New Report Available: Colour Cosmetics in South Korea

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

In 2013, the cushion format of facial make-up products decided the performance of brands. With the popularity of the cushion format of powder, foundation and BB cream since 2011, most domestic players introduced facial make-up products with the cushion format. The names of products were diverse such as Cushion BB, Cushion Foundation, Covering Cushion, CC Cushion, Water Cushion, Soothing Cushion and Multi Cushion. It became one of the most important trends in cosmetics, and consumers' preferred brands naturally shifted to new ones having the cushion format of products. It was the main reason why global brands without products in cushion format showed weak performance in 2013.

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Competitive Landscape

AmorePacific Corp took the largest value share in colour cosmetics with 27% in 2013. The company increased actual value sales by 18% thanks to the strong performance of Iope and Hera. Iope kept the solid leading position in the cushion format of other facial make-up and Hera showed good performance in facial make-up with CC cream products in 2013.

Industry Prospects

Colour cosmetics is expected to increase by a CAGR of 8% in constant value terms over the forecast period. In particular, other facial make-up, including the cushion format of products and CC cream, is predicted to grow by a CAGR of 18% in constant value terms. Lip liner/pencil and other eye make-up such as eyebrow pencil/brushes will show negative growth rates in constant value terms due less demand by consumers.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Colour Cosmetics 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 Colour Cosmetics industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Colour Cosmetics 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 Colour Cosmetics in South Korea?
* What are the major brands in South Korea?
* What are the key innovation trends in make up?
* What is the evolution of mass colour cosmetics versus their premium counterparts?

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