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.
05-May-2016 - Korean beauty giant AmorePacific has record an operating profit of 30.7% for the first quarter, thanks to sales growth both domestically and abroad, according to the company.
04-May-2016 - Korean personal care brand It’s Skin, famous for its snail extract usage, has outlined its strategy for further penetrating the China market.
03-May-2016 - Whoo cosmetics, a leading brand among Korean LG Household’s offering, is enjoying rapid growth, contributing to its parent brand enjoying net sales of W1.5 trillion so far this year.
27-Apr-2016 - In a new report by the Korea Trade-Investment Promotion Agency (KOTRA), France has been revealed as the primary country for imports of Korean beauty in the EU.
26-Apr-2016 - Officials from various of the Association of Southeast Asian Nations (ASEAN) are taking part in a delegation to South Korea this week, in a bid to learn more about the...
20-Apr-2016 - Cosmax, a leading cosmetics manufacturer from South Korea, has made clear its intention to take a lead in the US beauty R&D sphere.
12-Apr-2016 - LA-based Landing International is the company behind a new B2B concept in online beauty platforms. Called Marketplace, it will platform hard to source beauty products, starting with a collection from...
07-Apr-2016 - Various industry commentators in Australia have spoken about the rise of Korean beauty among consumers there, highlighting Korean culture and ethnic diversity as two driving factors.
05-Apr-2016 - With the launch of yet another ‘Korean-inspired’ beauty range in the West, Cosmetics Design takes a look at Korea’s ever-growing influence on the global beauty scene.
31-Mar-2016 - The Korea Customs Service (KCS) has said it will begin marking Korean cosmetics in a bid to tackle the rise of conterfeiting affecting the country’s beauty industry.
29-Mar-2016 - South Korean cosmetics first became popular with consumers from China, but the appeal is exploding worldwide, and it seems that Australia is now under that same spell.
23-Mar-2016 - A new boutique beauty chain has opened up throughout the US and Canada offering ‘a one stop shop’ for Korean beauty products.
23-Mar-2016 - With the trend for interactivity and personalisation in beauty retail now dominating globally, Korea is the latest to respond, with the government having just announced it is set to legalise...
22-Mar-2016 - A new global report highlights how hybrid lacquers are leading the way in the market for nail care, but Asia Pacific has been slow to pick up on the trend.
17-Mar-2016 - One of Korea’s major cosmetics firms has reportedly announced its intention to expand into India, as its popularity across the Asia region continues to grow.
16-Mar-2016 - Beauty giant AmorePacific has announced a new partnership through which it aims to protect endangered plant species in Korea.
03-Mar-2016 - One of the leading industry events in Korea’s beauty calendar, the Makeup in Seoul trade show, is set to give a special focus to the ever-rising dominance of the male...
17-Feb-2016 - Shiseido is at risk of losing its long-held top spot in the APAC beauty industry arena, with Korean beauty brand AmorePacific one company in particular which is tipped to move...
02-Feb-2016 - Long-established Korean beauty brands are having to adapt their approach to court younger consumers, to avoid missing out on the huge growth potential they offer the sector.
27-Jan-2016 - Five leading listed cosmetic companies in Korea are predicted to register a year-on-year growth rate of 16.8%, as the global enthusiasm for k-beauty continues to surge.
26-Jan-2016 - Korean beauty brands are maximising the opportunities offered by interactive retail, according to a recent report by the Korea Herald.
26-Jan-2016 - Early sales figures from the new Shilla iPark online duty-free store confirm Chinese customers still place Korean beauty brands firmly among their favourites.
14-Jan-2016 - As e-commerce continues its expansion on the Asia Pacific region; online shopping platforms, Gmarket and Auction - outlets of eBay Korea strive to support cross-border trade.
15-Dec-2015 - Innovative R&D capabilities and tech savvy cosmetics brands have boosted South Korea's reputation around the globe which has ushered in a new era of industrial competitiveness for the country....
26-Nov-2015 - With Korea boasting the world’s highest per capita usage of skin care and male grooming products, the in-cosmetics group expects the second edition of its personal care ingredients show in...