Research and development expenses Cosmax Inc. 2017-2023

Published by
Nina Jobst,
Jul 3, 2024

In 2023, cosmetics ODM/OEM (Original Design Manufacturer/ Original Equipment Manufacturer) company Cosmax Inc. spent approximately 54 billion South Korean won on research and development. ODM/OEM companies manufacturer sell their product not under their own brands but as a B2B business model under their customers' brands.

Research and development expenses of cosmetics ODM company Cosmax Inc. from 2017 to 2023 (in billion South Korean won)

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Release date

March 2024

Region

South Korea

Survey time period

2017 to 2023

Supplementary notes

ODM stands for Original Design Manufacturer.

1,000 South Korean won equals 0.72 U.S. dollars or 0.67 euro as of July 2024.

Figures have been rounded.

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