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Skincare in South Korea

Skincare in South Korea

Summary

Skincare in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the South Korea skincare market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The skincare market comprises the retail sale of facial care, body care, hand care, depilatories, and make-up remover products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the compilation of this report have been calculated using 2016 annual average exchange rates.
- The South Korean skincare market generated total revenues of $5,919.7m in 2016, representative of a review-period CAGR of 10.0%.
- Market consumption volume posted a review-period CAGR of 8.8% to total 386.3 million units in 2016.
- Koreans spends a large proportion of their income on skincare and cosmetic products. South Korea's increasing GDP per capita has expanded their middle class, who are willing to spend more on premium offerings.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the skincare market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the skincare market in South Korea
- Leading company profiles reveal details of key skincare market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea skincare market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the South Korea skincare market by value in 2016?
- What will be the size of the South Korea skincare market in 2021?
- What factors are affecting the strength of competition in the South Korea skincare market?
- How has the market performed over the last five years?
- Who are the top competitiors in South Korea's skincare market?