amorepacific eyes gain in china market share
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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AmorePacific eyes gain in China market share

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Arab Today, arab today AmorePacific eyes gain in China market share

Hong Kong - Yonhap

AmorePacific Corp., South Korea's No. 1 cosmetics manufacturer, will likely see its share of the Chinese market rise this year from a year ago, company officials said Tuesday. The market share is expected to rise to 2 percent in 2011 from 1.6 percent last year, the officials said, adding that the 0.4 percentage point rise in a year is quite an advancement for a cosmetics firm in China. They attributed the rise to growing confidence among the Chinese consumers in South Korean cosmetics products.

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