South Korea Skin Care Products Market Report and Forecast 2025-2034
Description
The South Korea skin care products market reached around USD 9.69 Billion in 2024. The market is projected to grow at a CAGR of 5.60% between 2025 and 2034, reaching almost USD 16.71 Billion by 2034.
South Korea Skin Care Products Market Growth
There is a growing preference for natural ingredients, which impart a glassy and dewy look to the skin. This has bolstered the popularity of black fermented rice in major skin care products in South Korea, such as toners and hair oil. Heartleaf, a traditional herb with rich anti-inflammatory and antioxidant properties also finds popularity in products for treating acne.
As consumers seek professional skin care treatments within their homes, the demand for innovative skincare tools which can enhance skin texture and glow is expected to record an upward trajectory. LED masks have become a unique solution for customers seeking self-empowering beauty products because they stimulate blood circulation and reduce the appearance of acne on the skin. Devices which facilitate skincare product absorption by making passageways within the skin are expected to remain exceedingly popular over the forecast period.
Technological advancements have enhanced the efficacy of barrier repair products on the skin. The emergence of multi-lamellar emulsion (MLE) technology has boosted the moisture lock capabilities of skincare products, which is leading to a healthier consumer complexion. MLE acts as an additional protective cover on the skin’s natural layer of lipids, which is driving its demand among consumers.
South Korea Skin Care Products Industry Segmentation
South Korea Skin Care Products Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Facial Care
Body Care
Others
Market Breakup by Ingredient
Natural
Chemical
Market Breakup by Gender
Men
Women
Market Breakup by Distribution Channel
Hypermarkets/Supermarkets
Convenience Stores
Speciality Stores
Online Channels
Others
South Korea Skin Care Products Market Share
Based on distribution channels, the market is categorised into hypermarkets/supermarkets, convenience stores, speciality stores, and online channels, among others. Online channels are expected to emerge as one of the leading market segments, driven by the enhanced degree of convenience and flexibility they provide to consumers. Increasing smartphone penetration rates and rising internet accessibility rates are expected to further contribute to the growth of online sales of skin care products in South Korea.
Leading Companies in the South Korea Skin Care Products Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
Amorepacific Corporation
LG Corp.
COSMAX. INC
KOLMAR KOREA.
COSMEDIQUE Co.,Ltd.
HANKOOK COSMETICS MANUFACTURING CO.,LTD.
Others
Major players in the market are developing innovative and unique ingredients to enhance and personalise the skincare experience. They are also developing sustainable and creative packaging solutions to enhance the visual appeal of K-beauty products.
South Korea Skin Care Products Market Growth
There is a growing preference for natural ingredients, which impart a glassy and dewy look to the skin. This has bolstered the popularity of black fermented rice in major skin care products in South Korea, such as toners and hair oil. Heartleaf, a traditional herb with rich anti-inflammatory and antioxidant properties also finds popularity in products for treating acne.
As consumers seek professional skin care treatments within their homes, the demand for innovative skincare tools which can enhance skin texture and glow is expected to record an upward trajectory. LED masks have become a unique solution for customers seeking self-empowering beauty products because they stimulate blood circulation and reduce the appearance of acne on the skin. Devices which facilitate skincare product absorption by making passageways within the skin are expected to remain exceedingly popular over the forecast period.
Technological advancements have enhanced the efficacy of barrier repair products on the skin. The emergence of multi-lamellar emulsion (MLE) technology has boosted the moisture lock capabilities of skincare products, which is leading to a healthier consumer complexion. MLE acts as an additional protective cover on the skin’s natural layer of lipids, which is driving its demand among consumers.
South Korea Skin Care Products Industry Segmentation
South Korea Skin Care Products Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Facial Care
Body Care
Others
Market Breakup by Ingredient
Natural
Chemical
Market Breakup by Gender
Men
Women
Market Breakup by Distribution Channel
Hypermarkets/Supermarkets
Convenience Stores
Speciality Stores
Online Channels
Others
South Korea Skin Care Products Market Share
Based on distribution channels, the market is categorised into hypermarkets/supermarkets, convenience stores, speciality stores, and online channels, among others. Online channels are expected to emerge as one of the leading market segments, driven by the enhanced degree of convenience and flexibility they provide to consumers. Increasing smartphone penetration rates and rising internet accessibility rates are expected to further contribute to the growth of online sales of skin care products in South Korea.
Leading Companies in the South Korea Skin Care Products Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
Amorepacific Corporation
LG Corp.
COSMAX. INC
KOLMAR KOREA.
COSMEDIQUE Co.,Ltd.
HANKOOK COSMETICS MANUFACTURING CO.,LTD.
Others
Major players in the market are developing innovative and unique ingredients to enhance and personalise the skincare experience. They are also developing sustainable and creative packaging solutions to enhance the visual appeal of K-beauty products.
Table of Contents
112 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 South Korea Skin Care Products Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Skin Care Products Historical Market (2018-2024)
- 5.3 Asia Pacific Skin Care Products Market Forecast (2025-2034)
- 5.4 Asia Pacific Skin Care Products Market Share by Country
- 5.4.1 China
- 5.4.2 Japan
- 5.4.3 India
- 5.4.4 ASEAN
- 5.4.5 Australia
- 5.4.6 South Korea
- 5.4.7 Others
- 6 South Korea Skin Care Products Market Overview
- 6.1 Key Industry Highlights
- 6.2 South Korea Skin Care Products Historical Market (2018-2024)
- 6.3 South Korea Skin Care Products Market Forecast (2025-2034)
- 7 South Korea Skin Care Products Market by Type
- 7.1 Facial Care
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Body Care
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Others
- 8 South Korea Skin Care Products Market by Ingredient
- 8.1 Natural
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Chemical
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 South Korea Skin Care Products Market by Gender
- 9.1 Men
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Women
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 South Korea Skin Care Products Market by Distribution Channel
- 10.1 Hypermarkets/Supermarkets
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Convenience Stores
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Speciality Stores
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Online Channels
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators of Demand
- 11.4 Key Indicators of Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Amorepacific Corporation
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 LG Corp.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 COSMAX. INC
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 KOLMAR KOREA.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 COSMEDIQUE Co.,Ltd.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 HANKOOK COSMETICS MANUFACTURING CO.,LTD.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Others
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