- 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 2021 and is expected to reach USD 23.5 billion by 2028, at a CAGR of 11.3% during the forecast period 2022 to 2028. 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 men’s 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
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 And Personal Care Products Market
Korea Beauty Personal Care Products Market
South Korea’s cosmetics industry is recognized as a global innovation base for cosmetics. Most parts of the globe are now starting to follow the latest patterns set by the Korean cosmetic industry. Cushion foundations & BB creams have been introduced all over the world, for example. Essentially, the South Korean cosmetics industry focuses on skin hydration & pigmentation reduction. South Korean beauty trends include skin care development, unlike Japan’s cosmetic & beauty trend of keeping it plain. Furthermore, the packaging of beauty products, such as hand gel in gummy bears and face powder in panda palettes, is very different from the rest of the world. Such packaging is also one of the key reasons that has attracted a great number of buyers and increased exports.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- In December 2019, Sisun International, the company behind South Korean apparel retailer Michaa, launched its new sun care brand and is looking forward to expanding its business into the cosmetic market.
- In November 2019, Estée Lauder Companies acquired a K-beauty skincare brand Dr. Jart+.
Korea Beauty Personal Care Products Market Segmentation
Personal care
Cosmetics
- Facial cosmetics
- Eye cosmetics
- Lip & nail make-up products
- Hair styling & coloring
Distribution Channel
- Specialty stores
- Supermarkets/hypermarkets
- Convenience stores
- Pharmacies/drug stores
- Online retail channels
- Others
Frequently Asked Questions
2021 is the base year and 2028 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.
Table of Content
- 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, 2015 - 2019 and Forecast, 2020 - 2026
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Korea Beauty & Personal Care Products Market, By Product, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Hair care
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Skin care
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Bath & shower
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Oral care
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Men’s grooming products
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Deodorants & Antiperspirants
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (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, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Facial cosmetics
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Eye cosmetics
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (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, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Hair styling & coloring
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (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, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Specialty stores
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Supermarket/hypermarket
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Convenience stores
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Pharmacies/drug stores
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Online retail channels
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (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, 2020 - 2026
- Specialty stores
- North America Zero Waste Shampoo Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Product Analysis 2015 - 2019 and Forecast 2020 - 2026 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 2015 - 2019 and Forecast 2020 - 2026 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 2015 - 2019 and Forecast 2020 - 2026 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 2015 - 2019 and Forecast 2020 - 2026 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
Competitive Assessment:
Key players profile in the market include-
- Amorepacific Corporation
- Nature Republic
- The Face Shop Inc.
- Jart+