In the forecast period, skin care in South Korea is expected to see a slow retail value CAGR at constant 2024 prices. One factor expected to contribute to growth in an already mature category is that with the rapid growth of beauty devices, skin care products that enhance their efficacy are being marketed and sold alongside them.
One positive factor for growth in skin care in the forecast period is expected to be the expanding range of products available. Even beauty and personal care brands that previously had no skin care offerings have been launching products, while non-beauty companies such as players in food, dietary supplements, and alcoholic drinks are also entering the skin care space to capture the growth potential.
Pharmaceutical companies are leveraging their technological expertise to launch dermocosmetics, dermo-inspired, and dermo-adjacent products. Pharma-dermocosmetics have been popular for several years, but their market penetration is increasing, and such products are becoming more evident in stores, increasing the future growth potential.
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Understand the latest market trends and future growth opportunities for the Skin Care industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Skin Care industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Skin Care
This is the aggregation of facial care, body care, hand care and skin care sets/kits.
See all of our definitionsThis report originates from Passport, our Skin Care research and analysis database.
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