Press release
K-Beauty Products Market Size to Reach USD 198.3 Bn by 2031, Driven by Rising Demand for Natural and Innovative Skincare | Trending Report by Persistence Market Research
The K-beauty products market has witnessed a remarkable surge in popularity, driven by consumer demand for innovative skincare and cosmetics originating from South Korea. The industry is known for its cutting-edge formulations, natural ingredients, and multi-step beauty regimens. As globalization fuels interest in Korean beauty trends, the market continues to expand, with growing consumer preference for high-quality and effective skincare solutions.
Get Sample Copy PDF- https://www.persistencemarketresearch.com/samples/34931
(Use Corporate Mail Id for Quick Response )
The K-Beauty Products Market is experiencing significant growth, driven by increasing global demand for innovative skincare and cosmetics rooted in Korean beauty trends. Known for their advanced formulations, natural ingredients, and multi-step skincare routines, K-beauty products cater to diverse skin concerns such as hydration, anti-aging, and brightening. The market benefits from strong brand loyalty, digital marketing strategies, and influencer endorsements, making it a global phenomenon. Key product categories include sheet masks, serums, BB creams, and cushion compacts. With rising consumer awareness and expanding e-commerce channels, the K-beauty market is expected to maintain steady growth, particularly in North America, Europe, and Asia-Pacific regions.
Market Size and Growth Projections
The global K-beauty products market is projected to reach a valuation of approximately US$ 99.1 billion by 2024. With increasing awareness about skincare routines and the rise of K-beauty influencers, the market is expected to witness robust growth. Industry analysts predict a compound annual growth rate (CAGR) of 8% over the assessment period, propelling the market to an estimated US$ 198.3 billion by 2031. This rapid expansion is attributed to evolving consumer preferences, the adoption of K-beauty trends beyond Asia, and the growing appeal of natural and organic ingredients in beauty formulations.
Key Growth Determinants
Innovative Product Formulations - Korean beauty brands focus on research-driven, high-performance skincare products, including fermented ingredients, probiotics, and unique textures.
Rising Consumer Awareness - The increasing inclination toward multi-step skincare regimens has boosted demand for serums, ampoules, and essences.
E-commerce Expansion - The availability of K-beauty products on online retail platforms has significantly expanded the customer base beyond South Korea.
Celebrity and Influencer Endorsements - Social media has played a crucial role in promoting K-beauty brands worldwide, making Korean skincare a mainstream trend.
Preference for Clean Beauty - Consumers are increasingly opting for cruelty-free, vegan, and sustainable beauty products, aligning with K-beauty's innovation in plant-based and eco-friendly solutions.
Major Growth Barriers
High Market Competition - The influx of global beauty brands adopting Korean-inspired formulations poses a challenge for traditional K-beauty brands.
Regulatory Challenges - Compliance with international cosmetics regulations varies across regions, impacting product distribution.
Product Authenticity Concerns - Counterfeit K-beauty products in the market can undermine brand credibility and consumer trust.
Key Trends and Opportunities to Look At
Personalized Skincare Solutions - AI-driven beauty consultations and personalized skincare regimens are gaining momentum.
Sustainability in Packaging - Brands are adopting eco-friendly and refillable packaging solutions.
Rise of Functional Beauty - Products infused with probiotics, adaptogens, and anti-aging ingredients are shaping the market's future.
Global Expansion - K-beauty is making significant strides in Western markets, particularly in North America and Europe.
Men's K-Beauty - The rise in male grooming trends is opening new avenues for K-beauty brands.
Regional Frontrunners
Asia-Pacific - South Korea remains the epicenter, with strong demand from China, Japan, and Southeast Asian countries.
North America - Increasing consumer awareness and the popularity of Korean skincare routines drive market growth.
Europe - Growing demand for clean beauty and innovative skincare solutions is fueling the expansion of K-beauty in the region.
Middle East & Africa - Rising disposable income and premiumization trends are creating opportunities for K-beauty brands in this region.
Key Market Players
Amorepacific Corporation
LG Household & Health Care
The Face Shop
TonyMoly
Missha
Etude House
Innisfree
Laneige
Sulwhasoo
Dr. Jart+
K-Beauty Products Industry Segmentation
By Product
Skin Care
Cleanser
Moisturizer
Serum
Sunscreen
Others
Hair Care
Shampoo
Conditioner
Serums
Others
By End User
Women
Men
By Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online
Pharmacies
By Region
North America
Europe
East Asia
South Asia and Oceania
Latin America
Middle East and Africa
Conclusion
The K-beauty products market is on an impressive growth trajectory, fueled by consumer demand for innovative, high-quality skincare and cosmetics. With the adoption of sustainable practices, digital transformation, and personalized skincare solutions, the market is poised to achieve significant expansion over the coming years. As global interest in Korean beauty products continues to rise, market players must leverage digital marketing, product innovation, and strategic partnerships to sustain their competitive edge.
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
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 K-Beauty Products Market Size to Reach USD 198.3 Bn by 2031, Driven by Rising Demand for Natural and Innovative Skincare | Trending Report by Persistence Market Research here
News-ID: 3882130 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
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…
