Cosmetics - South Korea
- South Korea
- In 2025, the revenue in the Cosmetics market in South Korea is estimated to be €1.70bn.
- It is projected to experience an annual growth rate of 2.89% (CAGR 2025-2030).
- When compared globally, in the United States generates the highest revenue with €19,540m in 2025.
- Looking at the per person figures, in South Korea generates €32.90 in revenue per person in 2025.
- Additionally, by 2025, 66% of sales in the Cosmetics market will be attributed to Luxury.
- South Korea's cosmetics market is booming, with a strong focus on innovative skincare products and a growing demand for natural and organic beauty brands.
Key regions: Malaysia, Singapore, Worldwide, Indonesia, India
Methodology
Data coverage:
The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.Visión general
- Revenue
- Key Players
- Sales Channels
- Product Types
- Global Comparison
- Methodology
- Key Market Indicators