Due to concerns over its domestic cosmetic industry, many increasingly wealthy Chinese have been going to South Korea for their cosmetic treatments, with Chinese medical tourists predicted to be over a million annually by 2020. The Korean cosmetics industry is expected to grow at an annual rate of more than 10 percent in the next five years, according to data from market research firm Euromonitor International. Copyright 2015 The governments of both countries have now reached an agreement to establish an accreditation platform for plastic surgeons in both countries.
Due to concerns over its domestic cosmetic industry, many increasingly wealthy Chinese have been going to South Korea for their cosmetic treatments, with Chinese medical tourists predicted to be over a million annually by 2020. The Korean cosmetics industry is expected to grow at an annual rate of more than 10 percent in the next five years, according to data from market research firm Euromonitor International. The governments of both countries have now reached an agreement to establish an accreditation platform for plastic surgeons in both countries.