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    Korean Skin Care Products Market

    ID: MRFR/CR/19890-HCR
    128 Pages
    Snehal Singh
    September 2025

    Korean Skin Care Products Market Research Report Information By Product (Skin Care And Hair Care), By End-user (Men And Women), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online And Pharmacies), – Korea Market Forecast Till 2034

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    Korean Skin Care Products Market Research Report – Forecast till 2034 Infographic
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    Korean Skin Care Products Market Summary

    The Global Korean Skin Care Products Market is projected to grow from 10.2 USD Billion in 2024 to 14.7 USD Billion by 2035.

    Key Market Trends & Highlights

    Korean Skin Care Products Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 3.4 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 14.7 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 10.2 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of innovative skincare technologies due to increasing consumer awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 10.2 (USD Billion)
    2035 Market Size 14.7 (USD Billion)
    CAGR (2025-2035) 3.4%

    Major Players

    BANILLA CO, AMOREPACIFIC, The Crème Shop, Clio, CARVER KOREA CO. (Unilever), Able C&C, The Face Shop, Inc., Nature Republic, TolyMoly, LG HOUSEHOLD & HEALTH CARE LTD

    Korean Skin Care Products Market Trends

      • Popularity of Products Inspired by Unique Ingredient Formulas and Digital Marketing Strategies to Drive Market Growth

    Popularization of products inspired by unique ingredient formulations and digital marketing strategies drives the skin care products market CAGR.  The composition of Korean beauty products is their most valuable asset. Women's skincare procedures in Korea can take anything from four to twenty phases, with various products used to treat different skin issues. These cosmetics are made almost completely of natural materials. Furthermore, many compounds are difficult to find in Western beauty products because they are associated with Eastern cultures. Koreans have long known about and used snail slime as an anti-wrinkle lotion ingredient to combat the visible indications of aging.

    Pearls in skin-brightening cosmetics and bee propolis in nourishing goods are two more unusual ingredients seen in K-beauty products. Today's consumers are quite picky about the cosmetics they put on their skin, preferring ones made with natural components. As a result, consumer preferences and product choices in skin care have helped the K-beauty industry. Furthermore, Korean beauty companies use their digital and e-commerce expertise to meet the continually expanding demand in international markets.

    Several Korean skincare brands, like Sokoglam and Peach & Lily, have been brought to Korea through online stores, expanding the market worldwide. Furthermore, multinational cosmetic shops are creating sections on their websites specifically for Korean skincare brands. Sephora, a French international retailer of personal care and cosmetics, has just launched a K-Beauty business. The K-beauty explosion has piqued the interest of Western journalists and social media influencers as well. K-beauty brands have been recognized for using this unique internet method to boost their popularity. Moreover, the growing popularity of social media influencers is a key driver of industry growth.

    Organic skincare manufacturers invest in social media campaigns to promote their products and expand their marketing reach.  The prominence of social media influencers in these markets has prompted large businesses, including L'Oreal, to form strategic collaborations with influencers, notably for their beauty and makeup lines. Furthermore, e-commerce is a very valuable platform, particularly for cosmetics players that operate on a small or medium size, because it helps them promote their products. As a result, the popularity of social media influencers is expected to drive considerable growth in the worldwide natural skin care products market throughout the forecast period.

    Thus, driving the Korean Skin Care Products market revenue.

    The global demand for Korean skin care products appears to be driven by a growing consumer preference for innovative formulations and natural ingredients, reflecting a broader trend towards wellness and self-care.

    Korea Trade-Investment Promotion Agency (KOTRA)

    Korean Skin Care Products Market Drivers

    Market Growth Projections

    The Global Korean Skin Care Products Market Industry is projected to experience substantial growth in the coming years. With a market value of 10.2 USD Billion in 2024, the industry is expected to reach 14.7 USD Billion by 2035. This growth trajectory indicates a robust demand for Korean skincare products, driven by factors such as rising consumer awareness, technological advancements, and the influence of K-beauty culture. The anticipated CAGR of 3.4% from 2025 to 2035 further underscores the market's potential for expansion, suggesting a favorable environment for both established brands and new entrants.

