South Korea Textile Market Overview
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 33.9 Billion
Market Forecast in 2033: USD 47.6 Billion
Market Growth Rate: 3.80%(2025-2033)
According to the latest report by IMARC Group, the South Korea textile market size reached USD 33.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 47.6 Billion by 2033, exhibiting a growth rate (CAGR) of 3.80% during 2025-2033.
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South Korea Textile Industry Trends and Drivers:
Their rich traditions in textiles are enhanced with latest technologies in order to meet the needs inside and outside the country. United States is famous for its good fabrics and stylish designs which puts it at the forefront of fashion and home goods. As K-pop and Korean dramas have become more popular, more people are looking for modern and distinctive Korean fashion trendsetting clothing. Initiatives by the government in trade and sustainability strengthen businesses and encourage them to try new things and grow. Strong manufacturing and a skilled workforce in South Korea contribute to expansion, so the textile sector is an important part of their economy and identity.
Because people and companies choose eco-friendly and technology-driven alternatives, the market is being transformed. SMEs are innovating, creating their own unique, excellent textiles to keep up with big brands. At the same time, big businesses in South Korea are increasing how they produce goods and going into new foreign markets, taking advantage of the reputation for excellence. Because of e-commerce, textile firms can now offer products directly to customers such as casual clothes or specialized fabrics. South Korea’s effort to balance tradition with forward-thinking ideas is giving its textile market a stronger global role.
South Korea Textile Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest South Korea Textile Market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
The report has segmented the market into the following categories:
Product Insights:
Natural Fibers
Polyesters
Nylon
Others
Raw Material Insights:
Cotton
Chemical
Wool
Silk
Others
Application Insights:
Household
Technical
Fashion and Clothing
Others
Regional Insights:
Seoul Capital Area
Yeongnam (Southeastern Region)
Honam (Southwestern Region)
Hoseo (Central Region)
Others
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the South Korea Textile industry.
Key highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
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