Today: May 25, 2016, 5:25 am

South Korea men's grooming market: AmorePacific the leading industry player with 19% value share
Men's Grooming in South Korea - a new market research report on 2014-04-15 17:37:03
AmorePacific recorded the largest value share of 19% in the South Korea men´s grooming market during 2012 thanks to the strong performance in men´s skin care. The company accounted for a 26% share of men´s skin care and maintained a solid leading position. It was not only successful through its premium men´s skin care lines, such as Hera Homme and Iope For Men, its mass brands, such as Odyssey, also recorded a healthy growth rate in 2012. The company´s value sales within men´s skin care increased by 22%.

Men´s skin care increased by 19% in value terms in 2012 through most players strengthening their product lines with added anti-agers or multifunctional skin care. Men´s grooming has been a hot trend in South Korea since the middle of the 2000s and the category registered a CAGR of 11% over the review period. In the case of men´s skin care, premium brands recorded a stronger CAGR than mass brands, which differentiated it from the wider skin care category as a whole. Not all male consumers, due to particular male consumers having more interest in beauty and cosmetics, choose skin care products, and they tended to prefer greater functionality and better quality products. Those particular male consumers not only bought moisturisers, but also men´s anti-agers, face mask and even facial make-up. Based on this trend, beauty specialist retailers actively introduced diverse kinds of skin care products to attract general male consumers at masstige prices in 2012, which led to higher value growth in mass men´s skin care than premium men´s skin care.

Men´s grooming is expected to increase by a CAGR of 4% in constant value terms over the forecast period. Except for men´s post-shave, most categories will increase by CAGRs of between 2% and 6% by 2017. Men´s razors and blades will record a CAGR of 3% in constant value terms thanks to the introduction of advanced versions of razors, a trend that will continue over the forecast period. Men´s skin care will grow by a CAGR of 5% in constant value terms due to the ongoing men´s grooming trend. Among men´s skin care, not only moisturisers, but anti-agers will become increasingly diverse in response to increasing demand from male consumers.

Click for report details: ..

Browse all Consumer Goods Market Research Reports ..

Browse all Consumer Goods Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 593 Words
Related Articles
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.