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 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Suncare in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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 product 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 2023 exchange rates.
- The South Korean Suncare market had total revenues of $630.4 million in 2023, representing a compound annual growth rate (CAGR) of -0.1% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 2% between 2018 and 2023, to reach a total of 28.8 million units in 2023.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 6.6% for the five-year period 2023-28, which is expected to drive the market to a value of $865.8 million by the end of 2028.
- 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
- What was the size of the South Korea suncare market by value in 2023?
- What will be the size of the South Korea suncare market in 2028?
- 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 competitors 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 5 years (2018-23)?
7.4. Which companies’ market shares have suffered over the same period?
7.5. What are the most popular brands in the South Korea suncare market?
8 COMPANY PROFILES
8.1. Amorepacific Corp
8.2. LG Corp
8.3. Shiseido Company, Limited
8.4. Missha Us Inc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
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 5 years (2018-23)?
7.4. Which companies’ market shares have suffered over the same period?
7.5. What are the most popular brands in the South Korea suncare market?
8 COMPANY PROFILES
8.1. Amorepacific Corp
8.2. LG Corp
8.3. Shiseido Company, Limited
8.4. Missha Us Inc
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, 2018-23
Table 2: South Korea suncare market volume: million units, 2018-23
Table 3: South Korea suncare market category segmentation: % share, by value, 2018-2023
Table 4: South Korea suncare market category segmentation: $ million, 2018-2023
Table 5: South Korea suncare market geography segmentation: $ million, 2023
Table 6: South Korea suncare market distribution: % share, by value, 2023
Table 7: South Korea suncare market value forecast: $ million, 2023-28
Table 8: South Korea suncare market volume forecast: million units, 2023-28
Table 9: South Korea suncare market share: % share, by value, 2023
Table 10: Amorepacific Corp: key facts
Table 11: Amorepacific Corp: Annual Financial Ratios
Table 12: Amorepacific Corp: Key Employees
Table 13: LG Corp: key facts
Table 14: LG Corp: Annual Financial Ratios
Table 15: LG Corp: Key Employees
Table 16: Shiseido Company, Limited: key facts
Table 17: Shiseido Company, Limited: Annual Financial Ratios
Table 18: Shiseido Company, Limited: Key Employees
Table 19: Shiseido Company, Limited: Key Employees Continued
Table 20: Shiseido Company, Limited: Key Employees Continued
Table 21: Missha Us Inc: key facts
Table 22: South Korea exchange rate, 2018-23
Table 1: South Korea suncare market value: $ million, 2018-23
Table 2: South Korea suncare market volume: million units, 2018-23
Table 3: South Korea suncare market category segmentation: % share, by value, 2018-2023
Table 4: South Korea suncare market category segmentation: $ million, 2018-2023
Table 5: South Korea suncare market geography segmentation: $ million, 2023
Table 6: South Korea suncare market distribution: % share, by value, 2023
Table 7: South Korea suncare market value forecast: $ million, 2023-28
Table 8: South Korea suncare market volume forecast: million units, 2023-28
Table 9: South Korea suncare market share: % share, by value, 2023
Table 10: Amorepacific Corp: key facts
Table 11: Amorepacific Corp: Annual Financial Ratios
Table 12: Amorepacific Corp: Key Employees
Table 13: LG Corp: key facts
Table 14: LG Corp: Annual Financial Ratios
Table 15: LG Corp: Key Employees
Table 16: Shiseido Company, Limited: key facts
Table 17: Shiseido Company, Limited: Annual Financial Ratios
Table 18: Shiseido Company, Limited: Key Employees
Table 19: Shiseido Company, Limited: Key Employees Continued
Table 20: Shiseido Company, Limited: Key Employees Continued
Table 21: Missha Us Inc: key facts
Table 22: South Korea exchange rate, 2018-23
LIST OF FIGURES
Figure 1: South Korea suncare market value: $ million, 2018-23
Figure 2: South Korea suncare market volume: million units, 2018-23
Figure 3: South Korea suncare market category segmentation: $ million, 2018-2023
Figure 4: South Korea suncare market geography segmentation: % share, by value, 2023
Figure 5: South Korea suncare market distribution: % share, by value, 2023
Figure 6: South Korea suncare market value forecast: $ million, 2023-28
Figure 7: South Korea suncare market volume forecast: million units, 2023-28
Figure 8: Forces driving competition in the suncare market in South Korea, 2023
Figure 9: Drivers of buyer power in the suncare market in South Korea, 2023
Figure 10: Drivers of supplier power in the suncare market in South Korea, 2023
Figure 11: Factors influencing the likelihood of new entrants in the suncare market in South Korea, 2023
Figure 12: Factors influencing the threat of substitutes in the suncare market in South Korea, 2023
Figure 13: Drivers of degree of rivalry in the suncare market in South Korea, 2023
Figure 14: South Korea suncare market share: % share, by value, 2023
Figure 1: South Korea suncare market value: $ million, 2018-23
Figure 2: South Korea suncare market volume: million units, 2018-23
Figure 3: South Korea suncare market category segmentation: $ million, 2018-2023
Figure 4: South Korea suncare market geography segmentation: % share, by value, 2023
Figure 5: South Korea suncare market distribution: % share, by value, 2023
Figure 6: South Korea suncare market value forecast: $ million, 2023-28
Figure 7: South Korea suncare market volume forecast: million units, 2023-28
Figure 8: Forces driving competition in the suncare market in South Korea, 2023
Figure 9: Drivers of buyer power in the suncare market in South Korea, 2023
Figure 10: Drivers of supplier power in the suncare market in South Korea, 2023
Figure 11: Factors influencing the likelihood of new entrants in the suncare market in South Korea, 2023
Figure 12: Factors influencing the threat of substitutes in the suncare market in South Korea, 2023
Figure 13: Drivers of degree of rivalry in the suncare market in South Korea, 2023
Figure 14: South Korea suncare market share: % share, by value, 2023
