According to a report in The Korea Herald, South Korea’s cosmetics industry saw its exports rise by more than 40 percent last year in large part thanks to Chinese consumers’ bigger spending power and their increasing interests in grooming and beauty products. Data from the Korea International Trade Association showed exports of skin care and makeup products amounted to$3.97 billion last year, up 44.3 percent from $2.75 billion. LG Household & Health Care Ltd. recorded the best performance last year due to strong growth in the cosmetics sector.