Suncare in South Korea

Suncare in South Korea

Summary

Suncare in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The suncare market consists of the retail sale of sun protection, after-sun and self-tan products. The sun protection segment consists of lotion, spray, gel or other topical products that absorbs or reflects some of the sun's ultraviolet (UV) radiation. The after-sun segment consists of all mass and premium moisturizing cream formulated for sunburned skin. The self-tan segment consists of all mass and premium products that either enhance natural tanning (tanning aids) or allow the skin to tan without developing exposure to the sun. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2019 exchange rates.
  • The South Korean suncare market had total revenues of $724.9m in 2019, representing a compound annual growth rate (CAGR) of 3% between 2015 and 2019.
  • Market consumption volume increased with a CAGR of 1% between 2015 and 2019, to reach a total of 32.1 million units in 2019.
  • Favorable economic conditions and increasing consumer purchasing power are the primary factors supporting the growth of this market.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the suncare market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the suncare market in South Korea
  • Leading company profiles reveal details of key suncare market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea suncare market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the South Korea suncare market by value in 2019?
  • What will be the size of the South Korea suncare market in 2024?
  • What factors are affecting the strength of competition in the South Korea suncare market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in South Korea's suncare market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South Korean suncare market?
7.3. Which companies have been most successful in increasing their market shares in the last 4 years?
7.4. What are the most popular brands in the market?
7.5. What have been the most significant M&A deals in the South Korean suncare market over the last four years?
8 Company Profiles
8.1. Amorepacific Corp
8.2. LG Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: South Korea suncare market value: $ million, 2015-19
Table 2: South Korea suncare market volume: million units, 2015-19
Table 3: South Korea suncare market category segmentation: $ million, 2019
Table 4: South Korea suncare market geography segmentation: $ million, 2019
Table 5: South Korea suncare market distribution: % share, by value, 2019
Table 6: South Korea suncare market value forecast: $ million, 2019-24
Table 7: South Korea suncare market volume forecast: million units, 2019-24
Table 8: South Korea suncare market share: % share, by value, 2019
Table 9: Amorepacific Corp: key facts
Table 10: Amorepacific Corp: Annual Financial Ratios
Table 11: Amorepacific Corp: Key Employees
Table 12: LG Corp: key facts
Table 13: LG Corp: Annual Financial Ratios
Table 14: LG Corp: Key Employees
Table 15: South Korea size of population (million), 2015-19
Table 16: South Korea gdp (constant 2005 prices, $ billion), 2015-19
Table 17: South Korea gdp (current prices, $ billion), 2015-19
Table 18: South Korea inflation, 2015-19
Table 19: South Korea consumer price index (absolute), 2015-19
Table 20: South Korea exchange rate, 2015-19
List of Figures
Figure 1: South Korea suncare market value: $ million, 2015-19
Figure 2: South Korea suncare market volume: million units, 2015-19
Figure 3: South Korea suncare market category segmentation: % share, by value, 2019
Figure 4: South Korea suncare market geography segmentation: % share, by value, 2019
Figure 5: South Korea suncare market distribution: % share, by value, 2019
Figure 6: South Korea suncare market value forecast: $ million, 2019-24
Figure 7: South Korea suncare market volume forecast: million units, 2019-24
Figure 8: Forces driving competition in the suncare market in South Korea, 2019
Figure 9: Drivers of buyer power in the suncare market in South Korea, 2019
Figure 10: Drivers of supplier power in the suncare market in South Korea, 2019
Figure 11: Factors influencing the likelihood of new entrants in the suncare market in South Korea, 2019
Figure 12: Factors influencing the threat of substitutes in the suncare market in South Korea, 2019
Figure 13: Drivers of degree of rivalry in the suncare market in South Korea, 2019
Figure 14: South Korea suncare market share: % share, by value, 2019

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook