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.
Major Key Players of the K-beauty Products Market are:
ABLE C&C CO., Ltd., Adwin Korea Corp, Annie’s Way International Co., Ltd., The Beauty Factory, Ltd., Bluehug, Inc., BNH Cosmetics, Ceragem Health and Beauty Co, Ltd., CK Beauty Enterprise Inc., F&Co. Co., Ltd., LG Household & Health Care, and AMOREPACIFIC CORPORATION.
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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. Furthermore, global beauty retailers are setting up dedicated section on their webpages, which cater to Korean skincare brands. This enables to increase consumer awareness and is thereby a major driver of the K-beauty products market. In addition, K-beauty phenomenon has captured the attention of social media blogger influencers and journalists in the West. This has been regarded as an ingenious digital strategy applied by the K-beauty brands for driving popularity. However, the rise of veganism among consumers across the globe is expected to limit the growth of the K-beauty products market. Since Consumers are gradually becoming very conscious about sustainability, environmental impacts, and animal welfare. The K-beauty industry uses animal extracts. This hampers the market growth.
The K-beauty Products Market is segmented on the basis of Product Types, End User, Distribution Channel and region.
Major Product Types of K-beauty Products Market covered are:
- Sheet Masks
Major End User of K-beauty Products Market covered are:
Major Distribution Channel of K-beauty Products Market covered are:
- Online Retail
- Specialty/Monobrand Stores
On the contrary, rise in awareness of the benefits and uniqueness of K-beauty products among consumers across the globe create vast opportunity for expansion among the K-beauty products industry players. New beauty trends and innovations, presenting sophisticated ingredients and appealing packaging can be viewed as an opportunity by the K-beauty manufactures for further growth and expansion.
– To study and analyze the global K-beauty Products consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the K-beauty Products market by identifying its various sub-segments.
– Focuses on the key global K-beauty Products manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the K-beauty Products with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 K-beauty Products Market Size
2.2 K-beauty Products Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 K-beauty Products Market Size by Manufacturers
3.2 K-beauty Products Key Players Head office and Area Served
3.3 Key Players K-beauty Products Product/Solution/Service
3.4 Date of Enter into K-beauty Products Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global K-beauty Products Sales by Product
4.2 Global K-beauty Products Revenue by Product
4.3 K-beauty Products Price by Product
5 Breakdown Data by End User
5.2 Global K-beauty Products Breakdown Data by End User
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In the end, K-beauty Products industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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