- Hair care
- Skin care
- Bath & shower
- Oral care
- Men’s grooming products
- Deodorants & antiperspirants
Korea Beauty And Personal Care Products Market size was valued at USD 10.0 billion in 2023 and is expected to reach USD 23.5 billion by 2030, at a CAGR of 11.3% during the forecast period 2024 to 2030. The increase in consumption of cosmetics among women due to the increase in the number of women participating in social and economic activities has had a strong positive effect on the demand for Korea beauty & personal care products. The growth of the Korea beauty & personal care products market is further fueled by new product launches for mens cosmetics that target and support their skin problems. The power of social media is one of the most important elements of the global success of Korea beauty & personal care products. The increase in the trend of veganism, however, may have a negative effect on the production of K-beauty products.
Market growth is limited by the increase in the number of conscious consumers, especially in terms of sustainability, environmental impact and animal welfare. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Korea beauty & personal care products market report includes human demographics, regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions and market unmet needs.
Korea Beauty And Personal Care Products Market Dynamics
Consumers are becoming increasingly aware of the ingredients in their products in the South Korean beauty and personal care industry and tend to use natural and organic ingredients and processes in the manufacture of such products. For example, as of 2017, 44% of women in South Korea planned to use more natural and organic ingredients or fewer chemicals in their beauty products, according to a survey conducted by Philips. In addition, to maximize their efficacy, different skincare products are fortified with natural ingredients such as Aloe Vera. This organic beauty movement may be due to certain chemicals with the potential to cause harm to both the skin and the environment. Therefore, it is expected that this trend in organic beauty will boost the demand for organic and natural cosmetics.
Korea Beauty Personal Care Products Market Segmentation
By Personal care
By Cosmetics
- Facial cosmetics
- Eye cosmetics
- Lip & nail make-up products
- Hair styling & coloring
By Distribution Channel
- Specialty stores
- Supermarkets/hypermarkets
- Convenience stores
- Pharmacies/drug stores
- Online retail channels
- Others
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
- Executive Summary
- Korea Beauty & Personal Care Products Market Introduction
- Korea Beauty & Personal Care Products Market Taxonomy
- Korea Beauty & Personal Care Products Market Definitions
- By Personal Care Products
- By Cosmetics/Make-up Products
- By Distribution channel
- Korea Beauty & Personal Care Products Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Korea Beauty & Personal Care Products Market Dynamic Factors - Impact Analysis
- Korea Beauty & Personal Care Products Market Competition Landscape
- Korea Beauty & Personal Care Products Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Korea Beauty & Personal Care Products Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Hair care
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Skin care
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Bath & shower
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Oral care
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Men’s grooming products
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Deodorants & Antiperspirants
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Hair care
- Korea Beauty & Personal Care Products Market, By Cosmetics/Make-up products, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Facial cosmetics
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Eye cosmetics
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Lip & nail make-up products
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Hair styling & coloring
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Facial cosmetics
- Korea Beauty & Personal Care Products Market Forecast, By Distribution channel, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Specialty stores
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Supermarket/hypermarket
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Convenience stores
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Pharmacies/drug stores
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Online retail channels
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Korea Beauty & Personal Care Products Market - Opportunity Analysis Index, By Product, By Cosmetics/make-up products, By Distribution channel, and Region, 2024 - 2030
- Specialty stores
- North America Zero Waste Shampoo Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
- Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Hair care
- Skin care
- Bath & shower
- Oral care
- Men’s grooming products
- Deodorants & Antiperspirants
- Cosmetics/Make-up products Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Facial cosmetics
- Eye cosmetics
- Lip & nail make-up products
- Hair styling & coloring
- Distribution channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Specialty stores
- Supermarket/hypermarket
- Convenience stores
- Pharmacies/drug stores
- Online retail channel
- Others
- Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Catch & Catch Offerings, Key Developments, Strategies, and SWOT Analysis)
- Amorepacific Corporation
- Nature Republic
- The Face Shop
- Co.Ltd
- Jart+
- Research Methodology
11. Key Assumptions and Acronyms
- Amorepacific Corporation
- Nature Republic
- The Face Shop Inc.
- Jart+