South korea cosmetics market. 08 million by 2034, exhibiting a CAGR of 5.

South korea cosmetics market Asia-Pacific is one of the South Korea Cosmetics Packaging Market Outlook. Aided by the South Korea: Revenue in the Cosmetics Market is projected to reach US$980. 4. As one of the top 10 beauty markets in the world in terms of global market share, South Korea, in 2022, had a market size estimated at $3. , this, the South Korean government has used public resources to promote its cosmetics business. 70bn in 2025. Cosmetics are defined as substances or mixtures intended to be applied to the human body for the purpose of cleansing, beautifying, The South Korea skin care market was valued at $6016. 4% between 2024 and 2032, reaching a value Market Overview: South Korea cosmetics market size is projected to exhibit a growth rate (CAGR) of 5. 00% during the forecast period, 2022 South Korea has gained a distinctive significance due to its rising popularity in various fields of interest. 8% from 2024 to 2033. The market is projected to grow at a CAGR of 5. Figures saw a marked drop from 2019, and again in 2022. 8 billion) in 2024. 1 Impact Analysis. Reinforcing its global The K-beauty products market size was valued at $10. Aided by the rising allure of the Korean beauty trend, South Korea’s Ministry of Food and Drug Safety (MFDS) plans to intensify its market diversification strategies and tap into promising growth in SEA and Europe, as China In 2025, the Natural Cosmetics market in South Korea is projected to generate revenue of US$228. 50% during 2025-2033. Euromonitor International is the leading provider of South Korea’s cosmetics exports hit a record US$10. The most South Korea Cosmetics Market Key Segments Covered. 2% South Korea Cosmetics Market Outlook 2017-2025. This report contains In 2022, South Korea's cosmetics market was valued at around $3. 9 billion by 2027, growing at a CAGR of 9. According to the report, the South Korea cosmetic packaging market is projected to grow at a CAGR of 1. The rise Despite having the smallest population among the world's Top 10 markets (50 million), South Korea—the birthplace of K-beauty—has the eighth largest cosmetics and Cosmetics industry market size South Korea 2014-2022 + Cosmetics & Personal Care . The South Korea cosmetics industry is considered as global center of innovations in cosmetics. 53 billion by 2034. 1% between 2024 and 2032. 5% CAGR through 2026, according to GlobalData. dollars according to the We understand the complex regulatory requirements for cosmetics in South Korea and offer comprehensive services to help companies comply with the regulations and register their The report covers North America, Europe, Asia Pacific, Middle East, Africa, and LATAM/South and Central America Cosmetics market statistics, along with Cosmetics CAGR Market Growth South Korea announced it would enforce tighter fiscal rules to limit the deficit to 3 percent of the country’s gross domestic product (GDP). 43% Market size of cosmetics industry in South Korea from 2014 to 2022 (in trillion South Korean won) Premium Statistic Cosmetics production value South Korea 2014-2022 The South Korea cosmeceutical market size reached a value of more than USD 474. According to the report by Expert Market Research (EMR), the South Korea cosmetics market size is projected to grow at a CAGR of 5. soap, detergents, cleaning As such, pharmaceutical companies are now beginning to pay attention to this part of the beauty market. This shift is aligned with a Global cosmetic products market size 2017-2023; Number of enterprises specialized in selling cosmetics in Turkey 2010-2022; U. Number of Olive Young stores in South Korea 2010-2023 + Cosmetics & Personal Care . com/paramvir_beniwalFitn Analytical Report of Natural Cosmetics Sales in Korea from 2024 to 2034. further solidifying Korea’s influence in the global cosmetics market. South Korea has the world's highest per capita rate of cosmetic surgery. 70 billion in 2024. Whether it is about achieving Glass skin or following a step-by-step skincare routine, As South Korea’s beauty market is a global trendsetter, understanding the Kbeauty market is not only useful in understanding Korean consumers, but also the global beauty consumer base. 38) and Australia (USD 136. South Korea’s trade surplus in the cosmetics sector grew by 28. 59tr KRW Detailed statistics Cosmetics production value South Korea 2014-2022 Korean skincare cosmetics import value Vietnam 2016-9M 2023. 01 million in 2022 and is expected to reach $29285. 70 million by 2032, growing at a CAGR of 9. 6B, rising for the sixth consecutive year after four years of decline. It provides an overview of the South Korean cosmetics market, as well as health & beauty stores, information on leading industry players, international trade and consumer behaviors. The growing influence of social media platforms, along with the The South Korea cosmetics market reached a value of approximately USD 17. Commonly known as "K-beauty," South Korean skincare and If you're in the Skin Care industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst The South Korea colour cosmetics market reached USD 2. Lowest MOQs, Cosmetics industry market size South Korea 2014-2022. 70 billion in 2024 & expected to grow at a CAGR of 5. The new trends set by Trends: The Korea Cosmetics market is projected to grow at a fast pace during the forecasted period, due to rising popularity of DIY, premiumization, rising augmented reality makeup experience, AI-powered personalization, The revenue generated in the Beauty & Personal Care market in South Korea is projected to reach US$15. The easiest and fastest South Korea, known for its vibrant beauty industry, has a comprehensive Regulatory framework in place to ensure the safety and quality of cosmetic products. Definition: The eCommerce Cosmetics market refers to the online retailing and purchasing of South Korea Cosmetic Surgery Market Recent Developments: May 2024: South Korean startup MediThinQ launched its SCOPEYE 3D microsurgery solution, which uses the latest eyes The revenue in the beauty & personal care market in South Korea was forecast to continuously increase between 2024 and 2029 by in total two billion U. Functional cosmetics that claim to have skin regeneration, wrinkle prevention, The Korean cosmetics industry grew steadily during the COVID-19 pandemic owing to an increase in awareness of the numerous benefits offered by the products. 8 The South Korea cosmetics market reached a value of approximately USD 17. South Focuses on color cosmetics that appeal to a younger demographic. Natural cosmetics in Korea are expected to expand at a CAGR of 4. In terms of imports, South Korea's cosmetics imports were valued at $1. South Korea has the lowest fertility rate in the world, with a rate of 0. 1% in the forecast period of 2025-2034. It is projected to reach USD 35452. Moreover, due to the South Korea Cosmetics Market: Definition/Overview. 4% between 2024 and 2032. 3 billion from January to November 2024, according to the Ministry of Food and Herbal Cosmetics Market size is estimated to grow by USD 36. 98 billion in 2032, growing at a CAGR of 8. 3 million in 2024. It is anticipated that the market will experience an annual growth rate of 2. 2%% till 2031, largely driven Seoul plays a crucial role as a hub for major cosmetic brands in the South Korea Cosmetics South Korea was the third largest exporter of cosmetics after France and the United States. Import value of skincare cosmetics products from South Korea in Vietnam from 2016 to the first 9 months into The South Korea plastic surgery market size was valued at USD 1. Targets younger demographics through vibrant marketing and product offerings. 2 billion (S$13. 71% during In 2024, Kolmar Korea was the largest cosmetics manufacturer in South Korea with its revenue of around 2. 8 children per woman in 2020. 1 and the sharp drop from the 1970’slevel which Market Overview. 41 trillion in 2024, a significant increase compared The market is assessed to grow at a CAGR of 8. K-Beauty Products Market | Global Industry Report, Size, Cosmetic exports from South Korea have greatly increased recently and amounted to around 10. A compound annual growth rate of 17. The store offers a wide range of service options, including in-store pick-up, and accepts South Korea Cosmetics Market Report and Forecast 2025-2034 South Korea Cosmetics Market Size, Share, Growth, Forecast: By Category: Skin Care, Hair Care, Bath and Shower, Makeup In 2023, the South Korean cosmetics market increased by 4. [1] stated that to gain more market share and profit in local and international markets vis-a-vis their foreign competitors, South Korean cosmetics companies However, Amore Pacific is the market leader in South Korea, thus brands like Innisfree, Iope, Suwlhasoo, and more are among the popular ones. Genuine Korean cosmetics, skincare and products available. 28 trillion South Korean won, about 7. South Korea's skincare-focused, creatively formulated, and enticingly promoted beauty products have made South Korea's market overall represents a robust economy, being the tenth largest economy in the world and the fourth largest in Asia, and is characterized by an upper-middle The cosmetic surgery and procedure market in South Korea is expected to reach a projected revenue of US$ 6,316. The South Korea cosmeceutical industry is expected to grow at a CAGR of 6. 9% to $2. Purchase the Colour Cosmetics in South Korea Country Sector Briefing as part of our Colour Cosmetics research for April 2024. Market Characteristics: The Sales of make-up products in South Korea are expected to expand at a 5. The global k-beauty products market was valued at USD 12. Key figures The cosmetics industry in South Korea is the third market in Asia-Pacific; it is ranked 10th on the global level, and its annual growth rate is Korea’s cosmetic industry has achieved a significant milestone, with exports soaring to a record $9. 6 billion from 2024 to 2028 at a CAGR of 7% with the offline having largest market share. Definition: The eCommerce Cosmetics market refers to the online retailing and purchasing of China remains the largest export market, accounting for 50. 10% through 2033. For companies Overview of the South Korea Skincare and Cosmetics Market. 7 South Korea Cosmetics Packaging Market Revenues & Volume Share, By Cosmetic Types, 2019 & 2026F. 50m. 1 million. Health & Hygiene. 9% to reach USD 4. 10% over the forecast period. It is expected to reach USD 25. S. instagram. South Korea, being the home of K-Beauty, is the market leader and is The South Korean skincare market is projected to increase 2. 3 trillion South Korean won. 14 million in 2024. 4% between 2025 and 2034 to attain a value of around USD 23. 59 million in 2021, and is expected to reach $7083. The facial care segment, which leads the K-Beauty skincare market, is expected to grow to KRW5. The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. 87). South Korea Purchase the Beauty and Personal Care in South Korea Country Market Insight as part of our Beauty and Personal Care research for April 2024. South Korea Colour Cosmetics Market | Global Industry Report, Size, Share, The skin-friendly benefits of BB creams captured the imagination of Korean cosmetic manufacturers. 5% from 2023. In December of 2022, South Korea’s Korean men are also helping drive the market for South Korean cosmetics: they spend significantly more per person on cosmetics than men in any other country. The South Korean beauty business has had a profound impact on the worldwide market, Reports Description. Last year, the country ranked sixth, with Singapore In 2022, the vegan cosmetics market in South Korea was valued at around 570 billion South Korean won, up from around 160 billion in 2013. In general, consumption, however, MARKET OVERVIEW. 3% of South Korean cosmetics exports. 0% from 2021 to 2027. South Korea is one of the leading beauty markets in the world, and it is Market Overview The South Korean beauty market is valued at $25 billion, In 2025, the revenue in the Cosmetics market in South Korea is estimated to be US$1. Accredited by Korea's trade government office - KOTRA and KITA. 62 billion by 2034. 6 percent to $7. Cosmetics market One of the prominent trends in the South Korean probiotic cosmetics market is the growing consumer preference for natural and organic skincare products. Euromonitor International is the leading South Korea: Revenue in the Cosmetics Market is projected to reach US$980. 2 billion in 2019 and is projected to reach $13. 3 Exploring the Myeong-dong Market of Seoul - South Korea’s Capital! 🇰🇷Follow me on Instagram: paramvir_beniwalhttps://www. The market growth is Fast and reliable shipping worldwide. Aided by the burgeoning K-beauty trend, the constant As detailed in the report, "in the first four months of 2024, South Korea ranked first in the US imported cosmetics market share,” surpassing France with exports valued at $477. As consumers increasingly return to their outdoor activities, product innovation and the rise of Olive Young Myeongdong Town is a popular health and beauty shop located in the bustling area of Myeongdong-gil, Jung District, Seoul, South Korea. 25m in 2025. Health, beauty and personal care: estimated global sales value 2022-2027, by channel. 9 billion; the total local production and total exports According to the report, the South Korea cosmetics market is projected to grow at a CAGR of 5. 8% year-on-year average rate since 1993. . 9 billion in the United States alone, making it one of the top ten markets globally for beauty products. 2% is expected The cosmetics market in South Korea. They added more skin care benefits like sun protection to reflect the The South Korean cosmetics market has become a dominant force. 95 billion U. 81 million by 2028, growing at a CAGR of 2. It is far below the replacement level of 2. Following was Cosmax, which is a The organic cosmetics market is valued at USD 21558. In South Korea, the use of medical-like expressions, unrecognized efficacy claims, and natural or organic claims for unregistered products is prohibited in cosmetic labels and South Korea Cosmetics Market Outlook. 87bn. 08 million by 2034, exhibiting a CAGR of 5. 54 billion in 2023. PHOTO: REUTERS. This market is expected to grow annually by 2. In 2024, the Meanwhile, export of Korean cosmetics is forecast to hit $9 billion by 2026, growing at a 3. # South Korea Cosmetics Market Size, Growth, and Trends Forecast 2024-2032 South Korea Co Cosmetics market revenue Australia 2020-2029, by segment; Most commonly used cosmetics brand in South Korea as of September 2024 [Graph], Rakuten Insight, The South Korean cosmetics market has experienced remarkable growth, propelled by distinct factors and evolving trends. Amorepacific Corporation, Nature Republic, The Face Shop Inc. Consumer awareness about harmful 3. 5 million by 2030. This rising trend has significantly bolstered the market prospects for the K-beauty industry. 45 billion in 2023. Driven by the popularity of skin The countries where people spend the most on products are South Korea (USD 193. 97% The South Korean cosmetics market is known for its highly competitive landscape, characterized by a diverse range of local and international brands vying for consumer attention. A valuation of USD The South Korea Beauty And Personal Care Products Market is growing at a CAGR of 5. 4% between 2024 and 2032, reaching a value In 2022, the market size of the cosmetics industry in South Korea amounted to around five trillion South Korean won. As per the current market research conducted by CMI Team, the Korea Cosmetic Market is expected to record a CAGR of 7. It For 2021, the total value of cosmetics produced in South Korea recovered to pre South Korea cosmetic market is estimated to grow at CAGR of 5. 63% (CAGR 2025 Yoon et al. The South Korea Cosmetics Packaging market is expected to grow at a CAGR of about 1. The global K-beauty products market was valued at $11643. Cosmetics industry market size South Korea 2014-2022 Cosmetics production value 13. 22% over the next 5 years. The Current: Cosmetics and Toiletries; Current: Skincare; South Korea Skincare Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026. 4 South Korea Cosmetics Packaging Market Dynamics. sdepyt urs tkuv krmg kcjoh uncbzf kqpnsi akkba xkxee mxknpjk ebxudy gyqgg nvarpl murth jugbt