South Korea Cosmeceuticals Market Overview, 2030

South Korea is a global leader in cosmetic innovation, and the cosmeceuticals market reflects this trend with a focus on dermatologically tested products that combine the efficacy of pharmaceuticals and the appeal of cosmetics. Consumers in South Korea are highly educated about skincare and prefer products with active ingredients that offer visible, fast results. The market is especially prominent among millennials and Gen Z, who seek not only aesthetic benefits but also long-term skin health. The pursuit of a glass skin look (smooth, dewy, and glowing skin) has led to increased interest in products that promote hydration, brightening, and skin regeneration. Another trend is the rise of holistic skincare, with products that combine skincare and wellness, such as nutricosmetics like collagen supplements and beauty-from-within products. In terms of key developments, South Korean brands are investing heavily in research and development (R&D) to create products that target specific skin concerns like hyperpigmentation, wrinkles, and acne. The focus is on customization, with personalized skincare solutions that cater to different skin types and concerns using AI and skin-testing technologies. Increasing collaborations between cosmetics and dermatology clinics have made cosmeceutical products more accessible to a broader audience. South Korean consumers, particularly in the upper-income brackets, are willing to pay a premium for cosmeceuticals that promise proven, medical-grade results. The country’s K-beauty movement, which emphasizes multi-step skincare routines and highly effective products, has integrated cosmeceuticals into mainstream beauty regimens. South Korea also serves as a testing ground for global beauty trends, with local consumers highly influential in shaping trends such as snail mucin-based products, fermented skincare, and glass skin routines.

According to the research report South Korea Cosmeceutical Market Overview, 2030, published by Bonafide Research, the South Korea Cosmeceutical market is expected to reach a market size of more than USD 3.86 Billion by 2030. The skin rejuvenation market, which includes non-invasive treatments like laser skin resurfacing and microneedling, is growing alongside the rise of cosmeceuticals that provide post-treatment care. The market is highly competitive, with local and international brands constantly innovating, making it difficult for new entrants to gain market share. Here is a growing concern over ingredient safety and product transparency, particularly with the increasing scrutiny on foreign ingredients and clinical trials. On the regulatory front, South Korea follows a strict framework for cosmeceuticals that requires all products with medicinal claims to undergo clinical trials and receive approval from the Korea Food and Drug Administration (KFDA). The KFDA regulates the labeling, safety, and efficacy of both domestic and imported cosmeceuticals, ensuring that products meet the country's high standards. Products that contain active pharmaceutical ingredients (APIs) or make medical claims are treated more like drugs, whereas those intended for aesthetic purposes are classified as cosmetics. In terms of news and events, South Korea continues to host international cosmetic and beauty expos, such as the Cosmo beauty Korea and K-Beauty Expo, which serve as major platforms for cosmeceutical brands to showcase their latest innovations. The country's beauty influencers and K-beauty stars play a crucial role in shaping consumer preferences, with many cosmeceutical brands working with K-pop idols and actors to promote their products. Social media platforms like Instagram and YouTube are vital channels for marketing cosmeceuticals, where trends are constantly evolving and products are quickly gaining popularity based on influencer reviews and consumer feedback. The regulatory framework encourages transparency, with all ingredients needing to be clearly listed and claims supported by scientific evidence.

The clinics often offer cosmeceuticals alongside medical services, such as acne treatments, laser procedures, and anti-aging therapies. Products sold through dermatology clinics tend to be more specialized, including items for hyperpigmentation, scar reduction, and post-procedure care. Injectables, anti-aging creams, and regenerative serums are commonly sold in aesthetic clinics, with products tailored to specific aesthetic goals. Customers often purchase cosmeceuticals post-treatment to boost skin recovery and prolong results, and clinics frequently collaborate with cosmetic brands to provide exclusive products. Medispas, a hybrid of medical clinics and spas, are a fast-growing channel in South Korea. These spas offer consumers a combination of luxury wellness and medical-grade skincare treatments. Cosmeceutical products sold at medispas are focused on promoting relaxation and well-being while also delivering high-performing, active ingredients for skin improvement. Plastic surgery centers in South Korea are world-renowned for providing cutting-edge cosmetic surgery procedures. These centers are closely linked with cosmeceuticals because they offer specialized products for post-surgical care and skin recovery. After procedures such as rhinoplasty, facelifts, or eyelid surgery, patients are often recommended to use specific cosmeceutical products that promote healing, hydration, and anti-inflammatory effects. Post-operative skincare often includes hyaluronic acid-based products, peptides, and anti-scarring creams to optimize recovery and improve skin appearance. In addition to the main distribution channels above, cosmeceuticals are also sold through online platforms, department stores, pharmacies, and direct selling by professionals like beauty influencers or sales consultants. Online platforms have become especially significant, with increasing consumer demand for direct-to-consumer sales.

The skincare segment is by far the largest in South Korea's cosmeceuticals market, reflecting the nation's obsession with achieving flawless skin. The focus is on products that provide immediate and long-term results, such as hyaluronic acid, peptides, and vitamin C-based formulations. Skincare lines from renowned South Korean brands are frequently sold through online beauty platforms, department stores, and pharmacies, with a growing trend of subscription services and customized skincare regimens tailored to individual needs. Haircare cosmeceuticals in South Korea cater to a wide range of concerns, from hair loss and thinning to scalp health and dryness. Products like hair growth serums, scalp treatments, and shampoos with active ingredients such as biotin, keratin, and minoxidil are gaining popularity, driven by increasing consumer awareness of hair health. Consumers are increasingly buying premium haircare solutions directly from brands’ e-commerce sites or beauty influencers. Consumers are increasingly buying premium haircare solutions directly from brands’ e-commerce sites or beauty influencers. The others category in South Korea’s cosmeceuticals market includes a variety of niche products that fall outside traditional skincare, haircare, and oral care segments. These include nutricosmetics like collagen supplements, beauty drinks, and skin-repairing dietary supplements that aim to improve skin elasticity, hydration, and overall skin health. The others category in South Korea’s cosmeceuticals market includes a variety of niche products that fall outside traditional skincare, haircare, and oral care segments. These include nutricosmetics like collagen supplements, beauty drinks, and skin-repairing dietary supplements that aim to improve skin elasticity, hydration, and overall skin health.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Cosmeceuticals Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product
• Skincare
• Haircare
• Oral Care
• Injectables (High-end cosmeceuticals / aesthetic dermatology crossover)
• Others

By Distribution Channel
• Dermatology Clinics
• Aesthetic Clinics
• Medispas
• Beauty Salons
• Wellness Centers
• Plastic Surgery Centers
• Other Professional Channels

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.