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Breaking News on Cosmetics Formulation & Packaging in Asia-PacificEU editionUS edition

Regions > Korea

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.

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...

"Do you wanna be white?" - Is this Korean ad taking Western beauty ideals too far?

09-Jul-2014 - They say provocative campaigns sell, but is an advertisement featuring the above tagline for a skin whitening cream taking Western beauty ideals too far?

Vive la France: Korean consumers show enthusiasm for French cosmetics

08-Jul-2014 - It’s not baguettes but beauty wands: the recent launch of Eisenberg Paris in South Korea confirms that beauty is being fuelled by consumer enthusiasm for France within the Asian country....

Korean giant LG closes door on Elizabeth Arden bidding process

01-Jul-2014 - Korean consumer goods giant LG Household and Health Care has said it is no longer interested in bidding for Elizabeth Arden, after the cosmetics player revealed its restructuring plan.

Asia dwarfing other regions in male grooming thanks to South Korea

04-Jun-2014 - With sales of male grooming products, particularly those in the skin care segment, on the rise in Asia, the region is now positioned as one of the fastest growing markets...

Cosmetics exports boom from South Korea

14-May-2014 - As South Korean products continue to perform strongly internationally, it comes as no surprise that the latest data from the Korea Customs Service show growth in the last decade has...

South Korean LG brand now looks to expand in EMEA

06-May-2014 - South Korean firm LG Household & Healthcare has been taking more international steps of late, particularly in cosmetics, what with considering to buy Elizabeth Arden and now making plans to...

Reed Exhibitions announces in-cosmetics Korea

30-Apr-2014 - Korea is the latest country to attract the in-cosmetics trade show as plans have been made for the inaugural event there next year in the capital.

Could LG Household be weighing up a bid for Elizabeth Arden?

24-Apr-2014 - The way to grow in the cosmetics industry is to acquire stock with an already good standing, and now South Korean household firm LG Household & Healthcare is considering a...

Western consumers are now demanding skin care influences from Asia

22-Apr-2014 - It is important for ingredient suppliers to stay relevant and follow the trends – which in skin care right now, is coming from Asia…

Consumers must be educated to make cosmetics packaging sustainable

17-Apr-2014 - Educating consumers is the only way brand owners can ensure that cosmetic packaging reaches sustainability goals according to a Korean chemical manufacturer.

Domestic brands winning out with China's continued growth

17-Apr-2014 - A new market report by research firm China Research and Intelligence notes that total sales revenue of the China cosmetic industry reached CNY 260 billion in 2013, and the analysts attributed this...

P&G loses out in damages case against competitor

10-Apr-2014 - Consumer goods multinational, Procter & Gamble, has lost out to a competitor in South Korea, as the Supreme Court rules against its claim that fellow beauty brand Missha has damaged...

Australia-Korea FTA could mean new opportunities for cosmetic players

09-Apr-2014 - Australian and South Korean authorities have signed a Fair Trade Agreement (FTA) that aims to promote tariff-free trade between the two countries.

The rise of the silkworm cocoon in skin care

26-Mar-2014 - Silk cocoon-based skin care formulations are really starting to take off in Asia as consumers seek an alternative way to keep the skin radiant and treat the ageing process.

Asia in Focus

Expert reveals the power of TV in Korean beauty buying

25-Mar-2014 - In this month's Asia in Focus, a series that hones in on the segments offering the most opportunities for the industry right now, we look at the power of Korean TV when...

Growing it out: room for hair care to expand in India

19-Mar-2014 - India has got room for further hair care growth, according to market analysts at Trefis, and professional salon retail looks set to drive this expansion.

Asian cosmetic brands to see 'top table' success with Korean wave

18-Mar-2014 - A 'Korean wave' is helping Asia's brands to take a strong foothold of the market share which will see them take their place at the top table amongst Western players once and for...

News in brief

MakeUP in Seoul around the corner

25-Feb-2014 - The first ‘MakeUP in Seoul’ show will open its doors in two weeks’ time in South Korea, as the latest offering from the team behind ‘MakeUP in Paris’ and ‘MakeUP...

Amyris' squalane alternative in Asia pushing boundaries

11-Feb-2014 - Amyris has collaborated with Dowell, a personal care ingredients supplier, to distribute its sugar-based squalane, a renewable alternative to the controversial material, in the Republic of Korea.

Mintel identifies 2014’s trends for the Asia Pacific consumer

05-Feb-2014 - An increase in technology, safety concerns and value are top of the trend list when it comes to consumers in Asia Pacific according to new research from Mintel.

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