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The South Korea market size for bath products reached a value of more than USD 342.80 million in 2022. The South Korea bath products industry is expected to grow at a CAGR of 2.10% between 2023 and 2028.
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In daily life, bathing and showering involve the use of bath products. Shower gel and bubble wash, bath salts, bar soaps, and bath bombs and capsules, among others, are different types of bath products available in the South Korean market. Bath products aid in thorough body washing and assist in maintaining sanitary body conditions. Many bath products also have additional fragrances that aid in releasing a pleasant odour from the body.
People look for a few minutes of peace and quiet to unwind and rejuvenate themselves because of their busy lives. One of the best ways to do this is by taking a long, relaxing bath using products that not only make the skin seem beautiful but also heal and rejuvenate it. Nowadays, one can get excellent bath products that are formulated using natural ingredients and are loaded with herbal extracts. These bath and shower products cleanse and hydrate the skin with ingredients including shea butter, avocado oil, chamomile, clarified butter, carrots, vitamin E oil, and lemongrass.
Moreover, due to its advantages for the skin, organic bath products are becoming more popular. Contrarily, mass-produced synthetic soap is created with harsh colours, preservatives, and lathering ingredients derived from petroleum. While natural soaps often include butter and oils from different plants. There are many vitamins, minerals, and antioxidants in this material. These compounds are necessary for human skin, hair, and other body components to develop, survive, and/or maintain health. Other healthy elements including clays, salts, essential oils, and plant extracts are frequently added to natural soaps.
Many bath products, such as bath salts, are used therapeutically to treat a variety of skin conditions, including those brought on by eczema or contact dermatitis. Bath salts also aid in the relief of various joint problems and injuries, as well as the treatment of aching muscles or joints. Bath salt is commonly used by fitness enthusiasts and athletes to cure physical conditions including rheumatoid arthritis and vascular dysfunction as well as alleviate discomfort in the feet and joints. Bath salts aid in the maintenance of a healthy mental state by reducing stress and assisting in the treatment of various mental diseases such as insomnia.
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Based on product, the South Korea bath products market is segmented into shower cream/gel, bar soap, and shower oil, among others. On the basis of form, the South Korea bath products market is divided into solid and gels and liquid. Based on end user, the bath products market of South Korea is bifurcated into male, female, and unisex. On the basis of distribution channel, the South Korea bath products market of South Korea is classified into supermarket and hypermarkets, convenience stores, and online, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the South Korea bath products market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Factors such as premiumisation, rising disposable income and high living standards propel the bath products market growth in South Korea. Several products are available in the market due to the rising demands from consumers. One of the most well-liked bath items is shower gel. The gel has a creamy texture and is quite similar to body wash. Many shower gels have foaming ingredients that are specially designed to produce a creamy froth when applied to the skin. One of the various skincare items is a bath bomb. Most are intended for one use only and are made of baking soda, citric acid, fragrance extracts, and oils. The bath oil is a scented oil that is added to bath water and is necessary for any beauty soak in a bathtub. Bath oils offer therapeutic advantages and improve bathing quality.
The high inclination towards hygiene has increased the market for gel and liquid-based bath products and COVID-19 has significantly proliferated their market. Other drivers such as affordability, innovative product launches and consumer awareness are further going to augment the development of the Bath products market in South Korea. Solid bath products have always secured a significant market share and nowadays handmade soaps which are customized according to different skin types are very popular among the general public.
The considerable rise in personal hygiene and cleanliness awareness offers business owners a profitable opportunity to create innovative and appealing bath products. The market for bath products in South Korea is anticipated to expand due to the country's growing need for scented shower items such as creams, gels, scrubs, aromatic oils, and others. The South Korean population pays huge attention to looks and hygiene, which makes such products popular among all genders. Nowadays, unisex bath products are also in demand, which is contributing to the market's development.
People may review the ingredient list for each product, which is provided so they can choose the ones that are most suited to their needs and skin type, in order to make an informed decision on both offline and online stores. However, in order to help consumers make better decisions, online platforms often offer ratings and reviews of various bath products. Other factors such as same-day delivery, discounts, coupons, and safe payment options have made online channels very popular in South Korea.
