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ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET FORECAST 2021-2028

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ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET FORECAST 2021-2028

The Asia-Pacific K-beauty products market is anticipated to register a CAGR of 9.22% during the projected period of 2021 to 2028. Key driving factors such as the aspiration for quality and sophistication in makeup and skincare, especially among the middle-class population, the increased demand for beauty products manufactured without synthetic components, and the preference for products formulated using organic and natural ingredients primarily fuel the region’s market growth.

ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET FORECAST 2021-2028

Asia Pacific K-beauty Products Market by Type (Sheet Mask, Moisturizer, Cleanser, Makeup, Other Types) Market by Distribution Channel (Specialty & Single Brand Store, Supermarket/ Hypermarket, E-commerce) Market by Gender (Female K-beauty Products, Male K-beauty Products) and by Geography

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The Asia-Pacific K-beauty products market is anticipated to register a CAGR of 9.22% during the projected period of 2021 to 2028. Key driving factors such as the aspiration for quality and sophistication in makeup and skincare, especially among the middle-class population, the increased demand for beauty products manufactured without synthetic components, and the preference for products formulated using organic and natural ingredients primarily fuel the region’s market growth.
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The Asia-Pacific K-beauty products market growth assessment entails the analysis of South Korea, Vietnam, Australia & New Zealand, Thailand, China, Singapore, India, Japan, and the rest of the Asia-Pacific. Skincare in South Korea is under the international spotlight owing to the growing popularity of K-beauty. The country’s market is also becoming more need-specific. For instance, sheet-type face masks shaped to match distinct facial parts are gaining immense traction. In this regard, face masks catering to the cheeks and nose are among the key product examples sold in South Korea.

China is one of the largest cosmetics markets across the world, following the United States, particularly in terms of consumption value and revenue. The country’s beauty and personal care market experiences a burgeoning demand for premium, enhanced quality, and high-end brand products as a result of the rising disposable income, urbanization, as well as powerful social media influence. Thus, these factors are set to propel the market growth in the Asia-Pacific over the forecasting period.

Able C&C Co Ltd, headquartered in South Korea, is a multinational company operating in the cosmetics industry. It owns several brands of Korean cosmetic products distributed globally. The firm’s main products include hair care products, men’s cosmetics, point makeup, body care products, skincare, base makeup, and cleansing masks. Some of its well-renowned brands are A’pieu, Sengdo, Lapothicell, Maxfactor, PUPA, and others.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • MARKET SCOPE
      • KEY DRIVERS
        • DEMAND FOR ORGANIC PRODUCTS
        • CURIOSITY TO TRY INNOVATIVE PRODUCTS
        • EXTENSIVE RESEARCH AND DEVELOPMENT
        • BOOM IN E-COMMERCE AND SOCIAL MEDIA
      • KEY RESTRAINTS
        • USE OF ANIMAL PRODUCTS
        • LESS AWARENESS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON K-BEAUTY PRODUCTS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY TYPE
      • SHEET MASK
      • MOISTURIZER
      • CLEANSER
      • MAKEUP
      • OTHER TYPES
    3. MARKET BY DISTRIBUTION CHANNEL
      • SPECIALTY & SINGLE BRAND STORE
      • SUPERMARKET/ HYPERMARKET
      • E-COMMERCE
    4. MARKET BY GENDER
      • FEMALE K-BEAUTY PRODUCTS
      • MALE K-BEAUTY PRODUCTS
    5. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • SINGAPORE
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
        • BUSINESS EXPANSIONS
      • COMPANY PROFILES
        • ABLE C&C CO LTD
        • ADWIN KOREA CORPORATION
        • AMOREPACIFIC CORPORATION
        • ANNIE’S WAY INTERNATIONAL CO LTD
        • BNH COSMETICS LLC
        • CALA PRODUCTS
        • CARVER KOREA CO LTD (UNILEVER GROUP)
        • CERAGEM MALAYSIA SDN BHD
        • COSRX INC
        • LG HOUSEHOLD & HEALTH CARE LTD

    TABLE LIST

    TABLE 1: MARKET SNAPSHOT – K-BEAUTY PRODUCTS

    TABLE 2: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY GENDER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY GENDER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: KEY PLAYERS OPERATING IN ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET

    TABLE 11: LIST OF MERGERS & ACQUISITIONS

    TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 13: LIST OF PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS

    TABLE 14: LIST OF BUSINESS EXPANSIONS

    FIGURE LIST 

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 6: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY SHEET MASK, 2021-2028 (IN $ MILLION)

    FIGURE 7: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY MOISTURIZER, 2021-2028 (IN $ MILLION)

    FIGURE 8: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY CLEANSER, 2021-2028 (IN $ MILLION)

    FIGURE 9: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY MAKEUP, 2021-2028 (IN $ MILLION)

    FIGURE 10: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY OTHER TYPES, 2021-2028 (IN $ MILLION)

    FIGURE 11: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2020

    FIGURE 12: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY SPECIALTY & SINGLE BRAND STORE, 2021-2028 (IN $ MILLION)

    FIGURE 13: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY SUPERMARKET/ HYPERMARKET, 2021-2028 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY E-COMMERCE, 2021-2028 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, GROWTH POTENTIAL, BY GENDER, IN 2020

    FIGURE 16: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY FEMALE, 2021-2028 (IN $ MILLION)

    FIGURE 17: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, BY MALE K-BEAUTY PRODUCTS, 2021-2028 (IN $ MILLION)

    FIGURE 18: ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 19: CHINA K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 20: JAPAN K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 21: INDIA K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 22: SOUTH KOREA K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 23: SINGAPORE K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 24: THAILAND K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 25: VIETNAM K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 26: AUSTRALIA & NEW ZEALAND K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 27: REST OF ASIA-PACIFIC K-BEAUTY PRODUCTS MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • SINGAPORE
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. MARKET BY TYPE
      • SHEET MASK
      • MOISTURIZER
      • CLEANSER
      • MAKEUP
      • OTHER TYPES
    2. MARKET BY DISTRIBUTION CHANNEL
      • SPECIALTY & SINGLE BRAND STORE
      • SUPERMARKET/ HYPERMARKET
      • E-COMMERCE
    3. MARKET BY GENDER
      • FEMALE K-BEAUTY PRODUCTS
      • MALE K-BEAUTY PRODUCTS

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