Product Code: ETC4486944 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
The South Korea Glycolic Acid Market is expanding with the adoption of alpha hydroxy acids (AHAs) in skincare products, chemical peels, and industrial applications for exfoliation, skin renewal, and chemical synthesis. Glycolic acid offers mild yet effective exfoliation, anti-aging benefits, and pH adjustment properties, enhancing skincare formulations and industrial processes. The market growth is driven by beauty trends promoting skin rejuvenation, cosmetic industry innovations, and research advancements in glycolic acid applications supporting safe and effective product formulations in South Korea.
The cosmetics, healthcare, and industrial sectors` demand for glycolic acid as a versatile ingredient in skincare, pharmaceuticals, and chemical processes is driving growth in South Korea`s glycolic acid market. Glycolic acid, derived from natural sources or synthesized, offers exfoliating, anti-aging, and pH-balancing properties in skincare products, as well as applications in chemical peels and industrial processes. Market drivers include consumer preferences for anti-aging skincare solutions, innovations in glycolic acid formulations enhancing efficacy and safety, and industrial applications requiring glycolic acid for water treatment and metal cleaning processes, driving market expansion across personal care, healthcare, and industrial sectors.
The glycolic acid market in South Korea faces challenges including supply chain disruptions and fluctuating raw material costs impacting production and pricing strategies. Market dynamics driven by consumer demand for skincare and industrial applications influence product development towards high-purity and sustainable glycolic acid formulations. Moreover, regulatory compliance with safety and environmental standards poses operational challenges for manufacturers, influencing market competitiveness and innovation in the glycolic acid sector.
In South Korea, government policies support the glycolic acid market by promoting its use in cosmetics and personal care products. Regulations ensure the safety and quality of glycolic acid products. The government also provides incentives for companies investing in sustainable and efficient production methods, and supports R&D activities to explore new applications in various industries.
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 Glycolic Acid Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Glycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Glycolic Acid Market - Industry Life Cycle |
3.4 South Korea Glycolic Acid Market - Porter's Five Forces |
3.5 South Korea Glycolic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 South Korea Glycolic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 South Korea Glycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Glycolic Acid Market Trends |
6 South Korea Glycolic Acid Market, By Types |
6.1 South Korea Glycolic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 South Korea Glycolic Acid Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 South Korea Glycolic Acid Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.4 South Korea Glycolic Acid Market Revenues & Volume, By Technical, 2021-2031F |
6.2 South Korea Glycolic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Glycolic Acid Market Revenues & Volume, By Personal Care & Dermatology, 2021-2031F |
6.2.3 South Korea Glycolic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 South Korea Glycolic Acid Market Revenues & Volume, By Household, 2021-2031F |
7 South Korea Glycolic Acid Market Import-Export Trade Statistics |
7.1 South Korea Glycolic Acid Market Export to Major Countries |
7.2 South Korea Glycolic Acid Market Imports from Major Countries |
8 South Korea Glycolic Acid Market Key Performance Indicators |
9 South Korea Glycolic Acid Market - Opportunity Assessment |
9.1 South Korea Glycolic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 South Korea Glycolic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 South Korea Glycolic Acid Market - Competitive Landscape |
10.1 South Korea Glycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 South Korea Glycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |