Global K-beauty Products Market Forecast 2023-2032

The global K-beauty products market is predicted to register a CAGR of 9.71% during the forecast period, 2023 to 2032. The major factors boosting the expansion of the global market include the increasing demand for natural and organic personal care & cosmetics due to the rising geriatric population and K-beauty products being revolutionized by product innovation and extensive R&D.

MARKET INSIGHTS

K-beauty products, or Korean beauty, describe skin care products and trends from South Korea. The South Korean Ministry of Science and ICT is promoting the use of indigenous plants such as ginseng in newly created goods, including cosmetics, food and medicine, in response to the desire for natural/organic products. Customers are also opting for more conventional, healthier beauty methods as they become more selective in their lifestyle choices and move beyond quick fixes. The increasing demand for natural and organically derived components in cosmetics and personal care products has opened up new opportunities in the beauty cosmetics sector.

Therefore, research, innovation, and technological advancements have been the driving force behind the rapid development and expansion of the global K-beauty products market. Through R&D, the K-beauty giants have been able to translate the rich traditions of natural Asian ingredients into innovative products. They use naturally derived ingredients such as snail mucin, bee venom, donkey milk, pig collagen and placenta for the production of their skincare products. Furthermore, the Korean skincare industry is regarded to be seven years ahead of its international competitors in terms of innovation.

REGIONAL INSIGHTS

The global K-beauty products market growth assessment includes the geographical analysis of Asia-Pacific, Europe, North America, and Rest of World. North America is set to be the fastest-growing region during the forecast period. In the region, consumers are willing to experiment with new products and are also open to using products manufactured with unique ingredients. This factor, in turn, plays an essential role in boosting market growth.

COMPETITIVE INSIGHTS

Due to the increasing demand for natural and organic personal care & cosmetics during the forecast period, there is intense competition among players operating in the global K-beauty products market. Some of the leading companies in the market include Adwin Korea Corporation, AmorePacific Corporation, Able C&C Co, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 71504

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
- 2.4.1. IMPACT OF COVID-19 ON K-BEAUTY PRODUCTS MARKET
2.5. MAJOR MARKET FINDINGS
- 2.5.1. INCLUSIVE RANGE FOR PEOPLE OF COLOR
- 2.5.2. DROP IN K-BEAUTY EXPORTS TO CHINA
- 2.5.3. INNOVATIVE PACKAGING - A TROPE IN K-BEAUTY PRODUCTS MARKET

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. SURGE IN DEMAND FOR NATURAL AND ORGANIC PERSONAL CARE & COSMETICS
- 3.1.2. K-BEAUTY PRODUCTS REVOLUTIONIZED THROUGH PRODUCT INNOVATION AND EXTENSIVE R&D
- 3.1.3. PROMINENCE OF MALE SKINCARE CATEGORY
3.2. KEY RESTRAINTS
- 3.2.1. RISE IN DUPED K-BEAUTY PRODUCTS
- 3.2.2. STRONG COMPETITION FROM ESTABLISHED INTERNATIONAL BRANDS

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
- 4.3.1. GROWTH PROSPECT MAPPING FOR UNITED STATES
- 4.3.2. GROWTH PROSPECT MAPPING FOR FRANCE
- 4.3.3. GROWTH PROSPECT MAPPING FOR SOUTH KOREA
- 4.3.4. GROWTH PROSPECT MAPPING FOR BRAZIL
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
4.7. KEY BUYING CRITERIA
- 4.7.1. INGREDIENTS
- 4.7.2. PACKAGING
- 4.7.3. SKIN TYPE
- 4.7.4. COST

