Personal Services in South Korea
Household expenditures in South Korea increased by 4% as a result of strong economic growth, a declining unemployment rate, the rising average wage and improved consumer sentiment. However, household debt reached a record high in 2017 despite government measures to slow debt growth and prevent overheating of the property market. As a result, the reviewed industry grew at a slower pace in 2017.
Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Personal Services market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Product coverage: Funeral and Related Services, Hairdressing and Beauty Treatment, Solariums, Spas and Similar Services, Washing and Cleaning.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Personal Services market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Product coverage: Funeral and Related Services, Hairdressing and Beauty Treatment, Solariums, Spas and Similar Services, Washing and Cleaning.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Personal Services 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.
Headlines
Prospects
Personal Services Post Slower Growth Due To Mounting Household Debt
Higher Mortality Rate and Rising Interest in Pet Cremation Stimulate Demand for Funeral and Related Services
Rising Health Concerns and Expanding Wellness Tourism Boost Demand for Solariums, Spas and Related Services
Competitive Landscape
Companies Increasingly Invest in Digital Technologies
Industry Overview
Chart 1 Industry's Production Value 2002-2022, LCU million
Chart 2 Industry's Value Added 2012-2017, LCU million
Chart 3 Industry's Profits and Profit Margin 2012-2017, LCU million
Chart 4 Industry Structure by Category 2012-2017, LCU million
Chart 5 Funeral and Related Services Production 2002-2022, LCU million
Chart 6 Solariums, Spas and Similar Services Production 2002-2022, LCU million
Chart 7 Hairdressing and Beauty Treatment Production 2002-2022, LCU million
Chart 8 Washing and Cleaning Production 2002-2022, LCU million
Chart 9 Absolute Growth by Category, LCU million
Industry's Cost Structure
Chart 10 Industry's Cost Structure 2012-2017, LCU million
Chart 11 Industry's Costs, LCU million
Trade
Chart 12 Imports, Exports and Trade Balance 2012-2017, LCU million
Chart 13 Exports by Category 2012-2017, LCU million
Chart 14 Imports by Category 2012-2017, LCU million
Market Structure
Chart 15 Market Structure 2012-2017, LCU million
Chart 16 Market Structure by Category 2012-2017, LCU million
Buyers
Chart 17 Market Structure by Buyer 2012-2017
Chart 18 Industry's Demand Structure 2012-2017
Firmographics
Chart 19 Employment Statistics and Productivity 2012-2017
Chart 20 Number of Companies by Company's Size 2012-2017
Chart 21 Firmographics Distribution by Revenue 2012-2017, % of total revenue
Chart 22 Industry Concentration 2012-2017, % share of total production value
Chart 23 Top Company Shares 2017, % of total production value
Chart 24 Top 5 Company Share Dynamics 2012-2017, % of total production value
Chart 25 Production Value Performance by Company 2012-2017
Industry's Context
Chart 26 Industry vs GDP Performance 2002-2022, % Y-O-Y growth
Chart 27 Personal Services vs Other Industries 2002-2022, LCU million
Chart 28 Industry Size by Region 2017, USD million
Chart 29 Personal Services in Asia Pacific 2002-2022, USD million
Prospects
Personal Services Post Slower Growth Due To Mounting Household Debt
Higher Mortality Rate and Rising Interest in Pet Cremation Stimulate Demand for Funeral and Related Services
Rising Health Concerns and Expanding Wellness Tourism Boost Demand for Solariums, Spas and Related Services
Competitive Landscape
Companies Increasingly Invest in Digital Technologies
Industry Overview
Chart 1 Industry's Production Value 2002-2022, LCU million
Chart 2 Industry's Value Added 2012-2017, LCU million
Chart 3 Industry's Profits and Profit Margin 2012-2017, LCU million
Chart 4 Industry Structure by Category 2012-2017, LCU million
Chart 5 Funeral and Related Services Production 2002-2022, LCU million
Chart 6 Solariums, Spas and Similar Services Production 2002-2022, LCU million
Chart 7 Hairdressing and Beauty Treatment Production 2002-2022, LCU million
Chart 8 Washing and Cleaning Production 2002-2022, LCU million
Chart 9 Absolute Growth by Category, LCU million
Industry's Cost Structure
Chart 10 Industry's Cost Structure 2012-2017, LCU million
Chart 11 Industry's Costs, LCU million
Trade
Chart 12 Imports, Exports and Trade Balance 2012-2017, LCU million
Chart 13 Exports by Category 2012-2017, LCU million
Chart 14 Imports by Category 2012-2017, LCU million
Market Structure
Chart 15 Market Structure 2012-2017, LCU million
Chart 16 Market Structure by Category 2012-2017, LCU million
Buyers
Chart 17 Market Structure by Buyer 2012-2017
Chart 18 Industry's Demand Structure 2012-2017
Firmographics
Chart 19 Employment Statistics and Productivity 2012-2017
Chart 20 Number of Companies by Company's Size 2012-2017
Chart 21 Firmographics Distribution by Revenue 2012-2017, % of total revenue
Chart 22 Industry Concentration 2012-2017, % share of total production value
Chart 23 Top Company Shares 2017, % of total production value
Chart 24 Top 5 Company Share Dynamics 2012-2017, % of total production value
Chart 25 Production Value Performance by Company 2012-2017
Industry's Context
Chart 26 Industry vs GDP Performance 2002-2022, % Y-O-Y growth
Chart 27 Personal Services vs Other Industries 2002-2022, LCU million
Chart 28 Industry Size by Region 2017, USD million
Chart 29 Personal Services in Asia Pacific 2002-2022, USD million