South Korea's Elderly Among Biggest Cosmetics Consumers, Study Reveals

In South Korea, people who are in their 60s and older are becoming one of the cosmetics market's biggest consumers. Data from market research firm KB Kookmin Card revealed cosmetics sales to men aged 60 years and older grew 72.8 percent between 2011 and 2015, while among women from the same age group, sales jumped 100.3 percent. Data also revealed, on average, older men spent 223,000 won on cosmetics and related products in a year, while women spent 275,000 won.