Press release
K-Beauty Products Market Size, Share Analysis And Forecast Report 2024 To 2033
The k-beauty products market size has grown strongly in recent years. It will grow from $10.66 billion in 2023 to $11.56 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to the rising awareness of chemical-free beauty products, rising innovative formulations and ingredients, the emphasis on multi-step skincare routines.
The k-beauty products market size is expected to see strong growth in the next few years. It will grow to $15.17 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increasing organic skincare products, popularization of products inspired by unique ingredient formulas and digital marketing strategies, increasing recognition through social media, beauty influencers, and endorsements by celebrities. Major trends in the forecast period include interest in eco-friendly and sustainable beauty products, partnerships, collaborations, increasing company investments, product innovations.
Market Overview -
K-Beauty products refer to skincare and makeup products that originate from South Korea and are influenced by the Korean beauty philosophy. It involves multi-step routines and a holistic approach to skincare that prioritizes long-term skin health and a radiant, youthful appearance.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=13684&type=smp
Organic Evolution Riding The Wave Of Consumer Preference For Natural Skincare
The growing demand for natural and organic skincare is expected to propel the growth of the K-beauty products market going forward. Natural and organic skincare refers to products formulated with ingredients sourced directly from nature, such as plants, minerals, and sometimes animal by-products. K-beauty products often feature natural and organic gentle formulations that are suitable for all skin types, including sensitive skin. For instance, in June 2023, according to the Centre for the Promotion of Imports from Developing Countries, a Netherlands-based intergovernmental organization, UK market sales of certified organic cosmetics increased by 15% and reached (US$150.13) £138.23 million in 2021. Therefore, the growing demand for natural and organic skincare drives the K-beauty products market.
Competitive Landscape -
Major companies operating in the k-beauty products market report are Unilever PLC, LG Household & Health Care, Korea Tobacco & Ginseng Corporation, Amorepacific Corporation, KOSÉ Corporation, COSMAX Group, Neogen Corporation, Kolmar Korea Co. Ltd., Cosmecca Korea Co. Ltd., Clio Cosmetics Co. Ltd., Able C&C Co. Ltd., Nature Republic, Han Bul Cosmetics Co. Ltd., Tonymoly Co.Ltd., KBL Cosmetics, COSRX Official, The Crème Shop, The Face Shop Inc., ADWIN Korea Corp., AMI COSMETIC Co. Ltd., BANILLA CO, JUNGSAEMMOOL BEAUTY, The Beauty Factory Ltd., ZENPIA Co. Ltd. - Secret Key, Annie's Way International Co. Ltd.
MUI Halal-Certified Anti-Dandruff Hair Care For Unique Beauty Needs
Major companies operating in the K-beauty products market are focused on developing new hair care products, such as anti-dandruff serums and shampoos, to increase their profitability in the market. Hair care K-Beauty products are specialized hair treatments and products originating from Korea, focusing on innovative ingredients and techniques for optimal scalp health and hair beauty. For instance, in January 2024, THE SKINFACTORY Co. Ltd., a South Korea-based personal care product manufacturer, launched the K-Beauty Halal hair care line through its brand Kundal, incorporating a special anti-sebum P + Hyalocta Complex that delivers an immediate cooling effect on the scalp. The assortment comprises a hair cleanser, a hair softener, and a fluid hair serum, each tailored to the essential needs of Muslim users. The hair cleanser is expertly crafted to thoroughly purify, effectively eliminating dandruff, pollutants, and surplus sebum. The hair softener provides a one-step comprehensive treatment for both scalp and hair, ensuring smoothness and ease in untangling without heaviness. The fluid hair serum imparts quick moisture and a durable fragrance owing to its distinctive mix of feather-light ingredients.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/k-beauty-products-global-market-report
Key Segments -
The k-beauty products market covered in this report is segmented -
1) By Product Type: Skin Care, Hair Care
2) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online, Pharmacies
3) By End-User: Men, Women
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
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Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
The k-beauty products market size is expected to see strong growth in the next few years. It will grow to $15.17 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increasing organic skincare products, popularization of products inspired by unique ingredient formulas and digital marketing strategies, increasing recognition through social media, beauty influencers, and endorsements by celebrities. Major trends in the forecast period include interest in eco-friendly and sustainable beauty products, partnerships, collaborations, increasing company investments, product innovations.
Market Overview -
K-Beauty products refer to skincare and makeup products that originate from South Korea and are influenced by the Korean beauty philosophy. It involves multi-step routines and a holistic approach to skincare that prioritizes long-term skin health and a radiant, youthful appearance.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=13684&type=smp
Organic Evolution Riding The Wave Of Consumer Preference For Natural Skincare
The growing demand for natural and organic skincare is expected to propel the growth of the K-beauty products market going forward. Natural and organic skincare refers to products formulated with ingredients sourced directly from nature, such as plants, minerals, and sometimes animal by-products. K-beauty products often feature natural and organic gentle formulations that are suitable for all skin types, including sensitive skin. For instance, in June 2023, according to the Centre for the Promotion of Imports from Developing Countries, a Netherlands-based intergovernmental organization, UK market sales of certified organic cosmetics increased by 15% and reached (US$150.13) £138.23 million in 2021. Therefore, the growing demand for natural and organic skincare drives the K-beauty products market.
Competitive Landscape -
Major companies operating in the k-beauty products market report are Unilever PLC, LG Household & Health Care, Korea Tobacco & Ginseng Corporation, Amorepacific Corporation, KOSÉ Corporation, COSMAX Group, Neogen Corporation, Kolmar Korea Co. Ltd., Cosmecca Korea Co. Ltd., Clio Cosmetics Co. Ltd., Able C&C Co. Ltd., Nature Republic, Han Bul Cosmetics Co. Ltd., Tonymoly Co.Ltd., KBL Cosmetics, COSRX Official, The Crème Shop, The Face Shop Inc., ADWIN Korea Corp., AMI COSMETIC Co. Ltd., BANILLA CO, JUNGSAEMMOOL BEAUTY, The Beauty Factory Ltd., ZENPIA Co. Ltd. - Secret Key, Annie's Way International Co. Ltd.
MUI Halal-Certified Anti-Dandruff Hair Care For Unique Beauty Needs
Major companies operating in the K-beauty products market are focused on developing new hair care products, such as anti-dandruff serums and shampoos, to increase their profitability in the market. Hair care K-Beauty products are specialized hair treatments and products originating from Korea, focusing on innovative ingredients and techniques for optimal scalp health and hair beauty. For instance, in January 2024, THE SKINFACTORY Co. Ltd., a South Korea-based personal care product manufacturer, launched the K-Beauty Halal hair care line through its brand Kundal, incorporating a special anti-sebum P + Hyalocta Complex that delivers an immediate cooling effect on the scalp. The assortment comprises a hair cleanser, a hair softener, and a fluid hair serum, each tailored to the essential needs of Muslim users. The hair cleanser is expertly crafted to thoroughly purify, effectively eliminating dandruff, pollutants, and surplus sebum. The hair softener provides a one-step comprehensive treatment for both scalp and hair, ensuring smoothness and ease in untangling without heaviness. The fluid hair serum imparts quick moisture and a durable fragrance owing to its distinctive mix of feather-light ingredients.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/k-beauty-products-global-market-report
Key Segments -
The k-beauty products market covered in this report is segmented -
1) By Product Type: Skin Care, Hair Care
2) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online, Pharmacies
3) By End-User: Men, Women
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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