Major players operating in the K-beauty products market are ::
Amorepacific Corporation
LG Household & Health Car
Able C&C Co.Ltd.
Cosrx
TonyMoly.
Authors:
Avinash Singh, Sunita Singh
Frequently Asked Questions (FAQ) :
Global market for K-beauty products was valued at USD 9.5 billion in 2022 and is projected to register a CAGR of 5.7% between 2023 and 2032, driven by the growing cultural influence. Through the popularity of K-pop and Korean dramas.
The haircare segment held around 28% revenue share in 2022 and will record a significant CAGR from 2023 to 2032 due to the innovative formulations and focus on natural ingredients.
North America market will undergo significant transformation over 2023-2032 owing to the growing influence of K-beauty trends and the popularity of K-pop and Korean dramas that have piqued the interest of North American consumers.
Amorepacific Corporation, LG Household & Health Care, Able C&C Co., Ltd., Cosrx and TonyMoly.