Sun Care in South Korea - New Market Report

From: Fast Market Research, Inc.
Published: Fri Jul 18 2014


Sun protection increased by 1% in value terms and it recorded Won718 billion in 2013. The 1% value growth was the lowest since 2000. With multifunctional products becoming normal in cosmetics, good performance of skin care products and facial make-up products including sun protection function negatively affected the growth rate of sun protection in 2013. In particular, the cushion format of powder, foundation and BB and CC cream basically includes sun protection function, so consumers do not need to use duplicate sun protection products.

Competitive Landscape

AmorePacific Corp maintained the leading position with 32% value share in 2013. The company increased by 5% in value sales thanks to both premium and mass brands. The leading player in cosmetics, LG Household & Health Care Ltd, also recorded strong value growth rate in sun protection by taking more than 19% value share.

Full Report Details at
- http://www.fastmr.com/prod/851044_sun_care_in_south_korea.aspx?afid=301

Industry Prospects

Sun protection is expected to increase by a CAGR of 1% in constant value terms over the forecast period. With multifunctional skin care and facial make-up products growing, pure sun protection will show stagnation. However, due to consumers' make-up habit of using sun protection as one of the essential steps as well as toner and moisturiser, the market size will not show negative growth over the forecast period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Sun Care industry in South Korea with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Sun Care industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Sun Care in South Korea market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth  
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Sun Care in South Korea?
* What are the major brands in South Korea?
* What is the most common sun protection factor?
* How are sales of self-tanners performing?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Sun Care in South Africa
- Beauty and Personal Care in South Africa
- Beauty and Personal Care in South Korea
- The Future of the Suncare Market in South Korea to 2017: Market Size, Distribution and Brand Share, Key Events and Competitive Landscape
- The Future of the Suncare Market in South Africa to 2017: Market Size, Distribution and Brand Share, Key Events and Competitive Landscape

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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