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2020-09-01
855
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 Market Intelligence, 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 2017-2030.
By Product Type
By Pricing
By Gender
By Distribution Channel
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "South Korean Cosmetics Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our South Korea Cosmetics market report comprises of the following companies as the key players:
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