North Korea's cosmetics market size 8, 2030. 700 million dollars, will expand 12 times than in 2017

South Korea there is speculation, points out that with the north-south economic cooperation, the south Korean cosmetics industry will become the first batch of benefit industry. Month, hana financial investment chief researcher Park Jongdae on 'Korean peninsula unified economic BBS as a keynote address, he did more than in the analysis of north Korea's cosmetics market speculation. The theory is based on current north Korean cosmetics market due to the content and level of container rough, is in short supply and so on lead to sharp increase in imports are proposed. From improving north Korea's domestic product quality level, ODM and packaging enterprises such as silk beauty poem, Han Guoke tamar and yan yu, etc. OEM, ODM business market may be the first to enter north Korea. Especially North Korea ~ % of the population of the market economy are women, need to focus on is under the age of the 'New North Korean generation'. North Korea's cosmetics market is about $, only of South Korea. %, the year is expected to reach. Billion won, is expected to be than times. South Korean cosmetics at north Korea's attention as the gift, mostly in the fair deal. North Korea's commodity chemical enterprises are mainly sinuiju cosmetics factory, cosmetics factory in Pyongyang, on behalf of the brand has 'mount kumgang', 'silver river ', 'future', etc. These companies by the end of the complete production process automation and modernization, no longer to invest in production equipment, thus is competitive in the quality of the south Korean cosmetics enterprises into the possibility of north Korea's market is very high. The 'future' brand is for south Korean cosmetics products, benchmarking in local was welcomed by young women. According to south Korean land institute to speculate that the funds required for the north-south economic cooperation for trillions of won, north-south cooperation projects have to folk strength, represented by the bank of securities companies set up a special working group (such as TF,专责小组团队) Open field. Lead researcher Park Jongdae said 'the north Korean cosmetics market is expected to enter the consumer market expansion stage, as the north-south economic cooperation, the cosmetics industry is expected to become the first enterprise benefit. Edit: viko