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Size of the men's formal wear market in South Korea from 2016 to 2023 (in trillion South Korean won)

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Sources

Release date

July 2024

Region

South Korea

Survey time period

2016 to 2023

Supplementary notes

1,000 South Korean won equals 0.69 U.S. dollars or 0.65 euros as of March 2025. 
Values have been rounded.

Citation formats

Men's formal wear market size South Korea 2016-2023

Published by
Bruna Rocco,
Mar 12, 2025

In 2023, the men's formal wear market in South Korea amounted to around *** trillion South Korean won. While this was a decrease compared to the previous year, it was still elevated compared to all other years during the period of consideration.

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