South Korea Beauty & Personal Care Market Forecast 2022-2028

The South Korea beauty & personal care market is anticipated to harbor a CAGR of 2.24% across the forecast period of 2022 to 2028. The introduction of new brands and innovative products, and unique consumer demands are expected to drive market growth.

MARKET INSIGHTS

With the prevalent popularity of the K-Beauty wave, beauty & personal care in South Korea are projected to be under the global spotlight. As a result, retailers and manufacturers are likely to be more innovative and competitive. Similarly, owing to the maturing market and the consumer demand for new and unique products, beauty and personal care manufacturers would be compelled to continue investing in the South Korean market.

However, simple and non-complex formulae enhancements, and packaging collaborations with popular characters are not commercially sufficient. Instead, introducing new products and brands with a higher worldwide-appeal would be instrumental in developing localized ingredients and commodities that align with global standards. For instance, vegan cosmetics are not customary across several Asian countries, including South Korea. Thus, as the global demand for vegan products increases, manufacturers' investments in developing vegan beauty and personal care products will also observe a growing trend. Therefore, these factors are estimated to augment South Korea's market growth.

COMPETITIVE INSIGHTS

Kao Corporation, Revlon Inc, Shiseido Company Limited, Unilever NV, LVMH Moet Hennessey Louis Vuitton SA, etc., are among the prominent companies operating in the market.

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 cater 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.
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: 47483

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. COUNTRY ANALYSIS
2.3. MARKET SHARE ANALYSIS
2.4. BRAND SHARE ANALYSIS
2.5. KEY GROWTH ENABLERS
2.6. KEY CHALLENGES

3. KEY ANALYTICS

3.1. IMPACT OF COVID-19 ON BEAUTY & PERSONAL CARE MARKET
3.2. KEY MARKET TRENDS
3.3. PORTER'S FIVE FORCES ANALYSIS
- 3.3.1. BUYERS POWER
- 3.3.2. SUPPLIERS POWER
- 3.3.3. SUBSTITUTION
- 3.3.4. NEW ENTRANTS
- 3.3.5. INDUSTRY RIVALRY
3.4. OPPORTUNITY MATRIX
3.5. PESTLE ANALYSIS - SOUTH KOREA
3.6. VALUE CHAIN ANALYSIS
3.7. KEY BUYING CRITERIA
- 3.7.1. BRAND VALUE
- 3.7.2. PRODUCT REVIEWS
- 3.7.3. COST
- 3.7.4. FORMULATION

4. MARKET BY PRODUCT TYPE

4.1. BABY AND CHILD-SPECIFIC
4.2. BATH AND SHOWER
4.3. COLOR COSMETICS
4.4. FRAGRANCES
4.5. HAIR CARE
4.6. MEN'S GROOMING
4.7. ORAL CARE
4.8. SKIN CARE
4.9. SUN CARE
4.10. OTHER PRODUCTS (DEPILATORIES, DEODORANTS, ETC)

5. MARKET BY DISTRIBUTION CHANNEL

5.1. HYPERMARKETS
5.2. SUPERMARKETS
5.3. BEAUTY SPECIALISTS
5.4. CHEMISTS/PHARMACIES
5.5. DRUGSTORES/PARA PHARMACIES
5.6. E-COMMERCE
5.7. OTHER DISTRIBUTION CHANNELS

6. COMPANY PROFILES

6.1. AEKYUNG GROUP
6.2. AMOREPACIFIC CORP
6.3. CARE LTD"
6.4. ESTEE LAUDER COS INC
6.5. LG HOUSEHOLD & HEALTH
6.6. L'OREAL GROUPE
6.7. THE PROCTER & GAMBLE CO

Product Code: 47483

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - BEAUTY & PERSONAL CARE
TABLE 2: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 3: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2022-2028 (IN $ BILLION)
TABLE 4: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 5: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2022-2028 (IN $ BILLION)
TABLE 6: SOUTH KOREA: MARKET SHARE ANALYSIS OF KEY PLAYERS, 2019-2021 (%)
TABLE 7: SOUTH KOREA: BRAND SHARE ANALYSIS, 2019-2021 (%)

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: PESTLE ANALYSIS - SOUTH KOREA
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: KEY BUYING CRITERIA
FIGURE 7: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2021
FIGURE 8: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY SKIN CARE, 2022-2028 (IN $ BILLION)
FIGURE 9: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY HAIR CARE, 2022-2028 (IN $ BILLION)
FIGURE 10: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY COLOR COSMETICS, 2022-2028 (IN $ BILLION)
FIGURE 11: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY MEN'S GROOMING, 2022-2028 (IN $ BILLION)
FIGURE 12: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY FRAGRANCES, 2022-2028 (IN $ BILLION)
FIGURE 13: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY ORAL CARE, 2022-2028 (IN $ BILLION)
FIGURE 14: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY BATH & SHOWER, 2022-2028 (IN $ BILLION)
FIGURE 15: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY BABY & CHILD SPECIFIC PRODUCTS, 2022-2028 (IN $ BILLION)
FIGURE 16: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY SUN CARE, 2022-2028 (IN $ BILLION)
FIGURE 17: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY OTHER PRODUCT CATEGORIES, 2022-2028 (IN $ BILLION)
FIGURE 18: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2021
FIGURE 19: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY HYPERMARKETS, 2022-2028 (IN $ BILLION)
FIGURE 20: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY SUPERMARKETS, 2022-2028 (IN $ BILLION)
FIGURE 21: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY BEAUTY SPECIALISTS, 2022-2028 (IN $ BILLION)
FIGURE 22: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY CHEMISTS/PHARMACIES, 2022-2028 (IN $ BILLION)
FIGURE 23: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY DRUGSTORES/PARA PHARMACIES, 2022-2028 (IN $ BILLION)
FIGURE 24: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY E-COMMERCE, 2022-2028 (IN $ BILLION)
FIGURE 25: SOUTH KOREA BEAUTY & PERSONAL CARE MARKET, BY OTHER DISTRIBUTION CHANNELS, 2022-2028 (IN $ BILLION)