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K-Beauty Products Market Analysis, Size, Share, Trends, Price, Report and Forecast 2024-2032

04-03-2024 02:29 PM CET | Consumer Goods & Retail

Press release from: Expert Market Research

K-Beauty Products Market

K-Beauty Products Market

K-Beauty Products Market Outlook

According to the report by Expert Market Research (EMR), the global k-beauty products market size reached a value of USD 12.39 billion in 2023. Aided by the global fascination with Korean beauty standards and skincare routines, the market is projected to further grow at a CAGR of 8.4% between 2024 and 2032 to reach a value of USD 23.62 billion by 2032.

Korean beauty products, commonly referred to as K-beauty, have gained international acclaim for their extensive skincare routines, which emphasise skin health, hydration, and luminosity. The market encompasses a wide range of products, including but not limited to, cleansers, moisturisers, masks, serums, and sunscreens, alongside innovative beauty solutions like BB creams, cushion compacts, and sleeping masks.

Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/k-beauty-products-market/requestsample

The widespread popularity of Korean pop culture, including music (K-pop), television dramas, and movies, has significantly contributed to the K-beauty products market growth. Consumers worldwide are increasingly drawn to the aesthetic and skincare routines of Korean celebrities, fueling demand for K-beauty products. K-beauty is also renowned for its innovation in product development, often incorporating unique ingredients like snail mucin, bee venom, and green tea. These innovations, coupled with attractive packaging, have captured the curiosity and loyalty of consumers seeking novel and effective beauty solutions.

As per the K-beauty products market analysis, unlike Western beauty trends that often emphasise makeup and concealment, K-beauty products prioritise skincare and preventative measures. This holistic approach to beauty, which advocates for maintaining healthy, hydrated, and blemish-free skin, resonates with global consumers seeking sustainable beauty routines.

The strategic use of social media platforms and e-commerce channels has also played a crucial role in boosting the K-beauty products market share. Influencers, beauty bloggers, and dedicated online stores have made these products easily accessible to an international audience.

The market is characterised by rapid trends and continuous innovation. Recent trends include a growing emphasis on clean beauty, with products formulated from natural and eco-friendly ingredients. There is also a significant shift towards personalised skincare solutions, leveraging technology and scientific research to meet individual skin needs. Additionally, the increasing consumer interest in sustainable and ethical beauty products opens new avenues for brands in the K-beauty products market to innovate and lead in the clean beauty segment.

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/k-beauty-products-market

K-Beauty Products Market Segmentation

The market can be divided based on product type, distribution channel, end-use, and region.

Market Breakup by Product Type

Skincare

Moisturisers
Cleansers
Sunscreens or Night Creams
Serum or Ampoule
Masks
Others

Makeup

Face
Lip
Eye

Haircare

Shampoo
Conditioner
Serums
Others

Others

Market Breakup by Distribution Channel

Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others

Market Breakup by End-Use

Male
Female

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global K-beauty products market. Some of the major players explored in the report by Expert Market Research are as follows:

LG H&H Co., Ltd.
Amorepacific Us, Inc.
Atomy Co., Ltd.
Able C&C Co., Ltd.
It's Hanbul Co., Ltd.
Clio Cosmetics Co., Ltd.
Unilever Plc
Ceragem Co., Ltd.
Cosmax Inc.
Annie's Way International Co., Ltd.
Others

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Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

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Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

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