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Country Profile: Cosmetics & Toiletries in South Korea

Country Profile: Cosmetics & Toiletries in South Korea

  • February 2019
  • 132 pages
  • ID: 5751114
  • Format: PDF
  • By GlobalData

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Country Profile: Cosmetics & Toiletries in South Korea

Summary
The South Korean cosmetics & toiletries industry is led by the skincare sector, while feminine hygiene is forecast to register the fastest growth during 2018-2023 in both value and volume terms.Health & beauty stores is the leading channel for distribution of cosmetics & toiletries products in the country.

Rigid plastics is the most commonly used pack material, while paper & board is expected to grow the fastest during 2018-2023. ‘Amorepacific Corporation’, ‘LG Corp’ and ‘Procter & Gamble’ are the leading companies in the South Korean cosmetics & toiletries industry.

GlobalData’s Country Profile report on the cosmetics & toiletries industry in the South Korea provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

What else is contained?
- Industry data: Overall industry value and volume data with growth analysis for 2013-2023.
- Sector coverage: Value and growth analysis for feminine hygiene, fragrances, haircare, make-up, male toiletries, oral hygiene, personal hygiene, skincare and suncare with inputs on individual segment share within each sector and the change in their market share forecast for 2018-2023.
- Distribution data: Percentage of sales within each sector through distribution channels such as hypermarkets & supermarkets, health & beauty stores, department stores, convenience stores, drugstores & pharmacies, cash & carries and warehouse clubs, ‘dollar stores’, variety store & general merchandise retailers, vending machines, e-retailers, chemists/pharmacies, parapharmacies/drugstores, direct sellers, and other general retailers.
- Leading players: Market share of brands and private labels in value terms in 2018.
- Packaging data: consumption breakdown for package materials and pack types in each sector in terms of percentage share of number of units sold. Pack material data for flexible packaging, rigid plastics, rigid metal, glass and others; pack type data for: Bottle, tube, aerosol, tub, bag/sachet, and jar.

Scope
- The per capita consumption of cosmetics & toiletries is higher in South Korea compared to the regional level
- Skincare is the largest sector in the cosmetics & toiletries industry in South Korea
- Health & beauty stores is the leading distribution channel in the South Korean cosmetics & toiletries industry
- Sulwhasoo is the leading brand in the South Korean cosmetics & toiletries industry
- Rigid plastics is the most commonly used pack material in the South Korean cosmetics & toiletries industry
- Consumption of Cosmetics & Toiletries is high among women compared to men in South Korea.

Reasons to buy
- Identify high potential sectors and explore further market opportunities based on detailed value and volume analysis.
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities.
- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning.
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion.
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the industry.
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.

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