Recent York, United States, Aug. 03, 2023 (GLOBE NEWSWIRE) — South Korean skincare products are collectively known as K-Beauty. The style has gained worldwide popularity, notably in East Asia, Southeast Asia, South Asia, and the Western world, and it highlights the advantages of health, hydration, and brightness. As a consequence of the Korean tradition of employing natural, distinctive, and harsh-free ingredients, which have been passed down for generations, Korean beauty products have gentler formulations. Only natural substances explicitly labeled on the packaging are utilized in producing these things. K-beauty lays a powerful emphasis on skincare while ensuring that its products are trendy and inexpensive. The cosmetics industry in Korea is continually expanding to accommodate latest developments, especially in raw materials. Snail slime, bee venom, starfish extract, pig collagen, and morphing masks are among the many strange ingredients utilized to formulate K-beauty products. As a consequence of its high product margin, the K-beauty sector is becoming increasingly lucrative for cosmetic firms, enhancing its profitability.

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Popularization of Products Inspired by Unique Ingredient Formulas and Digital Marketing Strategies to Drive the K-Beauty Products Market

The formulation of Korean beauty products is their biggest asset. In Korea, women’s skincare procedures can range from 4 to twenty steps, with various products used to treat different skin concerns. These cosmetics are virtually entirely composed of natural ingredients. As well as, it’s difficult to search out certain chemicals in western beauty products because they’re indicative of the eastern culture. Koreans have at all times known about and employed snail slime as an anti-wrinkle lotion component to battle the outward signs of aging.

The usage of pearls in skin-brightening cosmetics and bee propolis in nourishing products are two other unusual components seen in K-beauty products. Today’s consumers are incredibly choosy in regards to the cosmetics they use on their skin, preferring those with natural ingredients. Consequently, the K-beauty sector has benefited from consumer preferences and decisions in skincare products. As well as, Korean beauty enterprises leverage their digital and e-commerce skills to suit the always rising demand in international markets.

Several Korean skincare brands, like Sokoglam and Peach & Lily, have been introduced to the USA via online shops, thereby increasing the market abroad. As well as, international cosmetic retailers are constructing sections on their web sites which are dedicated to Korean skincare brands. Sephora, a French multinational retailer of non-public care and cosmetics, has just established a K-Beauty unit. The West’s journalists and social media influencers are also fascinated by the K-beauty boom. The K-beauty firms have been praised for employing this revolutionary digital technique to increase their appeal.

Demand from the USA and South Asian Nations to Create Global K-Beauty Products Market Opportunities
As a consequence of the rapid rise of social media in North America and Asia, fashion-conscious individuals have raised awareness of K-beauty goods. Blogs, YouTube, and Instagram, are essentially the most trendy platforms for marketing and exchanging details about skincare methods and products. These platforms have contributed to the diffusion of data about these techniques and products. Moreover, the millennial generation has developed an interest in products produced by firms corresponding to Innisfree and Skin Food that incorporate natural, organic, and sustainably sourced ingredients.

Report Scope

Report Metric	Details
Market Size by 2030	USD 18.32 billion
Market Size in 2021	USD 8.30 billion
CAGR	9.2 %
Historical Data	2019-2020
Base Yr	2021
Forecast Period	2022-2030
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Aspects, and Trends
Segments Covered	By Product Type, By End-User, By Distribution Channel
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Remainder of the World
Key Corporations Profiled/Vendors	ABLE C&C CO., Adwin Korea Corp, Annie’s Way International Co. Ltd., The Beauty Factory Ltd, Bluehug, BNH Cosmetics, Ceragem Health and Beauty Co Ltd., CK Beauty Enterprise Inc., LG Household & Health Care, Amorepacifc Corporation. Ltd. Inc
Key Market Opportunities	Implementation of IoT and Advanced Analytics
Key Market Drivers	Demand from the USA and South Asian Nations

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Regional Insights

The Asia Pacific will likely command the marketplace for the k-beauty product while growing at a CAGR of 8.3%. K-beauty goods are manufactured in Asia-Pacific. Customers on this region are more excited about skincare-related products. As well as, there’s a growing desire for beauty products created with natural and organic ingredients as an alternative of synthetic ones. AmorePacific, together with LG Household & Health Care, is certainly one of the most important manufacturers of K-beauty products. Nonetheless, many smaller and smaller enterprises are also in the marketplace, each with a novel positioning. The Asia-Pacific region comprises essentially the most significant slice of all regions as a result of its massive population, quick economic expansion, and expanding consumer purchasing power.

