Korea Beauty And Personal Care Products Market Current Status By Major Key Vendors And Trends Forecast To 2028

Precision Business Insights published a research report on "Korea Beauty & Personal Care Products Market: By Personal care products (Hair care, Skin care, Bath & shower, Oral care, Men's grooming products, and Deodorants & antiperspirants), By Cosmetics/make-up products (Facial cosmetics, Eye cosmetics, Lip & Nail make-up products, and Hair styling & coloring), and By Distribution channel (Specialty stores, Supermarket/hypermarket, Convenience stores, Pharmacies/drug store, Online retail channels, and others) - Global/Region/Country Forecast to 2028".

Owing to their cultural and societal conventions, South Korean consumers are particularly beauty conscious and spend a lot of money on cosmetics and beauty goods. Because of the rise in consumer interest in celebrity fashion trends, professional hair care goods are in high demand in South Korea. In South Korea, imitating celebrities' trends and using their favoured products to get groomed has become a popular trend. Hair treatment products also including shampoos and conditioners are preferred by South Koreans to control hair and scalp problems also including hair loss, dandruff, itchy scalp, and hair damage. In recent years, the market has seen a significant increase in demand for natural products. The market for professional hair care products has been divided into three categories: category, price, and location. The research includes market sizes for professional hair care products by category, salon distribution, and pricing analysis of salon services such hair colouring, straightening/rebounding/perming, hair wash (shampoo, conditioning, and styling), and treatment.

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With continuously changing consumer perceptions of diverse products, the beauty and personal care business is undergoing a revolution. Consumers are curious about the product, its ingredients, and its advantages. This heightened consumer interest has raised public awareness of the toxic chemicals included in conventional personal care products, paving the way for the organic personal care products industry. The COVID-19 pandemic has wreaked havoc on the cosmetics and beauty industries. Store closures as a result of the severe lockdown procedures had disastrous results, with global sales falling by 60% to 70% from March to April 2020. Consumers aim to spend less on beauty and grooming items, thus corporations have responded favourably to the crisis by increasing manufacturing capacity and selling hand sanitizers as well as cleaning agents. Furthermore, the number of halal certification organisations (HCBs) in Korea is increasing, assisting in the certification of Korean cosmetics. It is also recognised by international organisations, and the government is promoting exports to the Organization of Islamic Cooperation (OIC) countries, making South Korea a key market for halal cosmetics, potentially boosting the market under investigation. In this country, the natural label guarantees of beauty products have played a critical part in the market's growth.

The Korean Beauty & Personal Care Products Market is fragmented by Personal Care Products (Skin Care, Hair Care, Bath and Shower, Men's Grooming Products, Oral Care, and Deodorants and Antiperspirants. On the basis of Cosmetics/Make-up Products, the market is classified into Facial Cosmetics, Lip and Nail Make-up Products, Eye Cosmetics, and Hair Styling and Coloring Products. Based on Distribution Channel, the market is segregated into Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retail Channels, Pharmacies/Drug Stores, and Other Distribution Channels.

The Korean cosmetics sector is regarded as a global leader in cosmetics innovation. Major sections of the world are now following the new trends created by the Korean cosmetic business. Cushion foundation and BB creams have become popular all over the world. The Korean cosmetics business is primarily concerned with skin hydration and pigmentation reduction. In contrast to the Japanese cosmetic and beauty trend of keeping things simple, Korean beauty trends include advancements in skin care. Furthermore, cosmetic packaging is significantly distinct from the rest of the world, with hand gel in gummy bears as well as face powder in panda palettes, for example. Such packaging is also one of the most important components in attracting a big number of customers and increasing exports.

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Some of the major key players in the Korea Beauty And Personal Care Products Market are Amorepacific Corporation, Nature Republic, The Face Shop Inc., Jart+

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