Premium beauty and personal care is set to see a solid current value CAGR in South Korea in the forecast period. Skin care products with heritage, such as La Mer and Chanel, as well as emerging brands such as Fresh and Aesop, are expected to maintain their popularity, enjoying a high preference amongst local consumers in Korea.
Premium fragrances is poised to experience significant current value growth over the forecast period. However, changes in duty-free regulations are likely to have an impact on this category.
Apart from premium unisex fragrances, there are no notable categories within premium beauty and personal care which are expected to experience particularly robust growth. Even premium unisex fragrances is projected to turn to single-digit growth rates in the forecast period after several prosperous years of double-digit growth.
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Understand the latest market trends and future growth opportunities for the Premium Beauty and Personal 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 Premium Beauty and Personal 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.
Premium Beauty and Personal Care
This is the aggregation of premium colour cosmetics, fragrances, deodorants, skin care, sun care, baby and child-specific products, bath and shower and hair care.
See All of Our DefinitionsThis report originates from Passport, our Premium Beauty and Personal Care research and analysis database.
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