    Influence of K-Beauty Culture

    The Global Korean Skin Care Products Market Industry is significantly influenced by the rise of K-beauty culture, which has gained immense popularity worldwide. This cultural phenomenon promotes a multi-step skincare routine that emphasizes hydration, protection, and nourishment. Social media platforms play a crucial role in disseminating K-beauty trends, with influencers and beauty enthusiasts showcasing their routines and product recommendations. This visibility has led to increased consumer interest and demand for Korean skincare products, contributing to the market's projected growth. As K-beauty continues to captivate global audiences, the market is expected to reach a value of 14.7 USD Billion by 2035.

    Growing Awareness of Skin Health

    The Global Korean Skin Care Products Market Industry benefits from a growing awareness of skin health among consumers. As individuals become more educated about the importance of skincare, there is a corresponding increase in demand for products that address specific skin concerns, such as aging, acne, and hyperpigmentation. This heightened awareness is often fueled by educational campaigns and the availability of information through various media channels. Brands that effectively communicate the benefits of their products and provide solutions to these concerns are likely to capture a larger share of the market. This trend is expected to support the industry's growth trajectory in the coming years.

    Expansion of E-commerce Platforms

    The Global Korean Skin Care Products Market Industry is witnessing a significant expansion of e-commerce platforms, which facilitates easier access to a wide range of products. Online shopping has become increasingly popular, particularly among younger consumers who prefer the convenience of purchasing skincare products from the comfort of their homes. E-commerce platforms not only provide consumers with access to international brands but also offer a plethora of reviews and product information that aid in decision-making. This shift towards online retail is likely to enhance market penetration and drive sales growth, contributing to the overall market value.

    Rising Global Demand for Natural Ingredients

    The Global Korean Skin Care Products Market Industry is experiencing a notable shift towards natural and organic ingredients. Consumers are increasingly aware of the potential harmful effects of synthetic chemicals, leading to a preference for products that contain botanical extracts and natural oils. This trend is particularly pronounced among younger demographics who prioritize sustainability and ethical sourcing. As a result, brands are reformulating their products to align with these preferences, which is likely to drive growth in the market. The industry's focus on clean beauty is expected to contribute to the projected market value of 10.2 USD Billion in 2024.

    Technological Advancements in Product Formulation

    Innovations in technology are reshaping the Global Korean Skin Care Products Market Industry by enabling the development of advanced formulations. Brands are leveraging cutting-edge research to create products that offer enhanced efficacy, such as improved absorption rates and targeted delivery systems. For instance, the incorporation of nanotechnology in skincare formulations allows for deeper penetration of active ingredients, leading to better results. This focus on scientific advancements not only attracts consumers seeking effective solutions but also positions brands as leaders in the competitive landscape. The anticipated CAGR of 3.4% from 2025 to 2035 reflects the potential for growth driven by these technological innovations.

    Market Segment Insights

    Skin Care Products Product Insights

    The Korean Skin Care Products Market segmentation, based on Product, includes Skin Care and Hair Care. The skin care category dominated the market in 2023. K-beauty products are suitable for all skin types without causing inflammation. These products are suitable for both sensitive and other skin types. Furthermore, as knowledge and popularity expand, people are increasingly interested in K-beauty skin care products.

    Figure 1: Korean Skin Care Products Market, By Product, 2023 & 2032 (USD Billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Skin Care Products End-user Insights

    The Korean Skin Care Products Market segmentation, based on End-user, includes Men and Women. The men segment among end consumers is expected to experience the fastest CAGR. Men's growing skin concerns, including aging, sensitivity, acne, dryness, and inflammatory diseases, are projected to fuel demand for K-beauty products. K-beauty product manufacturers are introducing unique products specifically for males, like KEOJI's Snail Truecica Miracle Serum, an after-shave serum. The product contains mucus extracted from black snails, which is often used in therapeutic facials.