5. MARKET BY GENDER

5.1. MALE
5.2. FEMALE

6. MARKET BY PRODUCT TYPE

6.1. SKINCARE
- 6.1.1. CLEANSER
- 6.1.2. TONER
- 6.1.3. MOISTURIZER
- 6.1.4. SHEET MASK & SPOT PATCH
- 6.1.5. LIP CARE
- 6.1.6. EYE CARE
- 6.1.7. SUN PROTECTION
6.2. BODY CARE
- 6.2.1. HAND CARE
- 6.2.2. FOOT CARE
- 6.2.3. HAIR CARE
6.3. MAKEUP
- 6.3.1. EYE MAKEUP
- 6.3.2. LIP MAKEUP
- 6.3.3. FACE MAKEUP

7. MARKET BY DISTRIBUTION CHANNEL

7.1. SPECIALTY/SINGLE-BRAND STORE
7.2. SUPERMARKET/HYPERMARKET
7.3. E-COMMERCE

8. GEOGRAPHICAL ANALYSIS

8.1. NORTH AMERICA
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. NORTH AMERICA K-BEAUTY PRODUCTS MARKET DRIVERS
- 8.1.3. NORTH AMERICA K-BEAUTY PRODUCTS MARKET CHALLENGES
- 8.1.4. NORTH AMERICA K-BEAUTY PRODUCTS MARKET REGULATORY FRAMEWORK
- 8.1.5. KEY PLAYERS IN NORTH AMERICA K-BEAUTY PRODUCTS MARKET
- 8.1.6. COUNTRY ANALYSIS
  - 8.1.6.1. UNITED STATES
  - 8.1.6.1.1. UNITED STATES K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.1.6.2. CANADA
  - 8.1.6.2.1. CANADA K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
8.2. EUROPE
- 8.2.1. MARKET SIZE & ESTIMATES
- 8.2.2. EUROPE K-BEAUTY PRODUCTS MARKET DRIVERS
- 8.2.3. EUROPE K-BEAUTY PRODUCTS MARKET CHALLENGES
- 8.2.4. EUROPE K-BEAUTY PRODUCTS MARKET REGULATORY FRAMEWORK
- 8.2.5. KEY PLAYERS IN EUROPE K-BEAUTY PRODUCTS MARKET
- 8.2.6. COUNTRY ANALYSIS
  - 8.2.6.1. UNITED KINGDOM
  - 8.2.6.1.1. UNITED KINGDOM K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.2.6.2. GERMANY
  - 8.2.6.2.1. GERMANY K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.2.6.3. FRANCE
  - 8.2.6.3.1. FRANCE K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.2.6.4. ITALY
  - 8.2.6.4.1. ITALY K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.2.6.5. SPAIN
  - 8.2.6.5.1. SPAIN K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.2.6.6. BELGIUM
  - 8.2.6.6.1. BELGIUM K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.2.6.7. POLAND
  - 8.2.6.7.1. POLAND K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.2.6.8. REST OF EUROPE
  - 8.2.6.8.1. REST OF EUROPE K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
8.3. ASIA-PACIFIC
- 8.3.1. MARKET SIZE & ESTIMATES
- 8.3.2. ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET DRIVERS
- 8.3.3. ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET CHALLENGES
- 8.3.4. ASIA-PACIFIC K-BEAUTY PRODUCTS REGULATORY FRAMEWORK
- 8.3.5. KEY PLAYERS IN ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET
- 8.3.6. COUNTRY ANALYSIS
  - 8.3.6.1. CHINA
  - 8.3.6.1.1. CHINA K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.3.6.2. JAPAN
  - 8.3.6.2.1. JAPAN K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.3.6.3. INDIA
