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Skincare in South Korea

Publisher MarketLine
Published May 22, 2025
Length 43 Pages
SKU # MTLN20202998

Description

Skincare in South Korea

Summary

Skincare in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The skincare market consists of the retail sale of facial care, body care, hand care, depilatories, and make-up remover products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2024 exchange rates.
  • The South Korean Skincare market recorded revenues of $6,567.2 million in 2024, representing a compound annual growth rate (CAGR) of 2.0% between 2019-24.
  • Market consumption volume increased with a CAGR of 2.2% between 2019-24, reaching a total of 747.2 million units in 2024.
  • Favorable economic conditions and the growing disposable income of individuals were key contributors to the moderate market growth during 2019-24.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the skincare market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the skincare market in South Korea
  • Leading company profiles reveal details of key skincare market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea skincare market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea skincare market by value in 2024?
  • What will be the size of the South Korea skincare market in 2029?
  • What factors are affecting the strength of competition in the South Korea skincare market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's skincare market?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South Korean skincare market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies market shares have suffered over the same period?
7.5. What are the most popular brands in the South Korean skincare market?
8 Company Profiles
8.1. LG Corp
8.2. Amorepacific Group Inc
8.3. The Estee Lauder Companies Inc
8.4. L'Oreal SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea skincare market value: $ million, 2019-24
Table 2: South Korea skincare market volume: million Units, 2019-24
Table 3: South Korea skincare market category segmentation: % share, by value, 2019-24
Table 4: South Korea skincare market category segmentation: $ million, 2019-24
Table 5: South Korea skincare market geography segmentation: $ million, 2024
Table 6: South Korea skincare market distribution: % share, by value, 2024
Table 7: South Korea skincare market value forecast: $ million, 2024-29
Table 8: South Korea skincare market volume forecast: million Units, 2024-29
Table 9: South Korea skincare market share: % share, by value, 2024
Table 10: LG Corp: Key Facts
Table 11: LG Corp: Annual Financial Ratios
Table 12: LG Corp: Key Employees
Table 13: Amorepacific Group Inc: Key Facts
Table 14: Amorepacific Group Inc: Annual Financial Ratios
Table 15: Amorepacific Group Inc: Key Employees
Table 16: The Estee Lauder Companies Inc: Key Facts
Table 17: The Estee Lauder Companies Inc: Annual Financial Ratios
Table 18: The Estee Lauder Companies Inc: Key Employees
Table 19: L'Oreal SA: Key Facts
Table 20: L'Oreal SA: Annual Financial Ratios
Table 21: L'Oreal SA: Key Employees
Table 22: L'Oreal SA: Key Employees Continued
Table 23: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea skincare market value: $ million, 2019-24
Figure 2: South Korea skincare market volume: million Units, 2019-24
Figure 3: South Korea skincare market category segmentation: $ million, 2019-24
Figure 4: South Korea skincare market geography segmentation: % share, by value, 2024
Figure 5: South Korea skincare market distribution: % share, by value, 2024
Figure 6: South Korea skincare market value forecast: $ million, 2024-29
Figure 7: South Korea skincare market volume forecast: million Units, 2024-29
Figure 8: Forces driving competition in the skincare market in South Korea, 2024
Figure 9: Drivers of buyer power in the skincare market in South Korea, 2024
Figure 10: Drivers of supplier power in the skincare market in South Korea, 2024
Figure 11: Factors influencing the likelihood of new entrants in the skincare market in South Korea, 2024
Figure 12: Factors influencing the threat of substitutes in the skincare market in South Korea, 2024
Figure 13: Drivers of degree of rivalry in the skincare market in South Korea, 2024
Figure 14: South Korea skincare market share: % share, by value, 2024

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