    Skin Care Products Distribution Channel Insights

    The Skin Care Products Market in Korea is divided into distribution channels, which include supermarkets and hypermarkets, specialty stores, online stores, and pharmacies. Supermarket and hypermarket distribution channels dominated the market in 2023. Supermarkets and hypermarkets are one-stop stores ideal for working women with hectic schedules. These retailers have focused on providing in-person product demonstrations, allowing customers to choose from a variety of brands before making a purchase. Furthermore, supermarkets and hypermarkets offer clients access to a diverse choice of products.

    Korean Skin Care Products Country Insights

    The Korean Skin Care Products Market is a vibrant and quickly expanding business. South Korea, known for its creative and effective skincare products, has emerged as a global beauty and cosmetics market leader. Korean skincare products are highly sought after due to their emphasis on natural ingredients, innovative formulations, and distinctive beauty rituals. There are numerous products on the market, including cleansers, toners, serums, moisturizers, masks, and more. Korean skincare companies have grown in popularity around the world due to their emphasis on healthy, glowing skin.

    The market is being pushed by expanding consumer awareness, increased desire for personalized skincare solutions, and the influence of K-beauty trends.

    Get more detailed insights about Korean Skin Care Products Market Research Report – Forecast till 2034

    Key Companies in the Korean Skin Care Products Market market include

    Industry Developments

    In July 2022, Saturday Skin has teamed with Nykaa to increase its visibility in the Indian market. Saturday Skin will provide a variety of skincare products through the Nykaa website and mobile app as part of this agreement.

    In November 2022, L'Oréal announced the debut of C-Beauty, K-Beauty, and J-Beauty consumers in partnership with Shihyo, a Korean brand. The brand's product line contains 24 herbal ingredients steeped in fermented rice and other creative Asian procedures.

    Future Outlook

    Korean Skin Care Products Market Future Outlook

    The Korean Skin Care Products Market is projected to grow at a 3.4% CAGR from 2024 to 2035, driven by increasing global demand for innovative formulations and sustainable practices.

    New opportunities lie in:

    • Develop personalized skincare solutions leveraging AI technology for enhanced customer engagement.
    • Expand product lines targeting specific demographics, such as men and aging populations, to capture new market segments.
    • Invest in eco-friendly packaging and sustainable sourcing to align with consumer preferences for environmentally conscious products.

    By 2035, the market is expected to solidify its position as a leader in global skincare innovation and sustainability.

    Market Segmentation

    Skin Care Products Product Outlook

    • Skin Care
    • Hair Care

    Skin Care Products End-user Outlook

    • Men
    • Women

    Skin Care Products Distribution Channel Outlook

    • Supermarkets and Hypermarkets
    • Specialty stores
    • Online
    • Pharmacies

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 USD 10.17 Billion
    Market Size 2025 USD 10.52 Billion
    Market Size 2034 USD 14.21 Billion
    Compound Annual Growth Rate (CAGR) 3.4% (2025-2034)
    Base Year 2024
    Market Forecast Period 2025-2034
    Historical Data 2019-2023
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Product, Technology, Distribution Channel, and Region
    Countries Covered Korea
    Key Companies Profiled BANILLA CO; AMOREPACIFIC; The Crème Shop; Clio; CARVER KOREA CO. (Unilever); Able C&C; The Face Shop, Inc.; Nature Republic; TolyMoly; LG HOUSEHOLD & HEALTH CARE LTD.
    Key Market Opportunities Expansion into emerging markets with rising disposable incomes.
    Key Market Dynamics Growing influence of social media and beauty influencers in promoting skincare routines.

    FAQs

    How much is the Skin Care Products Market?

    The Korean Skin Care Products Market size was valued at USD 9.84 Billion in 2023.

    What is the growth rate of the Skin Care Products Market?

    The market is projected to grow at a CAGR of 3.4% during the forecast period, 2025-2034.

    Who are the key players in the Skin Care Products Market?

    The key players in the market are BANILLA CO; AMOREPACIFIC; The Crème Shop; Clio; CARVER KOREA CO. (Unilever); Able C&C; The Face Shop, Inc.;

    Which Product led the Skin Care Products Market?

    The Skincare products category dominated the market in 2023.

    Which end-user Segment had the largest market share in the Skin Care Products Market?

    The men had the largest share in the market.

    Report Infographic
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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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