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Korea

The cosmetics market in Korea, comprising of both North and South, is driven by the skin care sector; easily bringing in the most sales. In the future, analysts predict that men’s grooming will boom and deodorants, which is a relatively small segment at present, to hold a good opportunity.

Scientific breakthrough leads to skin care line made from centipede poop

18-Aug-2016 - Scientists in Korea say they have now commercialised cosmetics using an antibiotic substance found in the centipede species scolopendra subspinipes.

Face Shop launches Kakao Cosmetics line in China

18-Aug-2016 - Korean cosmetics company Face Shop has expanded its global expansion with the launch of its Kakao Friends cosmetics brand in China.

Special Focus: Skin Whitening

Why the dynamics are changing for skin whitening in Asia

11-Aug-2016 - Skin whitening has been a mega trend in Asia for a number of years now, but with questions over the safety of some ingredients and several skin whitening campaigns causing...

Discussions at East Asia Summit focus on non-tariffs for cosmetics

10-Aug-2016 - Trade tariffs are a huge topic of conversation worldwide these days, and the recent East Asia Summit (EAS) focused on worldwide protectionism for a variety of industries, including cosmetics.

Politics could add to forces working against Korean cosmetics industry

09-Aug-2016 - Following stellar growth from the South Korean cosmetics industry in recent years, the tide may be turning as political pressure from China may add to the threat posed by limits...

Purchase limits by Korean customs may damage cosmetics sales

03-Aug-2016 - Limits imposed by South Korea’s customs authorities on how much local cosmetics can be bought in duty free stores are set to damage the outlook for the industry.

LG Household & Healthcare see big surge in luxury cosmetic sales

02-Aug-2016 - South Korea consumer goods giant LG Household & Healthcare reported a strong second quarter results, which was boosted by huge growth in its luxury cosmetics division.

AmorePacific’s new skin brightening ingredient wins approval

26-Jul-2016 - One of the leading beauty companies in Korea, AmorePacific, has just obtained certification for its latest skin brightening ingredient, a move that suggests it is pushing ahead with R&D for...

How Korea could corner the halal market

26-Jul-2016 - A collaboration between Korea and Malaysia could see Korea leap to the forefront of halal beauty innovation and manufacture, an industry expert has suggested.

Boots prepares for South Korea launch

21-Jul-2016 - Walgreens Boots Alliance, pharmacy-led health and beauty player, has entered into a franchise partnership that will see it enter South Korea through the country’s number one hypermarket retailer.

Dow launches 'collaborative model’ to keep formulators in the loop of latest innovation

19-Jul-2016 - Dow, a leading chemicals company, has launched a new ‘collaboration model’ centred around finished product concepts, aimed at helping “the personal care industry accelerate innovations to meet consumer demand”.

Beauty industry descended on Seoul: 97% visitor increase at in-cosmetics Korea 2016

19-Jul-2016 - In just its second year, the in-cosmetics Korea trade event is proving a big success among beauty and personal care industry professionals, with the number of attendees up 97%.

LVMH to invest in Korean cosmetic company Clio

13-Jul-2016 - LVMH Moet Hennessy Louis Vuitton is taking the plunge into the innovative and fast-growing South Korean cosmetics industry by investing $50m (€45m) in CLIO Co.

Korea's ambitious plan to boost cosmetics exports to USD 7 billion by 2018

13-Jul-2016 - With the market enjoying growing popularity abroad, particularly across the rest of Asia, South Korea’s government has said it wants to triple its cosmetics exports by 2018.

What is halal skin care and makeup, and what are the trends?

06-Jul-2016 - Halal is becoming big business for the beauty industry globally, and particularly in Asia: a central focus for this week’s in-cosmetics Korea event, we take a closer look at the...

LG's premium skin care player SU:M37 invests in China following duty free success

05-Jul-2016 - LG Household’s luxury skin care brand SU:M37 has invested in a flagship store in China after seeing success with the country’s tourists in local Korean duty free stores....

Korean beauty: how to get US consumers to bite

30-Jun-2016 - With the ongoing rise of Korean cosmetics (often dubbed K-beauty) in the global industry, US consumers remain reluctant to embrace the trend fully. Here, CosmeticsDesign takes a look at what...

In-cosmetics Korea opens its doors next week!

30-Jun-2016 - In-cosmetics is set to open its doors next week in Korea for the second year running, gathering together the industry in one of the world's leading markets for beauty and...

Cosmax broadens offering with new Nerium International partnership

28-Jun-2016 - Korean beauty giant Cosmax has announced a new partnership that it claims will boost its bio-health and cosmetics offering, and contribute to its global growth strategy.

Lush and L'Occitane lead in specialty retailing

21-Jun-2016 - Lush and L’Occitane have been singled out as market leaders when it comes to boutique retailing, Kline has revealed in a new report.

What are Korean beauty brands doing so right?

09-Jun-2016 - Ranked among the top five most dynamic beauty companies in the world, the success of K-beauty leaders AmorePacific and LG Household and Health Care is down to several key factors, a...

Mobile retail on the up in Korea

08-Jun-2016 - Korean shoppers are taking to the net for their purchases in increasing numbers, new figures reveal, indicating that the online retail space holds further potential for beauty brands in the...

K-beauty Missha new range launches across Asia

07-Jun-2016 - South Korean beauty brand Missha has rolled out its ‘Line Friends’ range across 12 countries in Asia, in a move that suggests the brand is looking to strengthen again following...

Korean beauty startup raises $3.5 million to expand in Southeast Asia

01-Jun-2016 - Althea, a Korean company which launched last year, has been making waves in Southeast Asia beauty, and has just secured a reported USD 3.5 million in funding to further its expansion.

Korea duty free industry ‘too dependent’ on Chinese tourism

26-May-2016 - Korea’s duty free industry, driven by beauty sales, has been criticised by commentators for relying too heavily on Chinese consumers.

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