
Herbal/Traditional Products in South Korea
Description
Herbal/Traditional Products in South Korea
Despite the strength of herbal/traditional products in a number of consumer health categories in South Korea, local consumers have sought remedies perceived as more effective in the form of standard variants during the pandemic, leading to loss of share in sleep aids, cough, cold and allergy (hay fever) remedies, vitamins and dietary supplements and digestive remedies.
Euromonitor International's Herbal/Traditional Products in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2017-2021, allowing you to identify the sectors driving growth. Forecasts to 2026 illustrate how the market is set to change.
Product coverage: Herbal/Traditional Cough, Cold and Allergy (Hay Fever) Remedies, Herbal/Traditional Dermatologicals, Herbal/Traditional Dietary Supplements, Herbal/Traditional Digestive Remedies, Herbal/Traditional Paediatric Dietary Supplements, Herbal/Traditional Sleep Aids, Herbal/Traditional Tonics, Herbal/Traditional Topical Analgesics.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Herbal/Traditional Products market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Despite the strength of herbal/traditional products in a number of consumer health categories in South Korea, local consumers have sought remedies perceived as more effective in the form of standard variants during the pandemic, leading to loss of share in sleep aids, cough, cold and allergy (hay fever) remedies, vitamins and dietary supplements and digestive remedies.
Euromonitor International's Herbal/Traditional Products in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2017-2021, allowing you to identify the sectors driving growth. Forecasts to 2026 illustrate how the market is set to change.
Product coverage: Herbal/Traditional Cough, Cold and Allergy (Hay Fever) Remedies, Herbal/Traditional Dermatologicals, Herbal/Traditional Dietary Supplements, Herbal/Traditional Digestive Remedies, Herbal/Traditional Paediatric Dietary Supplements, Herbal/Traditional Sleep Aids, Herbal/Traditional Tonics, Herbal/Traditional Topical Analgesics.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Herbal/Traditional Products market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
29 Pages
- Herbal/Traditional Products in South Korea
- Euromonitor International
- October 2022
- List Of Contents And Tables
- HERBAL/TRADITIONAL PRODUCTS IN SOUTH KOREA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Improving demand for herbal/traditional tonics as social distancing measures are lifted
- Milk thistle loses popularity in South Korea
- Launch of new products from Cheong-Kwan-Jang drives growth of ginseng
- PROSPECTS AND OPPORTUNITIES
- Belief in Traditional Chinese Medicine will support sales of herbal/traditional options
- Potential price increases could hinder stronger demand
- Stable demand for herbal/traditional sleep aids due to resumption of busy lifestyles and heightened stress levels
- CATEGORY DATA
- Table 1 Sales of Herbal/Traditional Products by Category: Value 2017-2022
- Table 2 Sales of Herbal/Traditional Products by Category: % Value Growth 2017-2022
- Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2018-2022
- Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2019-2022
- Table 5 Forecast Sales of Herbal/Traditional Products by Category: Value 2022-2027
- Table 6 Forecast Sales of Herbal/Traditional Products by Category: % Value Growth 2022-2027
- CONSUMER HEALTH IN SOUTH KOREA
- EXECUTIVE SUMMARY
- Consumer health in 2022: The big picture
- 2022 key trends
- Competitive landscape
- Retailing developments
- What next for consumer health?
- MARKET INDICATORS
- Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2017-2022
- Table 8 Life Expectancy at Birth 2017-2022
- MARKET DATA
- Table 9 Sales of Consumer Health by Category: Value 2017-2022
- Table 10 Sales of Consumer Health by Category: % Value Growth 2017-2022
- Table 11 NBO Company Shares of Consumer Health: % Value 2018-2022
- Table 12 LBN Brand Shares of Consumer Health: % Value 2019-2022
- Table 13 Distribution of Consumer Health by Format: % Value 2017-2022
- Table 14 Distribution of Consumer Health by Format and Category: % Value 2022
- Table 15 Forecast Sales of Consumer Health by Category: Value 2022-2027
- Table 16 Forecast Sales of Consumer Health by Category: % Value Growth 2022-2027
- APPENDIX
- OTC registration and classification
- Vitamins and dietary supplements registration and classification
- Self-medication/self-care and preventive medicine
- Switches
- Summary 1 OTC: Switches 2021-2022
- DISCLAIMER
- DEFINITIONS
- SOURCES
- Summary 2 Research Sources
Pricing
Currency Rates
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