Cosmetics stores that close their doors showed a steady increase.
The results are based on an analysis of the current status of cosmetics stores (industrial code 523131) over the past four years (as of the end of December 2014 and the end of December 2018) in the "Current Status of 100 Major Industries" data released every month by the National Tax Service.
The number of cosmetic shops fell from 36,994 as of the end of December 2014 to 34,943 as of the end of December 2018, 20,051 reduced (5.54%) over the four-year period. During this period, Seoul showed a double-digit drop to 1,174 (14.68 percent) and Incheon 192 (11.74 percent).
※ The data of 'Status of cosmetics stores nationwide (December 2014 ~ December 2018)' can be found on 'The K-Beauty Science' website.