K-Beauty Products Market Size - By Product (Skincare, Makeup, Bodycare, Haircare), By End-User (Female, Male), By Distribution Channel, & Global Forecast 2023

Description

List of Tables

Global K-Beauty Products Market will witness 5.7% CAGR between 2023 and 2032. The global fascination with Korean skincare routines and cosmetics has fueled demand for these innovative products. The product's emphasis on natural and cruelty-free ingredients aligns with consumer preferences for healthier options. Furthermore, the widespread adoption of e-commerce and social media allows easy access to K-Beauty products and trends. The perception of Korean skincare excellence and innovation continues to drive consumer trust and interest, further propelling the K-beauty products market expansion.

The rising expansion of existing brands and products into several new ventures supports the market growth. For instance, in October 2023, KSKIN Korean Express Facial PH (Kskin), a prominent express facial brand with a strong presence in Singapore boasting over 50 branches, made plans on its debut in the Philippines with exciting developments for skincare and beauty enthusiasts. On October 21, 2023, Kskin will inaugurate its first branch at the SM Mall of Asia, promising to redefine the skincare industry by introducing Korean-formulated products and Singaporean technology.

The overall K-Beauty Products Market is classified based on product, end-use, and region.

The skincare segment will undergo significant development from 2023 to 2032. K-Beauty skincare products are renowned for their innovative formulations and focus on achieving healthy, radiant skin. Consumers worldwide are increasingly turning to these products for their effectiveness, incorporating Korean beauty routines into their daily regimens. With a growing emphasis on self-care and skincare wellness, the K-Beauty products market demand in the skincare category remains high, driving growth.

The female segment will register a noteworthy CAGR from 2023 to 2032. K-Beauty products offer a wide range of skincare and cosmetic options tailored to diverse skin types and concerns. Their reputation for quality and effectiveness resonates strongly with female consumers globally, who seek radiant, healthy skin and makeup products that enhance natural beauty. This demand highlights the K-beauty market share in the women segment as they prioritize skincare and beauty routines.

Europe K-Beauty products market will showcase an appreciable CAGR from 2023 to 2032. The trend of flawless skin and the influence of Korean beauty routines have led to robust demand for K-Beauty products across the region. Consumers across Asia-Pacific, where skincare is highly valued, are increasingly turning to Korean skincare and cosmetics for their innovative formulations and reputation for achieving radiant, healthy skin. Besides, the rising efforts from E-commerce retailers to provide Korean products further support market growth in Europe.

Product Code: 6432

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 K-beauty products market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Product trends
2.5 End-User trends
2.6 Distribution channel trends

Chapter 3 K-Beauty Products Market Industry Insights

3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Focus on natural and healthy skin
  - 3.10.1.2 Innovative formulations and ingredients are driving the market
  - 3.10.1.3 The emphasis on multi-step skincare routines
  - 3.10.1.4 Increasing recognition through social media, beauty influencers, and endorsements by celebrities
  - 3.10.1.5 Rise of e-commerce and online retail
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Varying regulations and standards for cosmetic products
  - 3.10.2.2 Ingredient and formulation concerns
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Amorepacific Corporation
- 4.3.2 LG Household & Health Care
- 4.3.3 Able C&C Co., Ltd.
- 4.3.4 Cosrx
- 4.3.5 TonyMoly
- 4.3.6 Cosmax Inc.
- 4.3.7 L'Oreal
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 K-Beauty Products Market Estimates & Forecast, by Product (Revenue)

5.1 Key trends, by product
5.2 Skincare
- 5.2.1 Cleansers
- 5.2.2 Toners
- 5.2.3 Serums
- 5.2.4 Moisturizers
- 5.2.5 Masks
- 5.2.6 Sunscreens
5.3 Makeup
- 5.3.1 Face
- 5.3.2 Lip
- 5.3.3 Eye
5.4 Bodycare
- 5.4.1 Body lotions
- 5.4.2 Body wash
- 5.4.3 Exfoliants
5.5 Haircare
5.6 Others

Chapter 6 K-Beauty Products Market Estimates & Forecast, by End-User (Revenue)

6.1 Key trends, by end-user
6.2 Female
6.3 Male

Chapter 7 K-Beauty Products Market Estimates & Forecast, By Distribution Channel (Revenue)

7.1 Key trends, by distribution channel
7.2 Online
7.3 Offline

Chapter 8 K-Beauty Products Market Estimates & Forecast, By Region

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Russia
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 Australia & New Zealand
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE

Chapter 9 Company Profiles

9.1 Able C&C Co., Ltd.
9.2 Amorepacific Corporation
9.3 Cosmax Inc.
9.4 Cosrx
9.5 ENPRANI Co. Ltd
9.6 Estee Lauder
9.7 Glow Recipe
9.8 LG Household & Health Care
9.9 L'Oreal
9.10 LVMH
9.11 Nature republic
9.12 Peach & lily
9.13 Skinfood
9.14 TonyMoly
9.15 Too Cool For School
9.16 Unilever