South Korea Skincare Market Summary, Competitive Analysis and Forecast to 2030

Skincare in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

– The skincare market is segmented into body care, facial care, depilatories, hand care, make-up remover, and others. The scope of others includes skincare sets. Skincare sets encompass a wide range of options, including specially curated skincare regimens, convenient travel sized products, gift sets, and combinations of skincare and makeup items. Market volume represents retail sales volume. Market is valued according to retail selling price (RSP) and includes any applicable taxes.

– The South Korean skincare market recorded a value of $6.5 billion in 2025, representing a compound annual growth rate (CAGR) of 2.2% between 2020 and 2025.

– Market consumption volume increased with a CAGR of 3.1% between 2020 and 2025, reaching a total of 764.5 million units in 2025.

– The South Korean skincare market grew during 2020–25 due to an increase in disposable income that raised both the number of buyers and the value of each purchase.

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the skincare market in South Korea

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the skincare market in South Korea

– Leading company profiles reveal details of key skincare market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the South Korea skincare market with five year forecasts

Reasons to buy

- What was the size of the South Korea skincare market by value in 2025?

- What will be the size of the South Korea skincare market in 2030?

- What factors are affecting the strength of competition in the South Korea skincare market?

- How has the market performed over the last five years?

- What are the main segments that make up South Korea's skincare market?

Companies mentioned

LG H&H Co Ltd

AmorePacific Holdings Corp

The Estee Lauder Companies Inc

L'Oreal SA

Table of Contents

Table of Contents

1 Executive Summary

1.1. Market Value

1.2. Market Value Forecast

1.3. Market Volume

1.4. Market Volume Forecast

1.5. Category Segmentation

1.6. Geography Segmentation

1.7. Market Share

1.8. Market Rivalry

1.9. Competitive Landscape

2 Market Overview

2.1. Market Definition

2.2. Market Analysis

2.3. Market Trends

2.4. Regulatory Landscape

3 Market Data

3.1. Market Value

3.2. Market Volume

4 Market Segmentation

4.1. Category Segmentation

4.2. Geography Segmentation

4.3. Market Distribution

5 Market Outlook

5.1. Market Value Forecast

5.2. Market Volume Forecast

6 Five Forces Analysis

6.1. Summary

6.2. Buyer Power

6.3. Supplier Power

6.4. New Entrants

6.5. Threat Of Substitutes

6.6. Degree Of Rivalry

7 Competitive Landscape

7.1. Who are the leading players in the South Korean skincare market?

7.2. Which companies have been most successful in increasing their market shares during 2020–25?

7.3. Which companies market shares have suffered during 2020–25?

7.4. What are the most popular brands in the South Korean skincare market?

7.5. What have been the most significant recent developments in the South Korean skincare market?

8 Company Profiles

8.1. LG H&H Co Ltd

8.2. AmorePacific Holdings Corp

8.3. The Estee Lauder Companies Inc

8.4. L'Oreal SA

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology

10.2. Industry Associations

10.3. Related MarketLine research

10.4. About MarketLine

List of Tables

List of Tables

Table 1: South Korea skincare market value: $ million, 2020–25

Table 2: South Korea skincare market volume: million units, 2020–25

Table 3: South Korea skincare market category segmentation: % share, by value, 2020–25

Table 4: South Korea skincare market category segmentation: $ million, 2020-25

Table 5: South Korea skincare market geography segmentation: $ million, 2025

Table 6: South Korea skincare market distribution: % share, by value, 2025

Table 7: South Korea skincare market value forecast: $ million, 2025–30

Table 8: South Korea skincare market volume forecast: million units, 2025–30

Table 9: South Korea skincare market share: % share, by value, 2025

Table 10: LG H&H Co Ltd: Key Facts

Table 11: LG H&H Co Ltd: Annual Financial Ratios

Table 12: LG H&H Co Ltd: Key Employees

Table 13: AmorePacific Holdings Corp: Key Facts

Table 14: AmorePacific Holdings Corp: Annual Financial Ratios

Table 15: AmorePacific Holdings Corp: Key Employees

Table 16: The Estee Lauder Companies Inc: Key Facts

Table 17: The Estee Lauder Companies Inc: Annual Financial Ratios

Table 18: The Estee Lauder Companies Inc: Key Employees

Table 19: L'Oreal SA: Key Facts

Table 20: L'Oreal SA: Annual Financial Ratios

Table 21: L'Oreal SA: Key Employees

Table 22: L'Oreal SA: Key Employees Continued

Table 23: South Korea Size of Population (Million), 2021–25

Table 24: South Korea Real GDP (Constant 2010 Prices, $ Billion), 2021–25

Table 25: South Korea GDP (Current Prices, $ Billion), 2021–25

Table 26: South Korea Inflation, 2021–25

Table 27: South Korea Consumer Price Index (Absolute), 2021–25

Table 28: South Korea Exchange Rate, 2020–25

List of Figures

List of Figures

Figure 1: South Korea skincare market value: $ million, 2020–25

Figure 2: South Korea skincare market volume: million units, 2020–25

Figure 3: South Korea skincare market category segmentation: $ million, 2020-25

Figure 4: South Korea skincare market geography segmentation: % share, by value, 2025

Figure 5: South Korea skincare market distribution: % share, by value, 2025

Figure 6: South Korea skincare market value forecast: $ million, 2025–30

Figure 7: South Korea skincare market volume forecast: million units, 2025–30

Figure 8: Forces driving competition in the skincare market in South Korea, 2025

Figure 9: Drivers of buyer power in the skincare market in South Korea, 2025

Figure 10: Drivers of supplier power in the skincare market in South Korea, 2025

Figure 11: Factors influencing the likelihood of new entrants in the skincare market in South Korea, 2025

Figure 12: Factors influencing the threat of substitutes in the skincare market in South Korea, 2025

Figure 13: Drivers of degree of rivalry in the skincare market in South Korea, 2025

Figure 14: South Korea skincare market share: % share, by value, 2025

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