Today: May 27, 2016, 12:21 pm
  
Finance

South Korea oral care market: 3% CAGR growth forecast between 2012-17

companiesandmarkets.com
companiesandmarkets.com
Oral Care in South Korea - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-15 17:43:01
LG Household & Health Care ranked second in the South Korea oral care market during 2012 with a 23% value share. The company retained the largest value share within toothpaste based on its famous Perio brand. By undergoing a renewal of Perio, it gained more value share in 2012. In mouthwashes/dental rinses, the company recorded 39% value growth and took a 7% value share in 2012. Perio also continued to rank first, holding a 37% share of value sales in mouth fresheners.

Functional toothpaste recorded better growth than traditional/standard/basic products in 2012. Despite frequently engaging in large promotional discounting campaigns, traditional/standard/basic toothpaste showed a weak performance and declined by 9% in actual value terms in 2012. Also in toothbrushes, power toothbrushes showed better performance than manual toothbrushes. Although the unit price of power toothbrushes is about five times higher than that of manual toothbrushes, consumers continued shifting to power toothbrushes due to convenience.

Oral care is expected to increase by a CAGR of 3% in constant value terms over the forecast period. Except for mouthwashes/dental rinses, most categories will register positive growth by 2017 as consumer concern in and knowledge of oral hygiene will increase. The price range in each category is also predicted to be diverse with more players entering the respective categories based on their individual potential.

Click for report details: www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..

Browse all Consumer Goods Market Research Reports www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..

Browse all Consumer Goods Company Profile Reports www.companiesandmarkets.com/Market/Consumer-Goods/Company-Profil ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com 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, Companiesandmarkets.com’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
e-mail
www.companiesandmarkets.com



# 415 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.