Haircare in South Korea
Summary
Haircare 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 haircare market consists of retail sales of conditioner, hair colorants, hair loss treatments, perms & relaxers, salon hair care, shampoo and styling agents. 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 Haircare market had total revenues of $1,075.4 million in 2023, representing a negative compound annual growth rate (CAGR) of 0.1% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.5% between 2018 and 2023, to reach a total of 36.4 million units in 2023.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 1.8% for the five-year period 2023-28, which is expected to drive the market to a value of $1,175.4 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 haircare market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the haircare market in South Korea
- Leading company profiles reveal details of key haircare market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea haircare market with five year forecasts by both value and volume
- What was the size of the South Korea haircare market by value in 2023?
- What will be the size of the South Korea haircare market in 2028?
- What factors are affecting the strength of competition in the South Korea haircare market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's haircare 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 haircare market?
- 7.3. Which companies have been most successful in increasing their market shares between 2018-23?
- 7.4. Which companies market shares have suffered between 2018-23?
- 7.5. What are the most popular brands in the South Korean haircare market?
- 8 Company Profiles
- 8.1. Amorepacific Corp
- 8.2. L'Oreal SA
- 8.3. Aekyung Industrial Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Korea haircare market value: $ million, 2018-23
- Table 2: South Korea haircare market volume: million units, 2018-23
- Table 3: South Korea haircare market category segmentation: % share, by value, 2018-23
- Table 4: South Korea haircare market category segmentation: $ million, 2018-23
- Table 5: South Korea haircare market geography segmentation: $ million, 2023
- Table 6: South Korea haircare market distribution: % share, by value, 2023
- Table 7: South Korea haircare market value forecast: $ million, 2023-28
- Table 8: South Korea haircare market volume forecast: million units, 2023-28
- Table 9: South Korea haircare 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: L'Oreal SA: Key Facts
- Table 14: L'Oreal SA: Annual Financial Ratios
- Table 15: L'Oreal SA: Key Employees
- Table 16: L'Oreal SA: Key Employees Continued
- Table 17: Aekyung Industrial Co Ltd: Key Facts
- Table 18: Aekyung Industrial Co Ltd: Annual Financial Ratios
- Table 19: Aekyung Industrial Co Ltd: Key Employees
- Table 20: South Korea Size of Population (million), 2019-23
- Table 21: South Korea Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 22: South Korea GDP (current prices, $ billion), 2019-23
- Table 23: South Korea Inflation, 2019-23
- Table 24: South Korea Consumer Price Index (absolute), 2019-23
- Table 25: South Korea Exchange Rate, 2018-23
- List of Figures
- Figure 1: South Korea haircare market value: $ million, 2018-23
- Figure 2: South Korea haircare market volume: million units, 2018-23
- Figure 3: South Korea haircare market category segmentation: $ million, 2018-23
- Figure 4: South Korea haircare market geography segmentation: % share, by value, 2023
- Figure 5: South Korea haircare market distribution: % share, by value, 2023
- Figure 6: South Korea haircare market value forecast: $ million, 2023-28
- Figure 7: South Korea haircare market volume forecast: million units, 2023-28
- Figure 8: Forces driving competition in the haircare market in South Korea, 2023
- Figure 9: Drivers of buyer power in the haircare market in South Korea, 2023
- Figure 10: Drivers of supplier power in the haircare market in South Korea, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the haircare market in South Korea, 2023
- Figure 12: Factors influencing the threat of substitutes in the haircare market in South Korea, 2023
- Figure 13: Drivers of degree of rivalry in the haircare market in South Korea, 2023
- Figure 14: South Korea haircare market share: % share, by value, 2023
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