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Aekyung Industrial Co., Ltd- Aekyung Industrial Co Ltd is a company that makes, exports, and distributes cosmetics, home care, and healthcare goods. Air fresheners, body care, dishwashing liquid, cosmetics, laundry detergent, toothpaste, deodorant, and hair care products are among the company's product offerings. The headquarter of Aekyung Industrial Co Ltd is in Seoul, South Korea. The company was established in the year 1985.
LG H&H Co., Ltd- Household items, cosmetics, and drinks are all produced, supplied, and distributed by LG Household & Healthcare Ltd. It was incorporated in 1947 under the name Lucky Chemical Industrial Co. Three business segments make up the company's operations: The Health segment produces household goods like laundry detergents, cleaning and hygiene products, and aromatics; the Beauty segment produces cosmetics and coloured make-ups like lotion, essences, lipsticks, and eye creams; and the Refreshing segment sells carbonated and noncarbonated beverages like tea, juice, coffee, and others, as well as bottled water products. Based in Seoul, South Korea, LG Household & Healthcare Ltd. conducts business in a number of countries, including Singapore, Japan, the United States, China, Vietnam, Taiwan, and Canada.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Form |
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Breakup by End User |
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Breakup by Distribution Channel |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 South Korea Bath Products Market Overview
8.1 Key Industry Highlights
8.2 South Korea Bath Products Historical Market (2018-2022)
8.3 South Korea Bath Products Market Forecast (2023-2028)
9 South Korea Bath Products Market by Product
9.1 Shower Cream/Gel
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Bar Soap
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
9.3 Shower Oil
9.3.1 Market Share
9.3.2 Historical Trend (2018-2022)
9.3.3 Forecast Trend (2023-2028)
9.4 Others
10 South Korea Bath Products Market by Form
10.1 Solid
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Gels and Liquid
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
11 South Korea Bath Products Market by End User
11.1 Male
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Female
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 Unisex
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
12 South Korea Bath Products Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Convenience Stores
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Online
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Amorepacific Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 LG H&H Co., Ltd
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Aekyung Industrial Co., Ltd
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Unilever Plc
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Johnson & Johnson Services, Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Reckitt Benckiser Group plc
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Beiersdorf AG
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Lion Corporation
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Lush Retail Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Klairs
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. South Korea Bath Products Market: Key Industry Highlights, 2018 and 2028
2. South Korea Bath Products Historical Market: Breakup by Product, 2018-2022
3. South Korea Bath Products Market Forecast: Breakup by Product, 2023-2028
4. South Korea Bath Products Historical Market: Breakup by End User, 2018-2022
5. South Korea Bath Products Market Forecast: Breakup by End User, 2023-2028
6. South Korea Bath Products Historical Market: Breakup by Distribution Channel, 2018-2022
7. South Korea Bath Products Market Forecast: Breakup by Distribution Channel, 2023-2028
8. South Korea Bath Products Historical Market: Breakup by Region, 2018-2022
9. South Korea Bath Products Market Forecast: Breakup by Region, 2023-2028
10. South Korea Bath Products Market Structure.
In 2022, the South Korea bath products market attained a value of nearly USD 342.80 million.
The market is projected to grow at a CAGR of 2.10% between 2023 and 2028.
The surge of bathing salts, premiumisation, increasing demand for fragranced bath products, rising disposable income and high living standards, and rise in personal hygiene and cleanliness awareness are the major driver of the South Korea bath products industry.
Rising demand for herbal and organic bath products and the availability of various products for different skin types are the key trends in the market.
The dominant product types in the industry are cream/gel, bar soap, and shower oil, among others.
The leading distribution channels in the market are supermarket and hypermarkets, convenience stores, and online, among others.
The major players in the industry are Amorepacific Corporation, LG H&H Co., Ltd, Aekyung Industrial Co., Ltd, Unilever Plc, Johnson & Johnson Services, Inc., Reckitt Benckiser Group plc, Beiersdorf AG, Lion Corporation, Lush Retail Ltd, and Klairs, among others.
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