Face Masks - South Korea

  • South Korea
  • Revenue in the Face Masks market in South Korea reached €59.45m in 2024.
  • It is projected to experience an annual growth rate of 0.43% (CAGR 2024-2028).
  • When compared globally, in China generates the highest revenue in this segment, with €1,049m in 2024.
  • In terms of per capita revenue, in South Korea generates €1.15 in 2024.
  • Looking ahead, the volume in the Face Masks market is expected to reach 0.2bn pieces by 2028.
  • However, there is a projected volume decline of -0.9% in 2025.
  • On average, each person in South Korea is expected to use 1.24pieces face masks in 2024.
  • The South Korean market for face masks has seen a surge in demand due to the country's strong emphasis on skincare and beauty.

Key regions: Vietnam, India, Australia, South Korea, Worldwide

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

Analyst Opinion

Just like products such as hand sanitizers and OTC medicines, face masks sales witnessed exponential growth during the peak years of the COVID-19 pandemic, 2020 and 2021, with manufacturers in industries such as Apparel, Oil and Gas, and Automobile turning to face masks production, in order to meet the demand. Over the next few years however, demand is set to reduce, amid the waning COVID-19 cases, increased vaccinations and removal of governmental norms.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on tissue and hygiene paper products, which include toilet paper, paper tissues, household paper, feminine hygiene products, baby diapers, face masks, and incontinence products that are produced for private end consumers. Retail sales through both offline and online sales channels are included.

Modeling size:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, market data from third-party sources (e.g., independent databases), historical developments, current trends, as well as survey results from our primary research (e.g., the Statista Consumer Insights Global survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and consumer spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for making forecasts about the Tissue & Hygiene Paper market, which is projected to grow steadily. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).

Vue d’ensemble

  • Revenue
  • Volume
  • Price
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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