North America is envisioned to carry USD 3,547 million, growing at a CAGR of 10.5%. North American consumers are embracing a holistic approach to skincare that reflects their enjoyment of beauty. Their attitude to beauty is heavily influenced by Korean skincare regimens, hence developing a tie between the 2 markets. Beauty products with a lightweight consistency and distinct, natural ingredients are increasingly popular, particularly amongst women. The marketplace for K-beauty products is growing as a result of revolutionary and appealing packaging, which is important.

Consumers are drawn to products with transparent labels that describe the contents. As well as, the sponsorship of Korean beauty products by celebrities on social media platforms corresponding to Instagram and Facebook has significantly raised consumer awareness. The confluence of those aspects has generated the immense market potential for K-beauty products in North America.

Key Highlights

• The global K-beauty products market size is anticipated to succeed in USD 18,329 million by 2030, growing at a CAGR of 9.2% in the course of the forecast period (2022-2030).
• Based on the product type, the sheet mask section is predicted to advance at a CAGR of 8.87% and hold the most important share.
• Based on the end-user, the feminine section is predicted to advance at a CAGR of 8.8% and hold the most important share.
• Based on the distribution channel, the specialty/ mono-brand store section will likely have the best shareholding, growing at a CAGR of 8.27%.
• Based on regional evaluation, the Asia Pacific will likely command the marketplace for the k-beauty product while growing at a CAGR of 8.3%.

Competitive Players within the Market

• ABLE C&C CO., Ltd.
• Adwin Korea Corp
• Annie’s Way International Co., Ltd.
• The Beauty Factory, Ltd.
• Bluehug, Inc.
• BNH Cosmetics
• Ceragem Health and Beauty Co, Ltd.
• CK Beauty Enterprise Inc.
• LG Household & Health Care
• Amorepacific Corporation.

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Global K-Beauty Products Market: Segmentation
By product type

