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2020-06-18
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South Korea
The South Korea cosmetics industry is considered as global center of innovations in cosmetics. The new trends set by Korean cosmetic industry are now started to be followed by major parts of the world. Such as cushion foundation & BB creams has been adopted across the world. South Korean cosmetics industry essentially focuses on hydration of skin & reduction of pigmentation. Unlike Japanese cosmetic & beauty trend of keeping it simple, South Korean beauty trends includes skin care advancement.
Furthermore, the packaging of cosmetic products is very different from rest of the world such as hand gel in gummy bears and face powder in panda palettes. Such packaging is also one of the top factors that has attracted large number of consumers & increased the exports. The fast growth in South Korea cosmetic industry has captured the business deal from global cosmetics manufacturers. Top contract manufacturers in South Korea are approached by top players of the world. As per Goldstein Research, South Korea cosmetics market is valued at nearly USD 9.29 billion in 2017 and is anticipated to grow at a CAGR of 4.95% during the forecast period 2017-2025.
By Product Type
By Pricing
By Gender
By Distribution Channel
Our South Korea Cosmetics market report comprises of the following companies as the key players: Cosmax , Korea Kolmar, AmorePacific Corporation, Cosmecca, TONYMOLY Co.,Ltd., Skin Food, Missha, SHISEIDO, KOSÉ Corporation, Muji, Kao Corporation, POLA Orbis Holdings Inc., FANCL Corporation, Coach, LVMH, Puig, the Estée Lauder Companies Inc., Ralph Lauren Corporation, L’Oréal, Coty, Revlon, Avon Products, Inc., Hermès, Oriflame, The Procter & Gamble Company, Unilever PLC, GIVI Holding S.p.A., Christian Louboutin S.A., Bottega Veneta, Balmain, Azzaro, Carolina Herrera, Groupe Clarins SA, etc.
Key questions answered in this South Korea Cosmetics Market Report
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