Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

South Korea Cosmetics Market Trends

A major development in the cosmetics market includes the incorporation of natural ingredients, such as botanical extracts, minerals, and even unconventional ingredients like snail mucin in cosmetic products. This emphasis on natural skincare aligns with consumers' growing preference for clean beauty products, free from harsh chemicals.

 

South Korean cosmetic brands are renowned for their creative and eye-catching packaging designs. From whimsical and cute to sleek and minimalist, packaging significantly attracts consumers and distinguishes brands in a competitive market.

 

South Korea Cosmetics Market Report Snapshots

South Korea Cosmetics Market Size

South Korea Cosmetics Market Growth

South Korea Cosmetics Market Trends

South Korea Cosmetics Market Share

South Korea Cosmetics Manufacturers

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at USD 17.45  billion in 2023.

The market is projected to grow at a CAGR of 5.4 % between 2024 and 2032.

The revenue generated from the South Korea cosmetics market is expected to reach USD 28.02  billion in 2032.

The increasing demand for cruelty-free, clean-labeled, and eco-friendly products; the growing use of AI and AR in the beauty tech industry; and the revision and formulation of recycling and packaging norms are the key drivers of the market.

New beauty trends like DIYs, the rising influence of celebrities and the media, and the increasing demand for innovative cosmetic products are the key industry trends.

The products find applications in hair products, lip products, face products, and eye make-up, among others.

Based on distribution channels, the market is divided into hypermarkets and supermarkets, speciality stores, pharmacies/drug stores, online, and others.

The key players are Korendy Cosmetics Inc., Amorepacific Corporation, LG Household and Health Co., Ltd., Procter & Gamble Company, and ABLE C&C, Inc among others.

The market is categorised according to the category, which includes skin care, hair care, bath and shower, makeup and colour cosmetics, deodorants and fragrances, and others.

Based on the price category, the market is divided into mass and premium.

Based on gender, the market is divided into female, male, and unisex.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124

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