• Sheet Masks
• Cleansers
• Moisturizers
• Makeup
• Others

By end-user

By distribution channel

• Online Retail
• Supermarket/Hypermarkets
• Specialty/Monobrand Stores

By Region

• North America
• Europe
• Asia Pacific
• LAMEA

TABLE OF CONTENT

1. EXECUTIVE SUMMARY
2. RESEARCH SCOPE & SEGMENTATION
   1. Research Objectives
   2. Market Definition
   3. Limitations & Assumptions
   4. Market Scope & Segmentation
   5. Currency & Pricing Considered
3. MARKET OPPORTUNITY ASSESSMENT
   1. Emerging Regions / Countries
   2. Emerging Corporations
   3. Emerging Applications / End Use
   4. Investment Landscape
   5. Recent Business Models / Revenue Streams
   6. TAM
4. MARKET TRENDS
   1. Drivers
   2. Market Warning Aspects
   3. Latest Macro Economic Indicators
   4. Geopolitical Impact
   5. Human Aspects
   6. Technology Aspects
5. MARKET ASSESSMENT
   1. Porters Five Forces Evaluation
   2. Value Chain Evaluation
   3. Sales And Distribution Channel Evaluation
   4. Average Pricing Evaluation
   5. Patent Evaluation
   6. M & A Agreements & Collabration Evaluation
   7. Export Import Evaluation
6. ESG TRENDS
7. GLOBAL K-BEAUTY PRODUCTS MARKET SIZE ANALYSIS
   1. Global K-Beauty Products Market Introduction
   2. By Product Type
      1. Introduction
         1. Product Type By Value
      2. Sheet Masks
         1. By Value
      3. Cleansers
         1. By Value
      4. Moisturizers
         1. By Value
      5. Makeup
         1. By Value
      6. Others
         1. By Value
   3. By End-User
      1. Introduction
         1. End-User By Value
      2. Male
         1. By Value
      3. Female
         1. By Value
   4. By Distribution Channel
      1. Introduction
         1. Distribution Channel By Value
      2. Online Retail
         1. By Value
      3. Supermarket/Hypermarkets
         1. By Value
      4. Specialty/Monobrand Stores
         1. By Value
8. NORTH AMERICA MARKET ANALYSIS
   1. Introduction
   2. By Product Type
      1. Introduction
         1. Product Type By Value
      2. Sheet Masks
         1. By Value
      3. Cleansers
         1. By Value
      4. Moisturizers
         1. By Value
      5. Makeup
         1. By Value
      6. Others
         1. By Value
   3. By End-User
      1. Introduction
         1. End-User By Value
      2. Male
         1. By Value
      3. Female
         1. By Value
   4. By Distribution Channel
      1. Introduction
         1. Distribution Channel By Value
      2. Online Retail
         1. By Value
      3. Supermarket/Hypermarkets
         1. By Value
      4. Specialty/Monobrand Stores
         1. By Value
   5. U.S.
      1. By Product Type
         1. Introduction
            1. Product Type By Value
         2. Sheet Masks
            1. By Value
         3. Cleansers
            1. By Value
         4. Moisturizers
            1. By Value
         5. Makeup
            1. By Value
         6. Others
            1. By Value
      2. By End-User
         1. Introduction
            1. End-User By Value
         2. Male
            1. By Value
         3. Female
            1. By Value
      3. By Distribution Channel
         1. Introduction
            1. Distribution Channel By Value
         2. Online Retail
            1. By Value
         3. Supermarket/Hypermarkets
            1. By Value
         4. Specialty/Monobrand Stores
            1. By Value
   6. Canada
9. EUROPE MARKET ANALYSIS
   1. Introduction
   2. By Product Type
      1. Introduction
         1. Product Type By Value
      2. Sheet Masks
         1. By Value
      3. Cleansers
         1. By Value
      4. Moisturizers
         1. By Value
      5. Makeup
         1. By Value
      6. Others
         1. By Value
   3. By End-User
      1. Introduction
         1. End-User By Value
      2. Male
         1. By Value
      3. Female
         1. By Value
   4. By Distribution Channel
      1. Introduction
         1. Distribution Channel By Value
      2. Online Retail
         1. By Value
      3. Supermarket/Hypermarkets
         1. By Value
      4. Specialty/Monobrand Stores
         1. By Value
   5. U.K.
      1. By Product Type
         1. Introduction
            1. Product Type By Value
         2. Sheet Masks
            1. By Value
         3. Cleansers
            1. By Value
         4. Moisturizers
            1. By Value
         5. Makeup
            1. By Value
         6. Others
            1. By Value
      2. By End-User
         1. Introduction
            1. End-User By Value
         2. Male
            1. By Value
         3. Female
            1. By Value
      3. By Distribution Channel
         1. Introduction
            1. Distribution Channel By Value
         2. Online Retail
            1. By Value
         3. Supermarket/Hypermarkets
            1. By Value
         4. Specialty/Monobrand Stores
            1. By Value
   6. Germany
   7. France
   8. Spain
   9. Italy
   10. Russia
   11. Nordic
   12. Benelux
   13. Rest Of Europe
10. APAC MARKET ANALYSIS
    1. Introduction
    2. By Product Type
       1. Introduction
          1. Product Type By Value
       2. Sheet Masks
          1. By Value
       3. Cleansers
          1. By Value
       4. Moisturizers
          1. By Value
       5. Makeup
          1. By Value
       6. Others
          1. By Value
    3. By End-User
       1. Introduction
          1. End-User By Value
       2. Male
          1. By Value
       3. Female
          1. By Value
    4. By Distribution Channel
       1. Introduction
          1. Distribution Channel By Value
       2. Online Retail
          1. By Value
       3. Supermarket/Hypermarkets
          1. By Value
       4. Specialty/Monobrand Stores
          1. By Value
    5. China
       1. By Product Type
          1. Introduction
             1. Product Type By Value
          2. Sheet Masks
             1. By Value
          3. Cleansers
             1. By Value
          4. Moisturizers
             1. By Value
          5. Makeup
             1. By Value
          6. Others
