Despite Declining Birth Rates, South Korea’s Premium Market for Children’s Products Thrives

SEOUL, Mar. 12 (Korea Bizwire) – In South Korea, a somewhat surprising economic trend is unfolding: despite the nation’s birth rates hitting new lows each year, the market for premium children’s products continues to expand. This growth is largely driven by the “ten pocket” trend, where up to ten family members are willing to open their [...]