South Korea Color Cosmetics Market Size & Outlook, 2022-2030
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South Korea color cosmetics market highlights
- The South Korea color cosmetics market generated a revenue of USD 2.4 billion in 2022 and is expected to reach USD 4.6 billion by 2030.
- The South Korea market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, conventional was the largest revenue generating product in 2022.
- Organic is the most lucrative product segment registering the fastest growth during the forecast period.
Color cosmetics market data book summary
| Market revenue in 2022 | USD 2.4 billion |
| Market revenue in 2030 | USD 4.6 billion |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Conventional, Organic |
| Key market players worldwide | L'Oreal SA, Unilever PLC, The Estee Lauder Companies Inc Class A, Avon Products, Shiseido Co Ltd, Coty Inc Class A, Revlon |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.3% of the global color cosmetics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China color cosmetics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 13.0 billion by 2030.
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Color Cosmetics Market Scope
Color Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Revlon | View profile | 1001-5000 | New York, New York, United States, North America | https://www.revlonanz.com |
| Avon Products | View profile | 10001+ | London, England, United Kingdom, Europe | https://www.avon.co.in |
| The Estee Lauder Companies Inc Class A | View profile | 62000 | 767 Fifth Avenue, New York, NY, United States, 10153 | https://www.elcompanies.com |
| L'Oreal SA | View profile | 94605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | https://www.loreal.com |
| Shiseido Co Ltd | View profile | 35859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.shiseido.co.jp |
| Coty Inc Class A | View profile | 11350 | 350 Fifth Avenue, New York, NY, United States, 10118 | https://www.coty.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
South Korea color cosmetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to color cosmetics market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 87.5% in 2022. Horizon Databook has segmented the South Korea color cosmetics market based on conventional, organic covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea color cosmetics market databook
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Our clientele includes a mix of color cosmetics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea color cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea color cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea color cosmetics market size, by product, 2018-2030 (US$B)
South Korea Color Cosmetics Market Outlook Share, 2022 & 2030 (US$B)
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