             1. By Value
       2. By End-User
          1. Introduction
             1. End-User By Value
          2. Male
             1. By Value
          3. Female
             1. By Value
       3. By Distribution Channel
          1. Introduction
             1. Distribution Channel By Value
          2. Online Retail
             1. By Value
          3. Supermarket/Hypermarkets
             1. By Value
          4. Specialty/Monobrand Stores
             1. By Value
    6. Korea
    7. Japan
    8. India
    9. Australia
    10. Taiwan
    11. South East Asia
    12. Rest Of Asia-Pacific
11. MIDDLE EAST AND AFRICA MARKET ANALYSIS
    1. Introduction
    2. By Product Type
       1. Introduction
          1. Product Type By Value
       2. Sheet Masks
          1. By Value
       3. Cleansers
          1. By Value
       4. Moisturizers
          1. By Value
       5. Makeup
          1. By Value
       6. Others
          1. By Value
    3. By End-User
       1. Introduction
          1. End-User By Value
       2. Male
          1. By Value
       3. Female
          1. By Value
    4. By Distribution Channel
       1. Introduction
          1. Distribution Channel By Value
       2. Online Retail
          1. By Value
       3. Supermarket/Hypermarkets
          1. By Value
       4. Specialty/Monobrand Stores
          1. By Value
    5. UAE
       1. By Product Type
          1. Introduction
             1. Product Type By Value
          2. Sheet Masks
             1. By Value
          3. Cleansers
             1. By Value
          4. Moisturizers
             1. By Value
          5. Makeup
             1. By Value
          6. Others
             1. By Value
       2. By End-User
          1. Introduction
             1. End-User By Value
          2. Male
             1. By Value
          3. Female
             1. By Value
       3. By Distribution Channel
          1. Introduction
             1. Distribution Channel By Value
          2. Online Retail
             1. By Value
          3. Supermarket/Hypermarkets
             1. By Value
          4. Specialty/Monobrand Stores
             1. By Value
    6. Turkey
    7. Saudi Arabia
    8. South Africa
    9. Egypt
    10. Nigeria
    11. Rest Of MEA
12. LATAM MARKET ANALYSIS
    1. Introduction
    2. By Product Type
       1. Introduction
          1. Product Type By Value
       2. Sheet Masks
          1. By Value
       3. Cleansers
          1. By Value
       4. Moisturizers
          1. By Value
       5. Makeup
          1. By Value
       6. Others
          1. By Value
    3. By End-User
       1. Introduction
          1. End-User By Value
       2. Male
          1. By Value
       3. Female
          1. By Value
    4. By Distribution Channel
       1. Introduction
          1. Distribution Channel By Value
       2. Online Retail
          1. By Value
       3. Supermarket/Hypermarkets
          1. By Value
       4. Specialty/Monobrand Stores
          1. By Value
    5. Brazil
       1. By Product Type
          1. Introduction
             1. Product Type By Value
          2. Sheet Masks
             1. By Value
          3. Cleansers
             1. By Value
          4. Moisturizers
             1. By Value
          5. Makeup
             1. By Value
          6. Others
             1. By Value
       2. By End-User
          1. Introduction
             1. End-User By Value
          2. Male
             1. By Value
          3. Female
             1. By Value
       3. By Distribution Channel
          1. Introduction
             1. Distribution Channel By Value
          2. Online Retail
             1. By Value
          3. Supermarket/Hypermarkets
             1. By Value
          4. Specialty/Monobrand Stores
             1. By Value
    6. Mexico
    7. Argentina
    8. Chile
    9. Colombia
    10. Rest Of LATAM
13. COMPETITIVE ASSESSMENT
    1. Adoption Matrix
    2. K-Beauty Products Market Share By Manufacturers
    3. K-Beauty Products Market Rating By Revenue For Manufacturers
    4. Average Price By Manufacturers
    5. Vendor Footprint Evaluation
14. MARKET PLAYERS ASSESSMENT
    1. ABLE C&C CO., Ltd.
       1. Overview
       2. Business Information
       3. Revenue
       4. ASP
       5. Gross Margin
       6. Swot Evaluation
       7. Recent Developmments
    2. Adwin Korea Corp
    3. Annie’s Way International Co., Ltd.
    4. The Beauty Factory, Ltd.
    5. Bluehug, Inc.
    6. BNH Cosmetics
    7. Ceragem Health And Beauty Co, Ltd.
    8. CK Beauty Enterprise Inc.
    9. LG Household & Health Care
    10. Amorepacific Corporation.
15. RESEARCH METHODOLOGY
    1. Research Data
       1. Secondary Data
          1. Major Secondary Sources
          2. Key Data From Secondary Sources
       2. Primary Data
          1. Key Data From Primary Sources
          2. Breakdown Of Primaries
       3. Secondary And Primary Research
          1. Key Industry Insights
    2. Market Size Estimation
       1. Bottom-Up Approach
       2. Top-Down Approach
       3. Market Projection
    3. Research Assumptions
       1. Assumptions
    4. Limitations
    5. Risk Assessment
16. APPENDIX
    1. Discussion Guide
    2. Customization Options
    3. Related Reports
17. DISCLAIMER

Table of Content and Figure @  https://straitsresearch.com/report/k-beauty-products-market/toc

Market News

• In 2022, the Beauty Factory, Ltd. product, Plaiveille Medicated Disinfectant Mist, was launched in WWD Beauty Weekly as certainly one of Shibuya Loft’s “STAY HOME Top 5 Useful Self-Care Items.”
• In 2022, BolognaFiere, Informa Markets, and PBA – Skilled Beauty Association, three top B2B trade show organizers, are teaming forces to supply essentially the most significant and memorable series of beauty events within the US beauty sector.

News Media

Global K-Beauty Products Market to Grow at a CAGR of 9.2% During 2022 –2030

Global Beauty and Personal Care Products Market Grows Steadily at a CAGR of 4.35%

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