Press release
Leading Element Driving Change in the K-Beauty Products Market in 2025: Organic Evolution Riding The Wave Of Consumer Preference For Natural Skincare Driver
K Beauty Products Market
The K-beauty products market will grow from $11.56 billion in 2024 to $12.5 billion in 2025, at a CAGR of 8.1%. Key growth factors include the rising awareness of chemical-free beauty products, innovative formulations and ingredients, and the growing emphasis on multi-step skincare routines.
The K-Beauty Products market will grow to $16.15 billion by 2029 at a CAGR of 6.6%, driven by organic skincare trends, social media influence, and celebrity endorsements. Trends include eco-friendly beauty products, partnerships, collaborations, company investments, and product innovations.
What Are the Forces Behind the Rapid Growth of the K-Beauty Products Market?
The increasing demand for natural and organic skincare is expected to drive the growth of the K-beauty products market moving forward. Natural and organic skincare involves products made from ingredients directly sourced from nature, such as plants, minerals, and sometimes animal by-products. K-beauty products are known for their natural and organic gentle formulations, which are suitable for all skin types, including sensitive skin. For example, according to the International Trade Administration (ITA) in September 2023, Thailand's beauty products market, valued at $4.2 billion in 2022, saw skincare products account for 60%, with the skincare market valued at $2.5 billion. This market is expected to grow by 7% annually in 2023, with organic products making up 20-25%. While makeup sales, particularly lipsticks and foundations, surged by 71% compared to 2022, the demand for natural and organic skincare is driving the K-beauty products market.
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Who Are the Dominant Companies Influencing K-Beauty Products Market Trends?
Major companies operating in the k-beauty products market report are Unilever PLC, LG Household & Health Care, Korea Tobacco & Ginseng Corporation, Amorepacific Corporation, KOSÉ Corporation, COSMAX Group, Neogen Corporation, Kolmar Korea Co. Ltd., Cosmecca Korea Co. Ltd., Clio Cosmetics Co. Ltd., Able C&C Co. Ltd., Nature Republic, Han Bul Cosmetics Co. Ltd., Tonymoly Co.Ltd., KBL Cosmetics, COSRX Official, The Crème Shop, The Face Shop Inc., ADWIN Korea Corp., AMI COSMETIC Co. Ltd., BANILLA CO, JUNGSAEMMOOL BEAUTY, The Beauty Factory Ltd., ZENPIA Co. Ltd. - Secret Key, Annie's Way International Co. Ltd.
How Is the K-Beauty Products Market Evolving?
Leading companies in the K-beauty products market are concentrating on the development of innovative hair care products, such as anti-dandruff serums and shampoos, to boost profitability. K-beauty hair care products originate from Korea and focus on unique ingredients and techniques for optimal scalp and hair health. For instance, in January 2024, THE SKINFACTORY Co. Ltd., a South Korea-based personal care manufacturer, launched the K-Beauty Halal hair care line under its brand Kundal. This line incorporates a specialized anti-sebum P + Hyalocta Complex, delivering an instant cooling effect on the scalp. The product range includes a hair cleanser, a hair softener, and a fluid hair serum, all tailored to meet the needs of Muslim consumers. The hair cleanser effectively removes dandruff, pollutants, and excess sebum, while the hair softener provides a comprehensive treatment for both the scalp and hair, ensuring smoothness without heaviness. The fluid hair serum delivers quick hydration and a lasting fragrance, thanks to its unique lightweight formulation.
What Are the Different Segmentations in the K-Beauty Products Market?
The K-beauty products market covered in this report is segmented -
1) By Product Type: Skin Care, Hair Care
2) By Distribution Channel: Super markets And Hyper markets, Specialty Stores, Online, Pharmacies
3) By End-User: Men, Women
Subsegments:
1) By Skin Care: Cleansers, Toners, Serums And Ampoules, Moisturizers, Sunscreens, Masks (Sheet Masks, Wash-Off Masks), Exfoliators
2) By Hair Care: Shampoos, Conditioners, Hair Treatments, Styling Products, Hair Color Products
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Which Region Is at the Forefront of the K-Beauty Products Market?
North America was the largest region in the k-beauty products market in 2024. The regions covered in the k-beauty products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The K-Beauty Products Global Market Report?
- Market Size Analysis: Analyze the K-Beauty Products Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the K-Beauty Products Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall K-Beauty Products Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the K-Beauty Products Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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