Product Code: ETC320903 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Cosmetic Products market currently, in 2023, has witnessed an HHI of 1614, Which has decreased slightly as compared to the HHI of 1665 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Cosmetic products in South Korea encompass skincare, makeup, and personal care items catering to diverse consumer preferences and beauty trends. Market dynamics include K-beauty innovations, eco-friendly packaging, and digital marketing strategies driving product differentiation and brand engagement in the competitive cosmetic market.
The drivers of the South Korea Cosmetic Products Market include the increasing demand for skincare and beauty products. Technological advancements in product formulations and their benefits in enhancing product efficacy support market expansion.
Market challenges in South Korea`s cosmetic products industry include maintaining product innovation and differentiation, ensuring regulatory compliance and safety standards, and addressing consumer demand for natural and sustainable beauty solutions. Cosmetic brands must innovate in formulation science, support K-beauty trends, and integrate digital marketing strategies to enhance brand visibility and consumer engagement in competitive global markets for skincare, makeup, and fragrance products that cater to diverse beauty preferences and lifestyle trends.
Government regulations in South Korea for the cosmetic products market focus on product safety, ingredient transparency, and cosmetic labeling. Policies regulate cosmetic formulation standards, product testing protocols, and marketing claims. Incentives are provided for developing eco-friendly cosmetics, improving cosmetic manufacturing practices, and compliance with cosmetic industry regulations.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Cosmetic Products Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Cosmetic Products Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Cosmetic Products Market - Industry Life Cycle |
3.4 South Korea Cosmetic Products Market - Porter's Five Forces |
3.5 South Korea Cosmetic Products Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 South Korea Cosmetic Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
4 South Korea Cosmetic Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of South Korean consumers |
4.2.2 Growing beauty and skincare awareness among the younger population |
4.2.3 Rising demand for natural and organic cosmetic products |
4.3 Market Restraints |
4.3.1 Strict regulations on cosmetic product ingredients and testing |
4.3.2 Intense competition among domestic and international cosmetic brands |
4.3.3 Economic uncertainties affecting consumer spending on non-essential items |
5 South Korea Cosmetic Products Market Trends |
6 South Korea Cosmetic Products Market, By Types |
6.1 South Korea Cosmetic Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Cosmetic Products Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 South Korea Cosmetic Products Market Revenues & Volume, By Skin Care Products, 2018 - 2028F |
6.1.4 South Korea Cosmetic Products Market Revenues & Volume, By Color Cosmetics, 2018 - 2028F |
6.1.5 South Korea Cosmetic Products Market Revenues & Volume, By Hair Care Products, 2018 - 2028F |
6.1.6 South Korea Cosmetic Products Market Revenues & Volume, By Fragrance And Deodorants, 2018 - 2028F |
6.1.7 South Korea Cosmetic Products Market Revenues & Volume, By Sun Care Products, 2018 - 2028F |
6.1.8 South Korea Cosmetic Products Market Revenues & Volume, By Soaps, Bath, & Shower Products, 2018 - 2028F |
6.1.9 South Korea Cosmetic Products Market Revenues & Volume, By Personal Hygiene Products, 2018 - 2028F |
6.1.10 South Korea Cosmetic Products Market Revenues & Volume, By Personal Hygiene Products, 2018 - 2028F |
6.2 South Korea Cosmetic Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 South Korea Cosmetic Products Market Revenues & Volume, By Supermarkets, 2018 - 2028F |
6.2.3 South Korea Cosmetic Products Market Revenues & Volume, By Pharmacy & Drug Stores, 2018 - 2028F |
6.2.4 South Korea Cosmetic Products Market Revenues & Volume, By Department Stores, 2018 - 2028F |
6.2.5 South Korea Cosmetic Products Market Revenues & Volume, By Direct Selling, 2018 - 2028F |
6.2.6 South Korea Cosmetic Products Market Revenues & Volume, By Specialty Stores, 2018 - 2028F |
6.2.7 South Korea Cosmetic Products Market Revenues & Volume, By Beauty Salons, 2018 - 2028F |
6.2.8 South Korea Cosmetic Products Market Revenues & Volume, By Others, 2018 - 2028F |
6.2.9 South Korea Cosmetic Products Market Revenues & Volume, By Others, 2018 - 2028F |
7 South Korea Cosmetic Products Market Import-Export Trade Statistics |
7.1 South Korea Cosmetic Products Market Export to Major Countries |
7.2 South Korea Cosmetic Products Market Imports from Major Countries |
8 South Korea Cosmetic Products Market Key Performance Indicators |
8.1 Number of new product launches in the natural and organic cosmetic segment |
8.2 Consumer engagement on social media platforms for cosmetic brands |
8.3 Growth in online sales of cosmetic products in South Korea |
9 South Korea Cosmetic Products Market - Opportunity Assessment |
9.1 South Korea Cosmetic Products Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 South Korea Cosmetic Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
10 South Korea Cosmetic Products Market - Competitive Landscape |
10.1 South Korea Cosmetic Products Market Revenue Share, By Companies, 2021 |
10.2 South Korea Cosmetic Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |