Press release
South Korea Cruelty Free Cosmetics Market Size To Grow At A CAGR Of 6.2% In The Forecast Period Of 2023-2028
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
South Korea Cruelty Free Cosmetics Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2022): USD 992.60 million
• Forecast CAGR (2023-2028): 6.2%
• Forecast Market Size (2028): USD 1436. 10 million
Increasing preference for vegan and animal cruelty-free products, due to the intensification of sentiments for animals, is propelling the demand for the cruelty free cosmetics market in South Korea. The global increase in emphasis on environment, health, and sustainability is playing a pivotal role in the market. The strong influence of cruelty free cosmetic brands among the population and increasing demand for sunscreens, masks, serums, and various types of skin and hair care products are further expanding the market opportunities.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/south-korea-cruelty-free-cosmetics-market/requestsample
The increasing disposable income, fast-paced urbanisation, and increasing development of supermarkets/hypermarkets and departmental stores, is fuelling the South Korea cruelty free cosmetics market. The rising influence of western culture on young Koreans is further escalating the demand for cruelty free cosmetics.
High-quality vegan perfumes and fragrances are anticipated to witness a steady growth in the forecast period, owing to the increasing number of corporate workers and women working professionals. Further, innovations in packaging of clean-labelled cruelty free cosmetic products are attracting a greater number of customers, thereby, adding to the South Korea cruelty free cosmetics market growth.
South Korea Cruelty Free Cosmetics Industry Definition and Major Segments
Cruelty free cosmetics are defined as the type of cosmetics which have been developed in a process that did not include animal testing, while the products themselves may contain animal-based ingredients. Alternatives to animal testing such as computer modelling, and vitro lab tests are used to ensure safety and appearance of the products.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/south-korea-cruelty-free-cosmetics-market
Based on product type, the market is segmented into:
• Skincare
• Haircare
• Makeup and Colour Cosmetics
• Perfume and Fragrances
• Others
By price category, the market is bifurcated into:
• Premium
• Economic
On the basis of distribution channels, the market is divided into:
• Hypermarkets/ Supermarkets
• Departmental Stores
• Specialty Stores
• Online
• Others
South Korea Cruelty Free Cosmetics Market Trends
The key trends in the South Korea cruelty free cosmetics market include the growing research and development activities by major cosmetic manufacturing companies aimed towards improving product formulations, enhancing fragrances, and reducing toxicity. The favourable policies of the government aimed towards decreasing animal cruelty are crucial trends in the cruelty free cosmetics market of South Korea. The Korean National Assembly passed a bill under the regulation of which, testing cosmetic products on animal came to an end in the year 2018.
The increasing brand endorsements and celebrity influence is leading to enhanced promotion of cruelty free cosmetics on social media and audio/video platforms. Rising usage of social media platforms such as Instagram, TikTok, and Facebook, among others are expanding the scope of advertising. The thriving e-commerce sector is further escalating the accessibility of cruelty free cosmetics leading to a greater sale of the products.
Premium packaged cruelty free cosmetics with innovative packaging and attractive discounts are likely to witness a heightened sale in the forecast period. Moreover, the increasing purchasing power of the population is anticipated to fuel the South Korea cruelty free cosmetics market in the coming years.
Key Market Players
The major players in the South Korea cruelty free cosmetics market report are
Lab&Company Co., Ltd. (I'm From)
Dear, Klairs.
TONYMOLY Co., Ltd.
Krave Beauty, LLC
Peach and Lily, Inc.
Then I Met You, LLC.
ISNTREE Inc.
COSRX Inc.
HiNature Co., Ltd. (PURITO)
Sweet Chef
Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
Industrial Air Blower Market- https://www.expertmarketresearch.com/reports/industrial-air-blower-market
Graphene Nanoplatelets Market- https://www.expertmarketresearch.com/reports/graphene-nanoplatelets-market
Latin America Vessel Monitoring System Market- https://www.expertmarketresearch.com/reports/latin-america-vessel-monitoring-system-market
Middle East and Africa Vessel Monitoring System Market- https://www.expertmarketresearch.com/reports/middle-east-and-africa-vessel-monitoring-system-market
North America Vessel Monitoring System Market- https://www.expertmarketresearch.com/reports/north-america-vessel-monitoring-system-market
European Vessel Monitoring System Market- https://www.expertmarketresearch.com/reports/european-vessel-monitoring-system-market
Asia-Pacific Vessel Monitoring System Market- https://www.expertmarketresearch.com/reports/asia-pacific-vessel-monitoring-system-market
Europe Compression Bandages Market- https://www.expertmarketresearch.com/reports/europe-compression-bandages-market
Drone Surveillance Market- https://www.expertmarketresearch.com/reports/drone-surveillance-market
Europe, Middle East and Africa Air Filters Market- https://www.expertmarketresearch.com/reports/europe-middle-east-and-africa-air-filters-market
Media Contact
Company Name: Claight Corporation
Contact Person: Ana John, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release South Korea Cruelty Free Cosmetics Market Size To Grow At A CAGR Of 6.2% In The Forecast Period Of 2023-2028 here
News-ID: 3051862 • Views: …
More Releases from Expert Market Research
Bed and Bath Linen Market Trends, Growth & Forecast 2025-2034
The global bed and bath linen market is witnessing strong growth due to increasing consumer focus on home décor, comfort, and luxury. Rising disposable incomes, urbanization, and the booming hospitality sector are further boosting demand for premium-quality bed sheets, pillowcases, towels, and bathrobes. Technological innovations in fabrics, such as antimicrobial, wrinkle-resistant, and sustainable textiles, are shaping consumer preferences. In addition, the expansion of online distribution channels has made luxury and…
Global Fruit Juice Market Size, Report and Forecast 2025-2034
The latest report from Expert Market Research titled, "Global Fruit Juice Market Size, Report and Forecast 2025-2034," offers a comprehensive analysis of the global fruit juice market, examining it across various segments such as types, flavours, distribution channels, and key regions.
