
• Others: Includes any other materials used in footwear manufacturing not classified above.
• Distribution Channel Insights:
• Footwear Specialists: Retailers specialized in selling footwear products.
• Supermarkets and Hypermarkets: Large retail outlets offering footwear among wider assortments.
• Departmental Stores: Stores selling a range of products including footwear as a category.
• Clothing Stores: Apparel retailers also providing footwear options.
• Online Sales: Footwear sold through e-commerce platforms.
• Others: Any additional distribution channels not specifically listed.
• Pricing Insights:
• Premium: Footwear positioned at higher price points reflecting quality, brand, or exclusivity.
• Mass: Products targeting a broad consumer base with more affordable pricing.
• End User Insights:
• Men: Footwear designed and marketed for male consumers.
• Women: Footwear targeting female consumers.
• Kids: Footwear designed for children and young users.

Regional Insights

The report covers major regional markets including Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and Others. Specific regional market shares or CAGR figures are not provided in the source. These regions collectively contribute to the overall market dynamics within South Korea.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No: (D) +91 120 433 0800

United States: +1-201971-6302