  - 8.3.6.3.1. INDIA K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.3.6.4. SOUTH KOREA
  - 8.3.6.4.1. SOUTH KOREA K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.3.6.5. SINGAPORE
  - 8.3.6.5.1. SINGAPORE K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.3.6.6. MALAYSIA
  - 8.3.6.6.1. MALAYSIA K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.3.6.7. VIETNAM
  - 8.3.6.7.1. VIETNAM K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.3.6.8. AUSTRALIA & NEW ZEALAND
  - 8.3.6.8.1. AUSTRALIA & NEW ZEALAND K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
  - 8.3.6.9. REST OF ASIA-PACIFIC
  - 8.3.6.9.1. REST OF ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES
8.4. REST OF WORLD
- 8.4.1. MARKET SIZE & ESTIMATES
- 8.4.2. REST OF WORLD K-BEAUTY PRODUCTS MARKET DRIVERS
- 8.4.3. REST OF WORLD K-BEAUTY PRODUCTS MARKET CHALLENGES
- 8.4.4. REST OF WORLD K-BEAUTY PRODUCTS MARKET REGULATORY FRAMEWORK
- 8.4.5. KEY PLAYERS IN REST OF WORLD K-BEAUTY PRODUCTS MARKET
- 8.4.6. REGIONAL ANALYSIS
  - 8.4.6.1. LATIN AMERICA
  - 8.4.6.1.1. LATIN AMERICA K-BEAUTY PRODUCTS MARKET SIZE & ESTIMATED
  - 8.4.6.2. MIDDLE EAST & AFRICA
  - 8.4.6.2.1. MIDDLE EAST & AFRICA K-BEAUTY PRODUCTS MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
9.2. COMPANY PROFILES
- 9.2.1. ABLE C&C CO LTD
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. PRODUCT LIST
  - 9.2.1.3. STRENGTHS & CHALLENGES
- 9.2.2. ADWIN KOREA CORPORATION
  - 9.2.2.1. COMPANY OVERVIEW
  - 9.2.2.2. PRODUCT LIST
  - 9.2.2.3. STRENGTHS & CHALLENGES
- 9.2.3. AMOREPACIFIC CORPORATION
  - 9.2.3.1. COMPANY OVERVIEW
  - 9.2.3.2. PRODUCT LIST
  - 9.2.3.3. STRENGTHS & CHALLENGES
- 9.2.4. BANILA CO
  - 9.2.4.1. COMPANY OVERVIEW
  - 9.2.4.2. PRODUCT LIST
  - 9.2.4.3. STRENGTHS & CHALLENGES
- 9.2.5. BNH COSMETICS
  - 9.2.5.1. COMPANY OVERVIEW
  - 9.2.5.2. PRODUCT LIST
  - 9.2.5.3. STRENGTHS & CHALLENGES
- 9.2.6. CALA PRODUCTS
  - 9.2.6.1. COMPANY OVERVIEW
  - 9.2.6.2. PRODUCT LIST
- 9.2.7. CLIO
  - 9.2.7.1. COMPANY OVERVIEW
  - 9.2.7.2. PRODUCT LIST
- 9.2.8. COSRX INC
  - 9.2.8.1. COMPANY OVERVIEW
  - 9.2.8.2. PRODUCT LIST
  - 9.2.8.3. STRENGTHS & CHALLENGES
- 9.2.9. GLOW RECIPE
  - 9.2.9.1. COMPANY OVERVIEW
  - 9.2.9.2. PRODUCT LIST
- 9.2.10. HOLIKA HOLIKA
  - 9.2.10.1. COMPANY OVERVIEW
  - 9.2.10.2. PRODUCT LIST
- 9.2.11. LG H&H CO LTD
  - 9.2.11.1. COMPANY OVERVIEW
  - 9.2.11.2. PRODUCT LIST
  - 9.2.11.3. STRENGTHS & CHALLENGES
- 9.2.12. NATURE REPUBLIC
  - 9.2.12.1. COMPANY OVERVIEW
  - 9.2.12.2. PRODUCT LIST
- 9.2.13. PEACH & LILY
  - 9.2.13.1. COMPANY OVERVIEW
  - 9.2.13.2. PRODUCT LIST
- 9.2.14. THE CREME SHOP
  - 9.2.14.1. COMPANY OVERVIEW
  - 9.2.14.2. PRODUCT LIST
- 9.2.15. TONYMOLY CO LTD
  - 9.2.15.1. COMPANY OVERVIEW
  - 9.2.15.2. PRODUCT LIST