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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.

A sneak peek at in-cosmetics Seoul’s programme

18-Mar-2015 - The event will open its doors June 15 – 16, at the Coex Exhibition Centre in Seoul Korea, and has already attracted more than 150 exhibitors to invest in stands,...

Hot topic

New cosmetics Bill in South Korea has regulatory 'loopholes', says HSI

17-Mar-2015 - While a cosmetics Bill requiring the mandatory use of alternatives in South Korea has been introduced, the Humane Society International says there are still regulatory loopholes that must be closed....

South Korea's Memebox focused on taking success global

17-Mar-2015 - Memebox, is looking beyond South Korea's market, which accounts for 80% of its sales, to strengthen its' efforts in China and the US.

Korean brands scaling down in Japan due to weak Yen

12-Mar-2015 - While more and more Japanese cosmetics brands see value in Korea’s markets, Korean companies are scaling down their business in Japan, due to the weak yen.

Korea cosmetics boom as China consumers scramble for more

11-Mar-2015 - South Korean cosmetic producers are continuing to enjoy the best of times as latest statistics show that export grew by 50% in the past year, fuelled mainly by demand from China.

Missha becomes Korea’s first brand shop to target Western Europe's markets

04-Mar-2015 - Although the brand is present in the Czech Republic and Slovakia, Missha is now concentrating its efforts on Western Europe, particularly Germany, where cosmetics account for the largest share of the European...

AmorePacific’s Cushion compact sees global popularity take off

19-Feb-2015 - The influence of Korean beauty has seen a trend for AmorePacific’s Cushion compact take off, attracting worldwide attention and revolutionizing the make-up routine for women.

Korean authorities crack down on counterfeit facial masks

12-Feb-2015 - The Korean Intellectual Property Office (KIPO) has seized more than 100,000 counterfeit products of the well-known face mask brand; ‘Leaders Insolution’ from a Chinese-owned factory, close to the border of...

"Made in Korea” cosmetics viewed as sophisticated and of high quality

11-Feb-2015 - As domestic markets inch closer to saturation, numerous Korean brands have really started to recognize their own R&D and manufacturing capabilities, which is transforming how “Made in Korea” products are viewed.  ...

As the seasons change, so do Korean men’s skin barriers

28-Jan-2015 - When the seasons change so can our mood or outlook, or even… South Korean men’s skin. A new study by the Inha University College of Medicine claims the factors that...

South Korea's cosmetic exports are on the up!

20-Jan-2015 - According to South Korea’s customs office, cosmetic exports made it out of the red in 2014, giving the country its first annual surplus in the sector.

Korean Ministry notifies WTO that it intends to amend cosmetics regulation for imports

15-Jan-2015 - South Korea’s Ministry of Food and Drug Safety (MFDS) has notified the World Trade Organization (WTO) that it intends to amend quality control regulation with regards to imported cosmetics as...

Korea animal testing ban joy may be 'premature' as formal agreement needed on ingredients

14-Jan-2015 - Although included in Korea’s Ministry of Agriculture, Food and Rural Affairs (MAFRA) draft five year plan to phase out of animal testing for finished cosmetic products and ingredients, there is...

Korea proposes animal testing ban on finished cosmetics

06-Jan-2015 - A decision has been made proposing a ban on finished cosmetics product testing on animals in Korea, making it the second country in Asia to do so.

'Cytokines therapy' gaining momentum for treating Alopecia

18-Dec-2014 - Korean based ‘AesMed’ has developed a hair loss treatment solution based on ‘Cytokines therapy’ to control hair cell activation.

Korean cosmetic brands see opportunity in Islamic markets

18-Dec-2014 - Various Korean cosmetics companies have been eyeing up the Islamic markets of late, however getting halal certification before they can target the 1.6 billion Muslim population has proved tricky for some....

New tech mixes water and oil without surfactants

03-Dec-2014 - Cosmetics formulation may be forever changed by the innovative machine developed by Korean research scientists.  

Launch exclusive

Bulldog ‘collaborates to success’ with Boots in exclusive Thailand launch

20-Nov-2014 - Men’s skin care brand Bulldog will ‘collaborate to success’ in Thailand with Health and Beauty retailer Boots launching its range of products in Thailand later this month, extending its partnership....

Luxury cosmetics soar despite sanctions in North Korea

23-Oct-2014 - North Korea imported US$644.3 million worth of luxury goods including cosmetics last year, despite UN sanctions.

Snail skin care trend hits the US

20-Oct-2014 - The benefits of snail mucus on the skin have been known to the cosmetics industry for a while, and having seen a big trend in Korea, it is now heading...

Strong Estée Lauder results undermined by Korea market

19-Aug-2014 - Luxury international cosmetics player Estée Lauder posted record-breaking fourth quarter and full year results that show the company is continuing to lead the field.

Mintel recognises Korea potential and expands beauty coverage

13-Aug-2014 - Mintel Beauty & Personal Care announces it has expanded its coverage and GNPD scope in South Korea as the market continues to grow in Asia-Pacific.

Chinese tourism boosting Korean cosmetics thanks to women

12-Aug-2014 - Female tourists from China are fuelling a boost in sales for South Korean cosmetics brands, according to new figures released by Huanqiu website.

The Face Shop angling to become top Korean brand in Thailand

29-Jul-2014 - The Face Shop, a skin care and cosmetics leader in Korea, is eying up expansion Thailand, where it has set its sights on the top spot among Korean brands in...

Start using the ‘cushion format’ or lose out in Korea, beauty brands warned

22-Jul-2014 - Global brands looking to tap into South Korea’s explosive beauty market growth are missing a trick in failing to use a cushion format in facial make-up products, Euromonitor International has...

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