Natural cosmetics in Korea are expected to expand at a CAGR of 4.10% through 2033. A valuation of US$ 2,767.80 million is anticipated for natural cosmetics in Korea in 2024. Korea is estimated to generate US$ 4,118.70 million in revenue from natural cosmetics by 2034.
Attributes | Details |
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Industry size of Korea | US$ 2,767.80 million |
Expected Industry Size of Korea in 2033 | US$ 4,118.70 million |
Forecasted CAGR between 2024 and 2034 | 4.10% |
Increasing awareness of synthetic ingredients' harmful effects has prompted people to be more cautious about their beauty products' ingredients. A push towards sustainable and environmentally friendly products has led manufacturers to develop products that meet consumers' dynamically changing beauty needs. As a result, natural beauty products have become increasingly popular
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A natural haircare trend and the willingness of South Gyeongsang consumers to experiment with innovations contribute to the growth in South Gyeongsang's haircare demand. Educating consumers about skincare routines and promoting products through influencer marketing and online tutorials is vital. The willingness to experiment with various products for hair and skin is expected to drive demand.
Health and wellness trends often coincide with the growth of natural cosmetics. In addition to seeking products that enhance their appearance, consumers also aim to find products that enhance their overall health and well-being. Natural cosmetics may appeal to those seeking a healthier lifestyle, as they contain fewer synthetic chemicals.
Natural products that are safe and effective have been developed through advances in cosmetic science. Plant extracts and minerals are some of the main factors driving the growth of natural cosmetics, especially in the absence of preservatives.
Essential oils are becoming increasingly popular for skincare routines and are expected to drive demand for these products in the coming years. Consumers are paying closer attention to product labels now that regulations are changing and health risks are becoming more apparent. As a result, consumers are seeking products with natural ingredients that are simpler and easier to use.
With the growing popularity of natural ingredients in cosmetic products, organic and natural materials are becoming increasingly popular. Natural beauty products have gained increasing popularity in South Korea as a whole.
Consumers are turning toward clean beauty products made from organic and natural components is increasing among consumers. The islands, coastline, and national parks of South Jeolla are known for their natural beauty. Visitors and residents may be more interested in natural beauty products as a result of the scenic landscapes present in the province.
Increasing consumer awareness about hair and haircare products, the demand is expected to grow. Haircare products are expected to hold a 14.80% share in 2024. Consumers are becoming more aware of hair care ingredients and seeking natural alternatives perceived as healthier and more environmentally friendly.
Traditional hair care products may contain synthetic chemicals that may negatively affect consumers. Promoting natural hair care products online has also increased awareness and drove demand for these products.
Korea Natural Cosmetics Based on Product | Hair Care |
---|---|
Industry Share in % | 14.80% |
Distribution and availability of natural cosmetics are largely dependent on specialty stores. The stores specializing in natural and organic beauty products cater to consumers looking for those products. Specialized stores are expected to hold a revenue share of 15.40% in 2024. Several specialty cosmetic stores are available online, and offline stores sell these natural cosmetics.
Customers can browse and purchase products from specialty online stores from the comfort of their homes, providing convenience and accessibility. Shoppers can interact with knowledgeable staff in physical specialty stores and explore products in person, offering a personalized shopping experience.
Korea Natural Cosmetics Based on Sales Channel | Specialty Stores |
---|---|
Industry Share in % | 15.40% |
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Various players in the natural cosmetics industry prefer to work with companies that offer technology solutions. Raw materials suitable for natural cosmetic production are identified through research and development activities.
Recent Developments Observed in the Korean Natural Cosmetics Industry
Attributes | Details |
---|---|
Estimated Industry Size in 2024 | US$ 2,767.80 million |
Projected Industry Valuation in 2034 | US$ 4,118.70 million |
Value-based CAGR 2024 to 2034 | 4.10% |
Historical Analysis of the Natural Cosmetics in Korea | 2019 to 2023 |
Demand Forecast for Natural Cosmetics in Korea | 2024 to 2034 |
Report Coverage | Industry Size, Industry Trends, Analysis of Key Factors Influencing Natural Cosmetics in Korea Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers |
Key Cities Analyzed While Studying Opportunities in Natural Cosmetics in Korea |
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Key Companies Profiled |
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Natural cosmetics is expected to register a CAGR of 4.10% from 2024 to 2034.
Korea is expected to generate US$ 2,767.80 million in natural cosmetics sales in 2024.
Natural cosmetics is expected to reach US$ 4,118.70 million in Korea by 2034.
Hair care products are likely to dominate the industry in the coming years.
