Global K-Beauty Products Market will witness 5.7% CAGR between 2023 and 2032. The global fascination with Korean skincare routines and cosmetics has fueled demand for these innovative products. The product's emphasis on natural and cruelty-free ingredients aligns with consumer preferences for healthier options. Furthermore, the widespread adoption of e-commerce and social media allows easy access to K-Beauty products and trends. The perception of Korean skincare excellence and innovation continues to drive consumer trust and interest, further propelling the K-beauty products market expansion.
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The rising expansion of existing brands and products into several new ventures supports the market growth. For instance, in October 2023, KSKIN Korean Express Facial PH (Kskin), a prominent express facial brand with a strong presence in Singapore boasting over 50 branches, made plans on its debut in the Philippines with exciting developments for skincare and beauty enthusiasts. On October 21, 2023, Kskin will inaugurate its first branch at the SM Mall of Asia, promising to redefine the skincare industry by introducing Korean-formulated products and Singaporean technology.
The overall K-Beauty Products Market is classified based on product, end-use, and region.
The skincare segment will undergo significant development from 2023 to 2032. K-Beauty skincare products are renowned for their innovative formulations and focus on achieving healthy, radiant skin. Consumers worldwide are increasingly turning to these products for their effectiveness, incorporating Korean beauty routines into their daily regimens. With a growing emphasis on self-care and skincare wellness, the K-Beauty products market demand in the skincare category remains high, driving growth.
The female segment will register a noteworthy CAGR from 2023 to 2032. K-Beauty products offer a wide range of skincare and cosmetic options tailored to diverse skin types and concerns. Their reputation for quality and effectiveness resonates strongly with female consumers globally, who seek radiant, healthy skin and makeup products that enhance natural beauty. This demand highlights the K-beauty market share in the women segment as they prioritize skincare and beauty routines.
Europe K-Beauty products market will showcase an appreciable CAGR from 2023 to 2032. The trend of flawless skin and the influence of Korean beauty routines have led to robust demand for K-Beauty products across the region. Consumers across Asia-Pacific, where skincare is highly valued, are increasingly turning to Korean skincare and cosmetics for their innovative formulations and reputation for achieving radiant, healthy skin. Besides, the rising efforts from E-commerce retailers to provide Korean products further support market growth in Europe.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 K-beauty products market 360º synopsis, 2018 - 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Product trends
2.5 End-User trends
2.6 Distribution channel trends
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COVID-19 Impact Analysis on K-beauty Products Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2019-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the K-beauty Products include ABLE C CO., Ltd., Annie's Way International Co., Ltd., Adwin Korea Corp, LG Household & Health Care, The Beauty Factory, Ltd., Bluehug, Inc., BNH Cosmetics, CK Beauty Enterprise Inc., Ceragem Health and Beauty Co, Ltd., LG Household & Health Care, and AMOREPACIFIC CORPORATION..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global K-beauty Products Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/k-beauty-products-market/download-sampleMarket SegmentationThe broad K-beauty Products has been sub-grouped into the Product Type, End User, Distribution Channel and Region.
The report studies these subsets with respect to the geographical segmentation.
Despite the dominance of western cosmetics giants, the South Korean brands are gradually setting novel standards of beauty, driven especially by the global popularity of K-pop.
A large number of people, irrespective of their gender, are capitalizing on beauty products originated from South Korea.K-beauty products are manufactured using exceptional ingredients, which result into unique and desirable looks.
For instance, the k-beauty products include raw materials derived from snail slime, bee venom, starfish extract, pig collagen, and morphing masks.
The K-beauty industry is thereby progressively fetching a lucrative business for cosmetic companies owing to its high product margin, hence making it further profitable for beauty companies.
Korean beauty brands capitalize on their digital and e-commerce prowess in response to the rapid rise in demand from overseas markets.
E-retailers such as Sokoglam and Peach & Lily have imported assorted Korean skin-care brands to the U.S. and expanded the market in international territory.
Our founder wanted to create a beauty brand that went beyond and united wellness with wanderlust.
There are four pillars that lay the foundation of VIVI’s mission.
VIVI is:Committed to empowering womenGiving back by investing in communityGlobally conscious and holistic wellnessEthically sourced and sustainable for lifeIn order to meet these standards and fuel that mission, VIVI works with charity organizations who are dedicated to amazing causes.
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Meet two of our charity partners, Feeding America and World Vision.Feeding AmericaAs you can tell from their name, Feeding America's mission is clear: to end hunger in America.
The Feeding America network is the nation’s largest domestic hunger-relief organization.
