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South Korean Cosmetics Imports In Canada Grow 48 Percent, Report Says

January 11, 2016: 12:00 AM EST
Imports of South Korean cosmetics in Canada grew 48 percent from 2014 to reach $20.2 million, according to a report by the Korea Trade-Investment Promotion agency. Growth was driven by the Canada-Korea free trade agreement, which came into force in January 2015. Demand for Korean beauty products are being driven by native Canadian consumers and by the rising number of Asian immigrants in the country, according to market research firm Euromonitor International.
Lucy Whitehouse, "Canada beauty imports from South Korea up 48%, thanks to free trade agreement", CosmeticsDesign.com | USA, January 11, 2016, © William Reed Business Media SAS
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