South Korea Skin Care Products Market Report and Forecast 2025-2034

The South Korea skin care products market reached around USD 9.69 Billion in 2024. The market is projected to grow at a CAGR of 5.60% between 2025 and 2034, reaching almost USD 16.71 Billion by 2034.

South Korea Skin Care Products Market Growth

There is a growing preference for natural ingredients, which impart a glassy and dewy look to the skin. This has bolstered the popularity of black fermented rice in major skin care products in South Korea, such as toners and hair oil. Heartleaf, a traditional herb with rich anti-inflammatory and antioxidant properties also finds popularity in products for treating acne.

As consumers seek professional skin care treatments within their homes, the demand for innovative skincare tools which can enhance skin texture and glow is expected to record an upward trajectory. LED masks have become a unique solution for customers seeking self-empowering beauty products because they stimulate blood circulation and reduce the appearance of acne on the skin. Devices which facilitate skincare product absorption by making passageways within the skin are expected to remain exceedingly popular over the forecast period.

Technological advancements have enhanced the efficacy of barrier repair products on the skin. The emergence of multi-lamellar emulsion (MLE) technology has boosted the moisture lock capabilities of skincare products, which is leading to a healthier consumer complexion. MLE acts as an additional protective cover on the skin's natural layer of lipids, which is driving its demand among consumers.

South Korea Skin Care Products Industry Segmentation

South Korea Skin Care Products Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Facial Care
• Body Care
• Others

Market Breakup by Ingredient

• Natural
• Chemical

Market Breakup by Gender

• Men
• Women

Market Breakup by Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• Speciality Stores
• Online Channels
• Others

South Korea Skin Care Products Market Share

Based on distribution channels, the market is categorised into hypermarkets/supermarkets, convenience stores, speciality stores, and online channels, among others. Online channels are expected to emerge as one of the leading market segments, driven by the enhanced degree of convenience and flexibility they provide to consumers. Increasing smartphone penetration rates and rising internet accessibility rates are expected to further contribute to the growth of online sales of skin care products in South Korea.

Leading Companies in the South Korea Skin Care Products Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

• Amorepacific Corporation
• LG Corp.
• COSMAX. INC
• KOLMAR KOREA.
• COSMEDIQUE Co.,Ltd.
• HANKOOK COSMETICS MANUFACTURING CO.,LTD.
• Others

Major players in the market are developing innovative and unique ingredients to enhance and personalise the skincare experience. They are also developing sustainable and creative packaging solutions to enhance the visual appeal of K-beauty products.