The report identifies and tracks the latest trends shaping the industry and evaluates their impact on the overall market dynamics. It also provides a thorough assessment of the market, covering…
Global Fluorspar Market Forecast 2025-2034: Growth, Trends, and Key Insights
According to the latest report by Expert Market Research (EMR), the global Fluorspar Market Size is projected to grow at a CAGR of 5.60% between 2025 and 2034. The market is expected to experience significant growth by 2034, driven by the increasing demand for fluorspar across industries such as manufacturing, chemicals, and metallurgy.
Fluorspar, also known as fluorite, is a key industrial mineral composed of calcium fluoride (CaF2). It is crucial…
Why will smart pulse oximeters market hit $3.50Bn by 2034?
smart pulse oximeters market Overview
The smart pulse oximeters market has become a pivotal part of modern healthcare infrastructure, especially in the wake of increasing cardiovascular and respiratory ailments. These technologically enhanced devices measure blood oxygen saturation and pulse rate, often offering wireless connectivity to mobile apps for better health tracking. Their growing application in hospitals, ambulatory settings, and home healthcare environments reflects the market's evolving dynamics. Key drivers include the…
More Releases for Korea
Talk Talk Korea 2025 Invites Global Submissions for a Chance to Visit Korea
Join Talk Talk Korea 2025: Submit Your Creative Take on Korea by August 5!
The Ministry of Culture, Sports and Tourism (Minister Yu In Chon, MCST) will hold an international content contest, "Talk Talk Korea 2025" from June 2 (Monday) to August 5 (Tuesday), and is inviting people around the world to participate.
Image: https://www.globalnewslines.com/uploads/2025/06/3475f2aed29a9215f452a1af29735fff.jpg
Marking its 12th anniversary this year, the contest has grown into a major event for Hallyu content, and…
Korean Red Ginseng Market to Witness Huge Growth by 2031 -Korea Ginseng Corp., D …
DataM Intelligence has published a new research report on "Korean Red Ginseng Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF…
Stem Cell Therapy Market | Smith+Nephew (UK), MEDIPOST Co., Ltd. (South Korea), …
Stem Cell Therapy Market in terms of revenue was estimated to be worth $286 million in 2023 and is poised to reach $615 million by 2028, growing at a CAGR of 16.5% from 2023 to 2028 according to a new report by MarketsandMarkets. The global stem cell therapy market is expected to grow at a CAGR of 16.8% during the forecast period. The major factors driving the growth of the…
2021 South Korea Power Market Report- Major Generating Companies: Korea Electric …
South Korea Power Market Report study provides detailed information to understand the imperative market parts that align with the business decision related to raw materials, demand, and production capacity. In addition, South Korea Power Market
analysis provides demands for the future, besides the available opportunities for the individuals. This helps manufacturers and clients understand the past trends and analyze the future trend.
Get FREE PDF Sample of the Report @…
Global Bamboo Salt Market Research Study, Future Prospects and Growth Drivers to …
Global Bamboo Salt Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2028, recently distributed by IndexMarketsResearch systematically arranges the foremost components of the market study. The report helps customers in anticipating investment in an developing market, extension of market share, or accomplishment of a new product with the help of global Bamboo Salt market research analysis. The worldwide Bamboo Salt market segmentation is controlled intimately upheld various parameters…
South Korea Agriculture Market | South Korea Agriculture Industry | Covid-19 Imp …
Agriculture in South Korea may be a sector of the economy of South Korea. The natural resources needed for agriculture in South Korea aren’t torrential. Two thirds of the country are mountains and hills. Productive land solely accounts for 22 percent of the country's land. The foremost vital crop in South Korea is rice, secretarial regarding 90 percent of the country's total grain production and over 40 percent of farm…