1. Executive Summary
1.1. Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2024 to 2034
5.3.1. Skin and Sun Care
5.3.1.1. Dry Skin
5.3.1.2. Acne
5.3.1.3. Sunburn
5.3.1.4. Hyperpigmentation
5.3.1.5. Oily skin
5.3.1.6. Fine lines and wrinkles
5.3.1.7. Dark circles and puffiness
5.3.2. Hair Care
5.3.2.1. Dry and damaged hair
5.3.2.2. Dandruff
5.3.2.3. Oily hair
5.3.2.4. Frizzy hair
5.3.2.5. Hair loss
5.3.2.6. Scalp irritation
5.3.3. Bath & Shower
5.3.3.1. Dry skin
5.3.3.2. Body odor
5.3.3.3. Eczema and psoriasis
5.3.3.4. Itchy skin
5.3.3.5. Rough and uneven skin texture
5.3.4. Men’s Grooming(Only Shaving)
5.3.4.1. Razor burn
5.3.4.2. Ingrown hair
5.3.4.3. Dry skin
5.3.4.4. Razor bumps
5.3.4.5. Others
5.3.5. Color Cosmetic
5.3.5.1. Uneven skin tone
5.3.5.2. Acne and blemishes
5.3.5.3. Dry and chapped lips
5.3.5.4. Smudging and fading makeup
5.3.5.5. Others
5.3.6. Fragrances & Deodorants
5.3.6.1. Body odor
5.3.6.2. Skin irritation
5.3.6.3. Sweating
5.3.6.4. Synthetic fragrances
5.3.6.5. Allergies
5.3.7. Oral Care
5.3.7.1. Bad breath
5.3.7.2. Tooth sensitivity
5.3.7.3. Plaque and tartar buildup
5.3.7.4. Discolored teeth
5.3.7.5. Others
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034
6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Consumer Orientation
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Consumer Orientation, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Consumer Orientation, 2024 to 2034
6.3.1. Male
6.3.2. Female
6.3.3. Unisex
6.3.4. Baby & Kids
6.4. Y-o-Y Growth Trend Analysis By Consumer Orientation, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Consumer Orientation, 2024 to 2034
7. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Packaging
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Packaging, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Packaging, 2024 to 2034
7.3.1. Bottles & Jars
7.3.2. Tubes
7.3.3. Pouches & Sachets
7.3.4. Pencils & Sticks
7.4. Y-o-Y Growth Trend Analysis By Packaging, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Packaging, 2024 to 2034
8. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Sales Channel, 2019 to 2023
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Sales Channel, 2024 to 2034
8.3.1. Supermarkets/Hypermarkets
8.3.2. Department Stores
8.3.3. Specialty Stores
8.3.4. Online Sales Channel
8.3.5. Mono Brand Store
8.3.6. Others
8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By Sales Channel, 2024 to 2034
9. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023
9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034
9.3.1. South Gyeongsang
9.3.2. North Jeolla
9.3.3. South Jeolla
9.3.4. Jeju
9.3.5. Rest of Korea
9.4. Market Attractiveness Analysis By Region
10. South Gyeongsang Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Product Type
10.2.2. By Consumer Orientation
10.2.3. By Packaging
10.2.4. By Sales Channel
10.3. Market Attractiveness Analysis
10.3.1. By Product Type
10.3.2. By Consumer Orientation
10.3.3. By Packaging
10.3.4. By Sales Channel
10.4. Key Takeaways
11. North Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Product Type
11.2.2. By Consumer Orientation
11.2.3. By Packaging
11.2.4. By Sales Channel
11.3. Market Attractiveness Analysis
11.3.1. By Product Type
11.3.2. By Consumer Orientation
11.3.3. By Packaging
11.3.4. By Sales Channel
11.4. Key Takeaways
12. South Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Product Type
12.2.2. By Consumer Orientation
12.2.3. By Packaging
12.2.4. By Sales Channel
12.3. Market Attractiveness Analysis
12.3.1. By Product Type
12.3.2. By Consumer Orientation
12.3.3. By Packaging
12.3.4. By Sales Channel
12.4. Key Takeaways
13. Jeju Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Product Type
13.2.2. By Consumer Orientation
13.2.3. By Packaging
13.2.4. By Sales Channel
13.3. Market Attractiveness Analysis
13.3.1. By Product Type
13.3.2. By Consumer Orientation
13.3.3. By Packaging
13.3.4. By Sales Channel
13.4. Key Takeaways
14. Rest of Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Product Type
14.2.2. By Consumer Orientation
14.2.3. By Packaging
14.2.4. By Sales Channel
14.3. Market Attractiveness Analysis
14.3.1. By Product Type
14.3.2. By Consumer Orientation
14.3.3. By Packaging
14.3.4. By Sales Channel
14.4. Key Takeaways
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Product Type
15.3.3. By Consumer Orientation
15.3.4. By Packaging
15.3.5. By Sales Channel
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Sourcing-Lab
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Cosmedique
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Nutricare
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Kolmar Korea
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. L’Oréal SA
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Amway Corporation
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Beiersdorf
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Benefit Cosmetics LLC
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Chanel S.A.
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Clarins Group
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Coty Inc.
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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