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08:41
Jun 18
Jun 18
Beauty procedures boom despite inflation
The 'lipstick effect' and 'Botox effect' are driving structural growth in beauty and medical aesthetics spending that persists despite high inflation. Korean companies are global leaders in Botox, fillers, and skincare. Hugel posted record Q1 revenue from Botox and filler sales. L'Oreal recently participated in OliX's rights offering, signaling global interest in Korean biotech aesthetics. McKinsey estimates the global beauty market at approximately $660 billion, growing 7% annually. Korea has a rare opportunity to extend K-beauty's success into K-aesthetics, and Chinese tourist demand further amplifies the trend.
HIGH
About 086450.KS Analyst Coverage
Buzzberg tracks 086450.KS across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked. Past 7 days: 1 bullish. Latest voices: Park Se-ik.