Paediatric consumer health in South Korea is expected to maintain growth throughout the forecast period, with most categories set to see growth. However, although a positive performance is expected, paediatric vitamins and dietary supplements is likely to face challenges to growth due to the low birth rate and population decline.
The effects of the discontinuation of Suspen Suppository are yet to be fully understood. Some experts argue that the halt to production of fever-reducing suppositories should not be a decision based solely on business profitability, and that it should be considered a public wellbeing issue.
The competition in paediatric consumer health is expected to intensify in South Korea in the coming years. Despite the declining birth rate, parents are increasingly willing to spend more on their children’s health, with convenience emerging as a key selling point.
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Understand the latest market trends and future growth opportunities for the Paediatric consumer health industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Paediatric consumer health industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Paediatric consumer health
Products only specifically designed, marketed and labelled for children's symptoms. Include paediatric analgesics, paediatric cough, cold and allergy remedies, paediatric digestive remedies, paediatric medicated skin care, nappy (diaper) rash treatments, paediatric vitamins and dietary supplements.
See All of Our DefinitionsThis report originates from Passport, our Paediatric consumer health research and analysis database.
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