Skincare in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The skincare market consists of 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. All currency conversions have been made using constant annual average 2024 exchange rates.
- The South Korean Skincare market recorded revenues of $6.56 billion in 2024, representing a compound annual growth rate (CAGR) of 2.0% between 2019-24.
- Market consumption volume increased with a CAGR of 2.2% between 2019-24, reaching a total of 747.2 million units in 2024.
- Favorable economic conditions and the growing disposable income of individuals were key contributors to the moderate market growth during 2019-24.
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
Reasons to Buy
- What was the size of the South Korea skincare market by value in 2024?
- What will be the size of the South Korea skincare market in 2029?
- What factors are affecting the strength of competition in the South Korea skincare market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's skincare market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- LG Corp
- Amorepacific Group Inc
- The Estee Lauder Companies Inc
- L'Oreal SA
