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NORTH AMERICA K-BEAUTY PRODUCTS MARKET FORECAST 2021-2028

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NORTH AMERICA K-BEAUTY PRODUCTS MARKET FORECAST 2021-2028

The North America K-beauty products market is forecasted to register a CAGR of 10.77% over the estimated period of 2021 to 2028. The market growth of the region is facilitated by consumers’ increased willingness to experiment with new products, the inclination towards using products manufactured with unique and natural ingredients, and the influence of Korean beauty products by celebrities through social media platforms.

NORTH AMERICA K-BEAUTY PRODUCTS MARKET FORECAST 2021-2028

North America 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 North America K-beauty products market is forecasted to register a CAGR of 10.77% over the estimated period of 2021 to 2028. The market growth of the region is facilitated by consumers’ increased willingness to experiment with new products, the inclination towards using products manufactured with unique and natural ingredients, and the influence of Korean beauty products by celebrities through social media platforms.
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The North America K-beauty products market growth assessment includes the analysis of the United States and Canada. As per a 2019 survey conducted on the international popularity of South Korean beauty products, nearly 29.4% of the respondents in the United States asserted that K-beauty is highly prevalent in the country. The products’ popularity was mainly accredited to the natural ingredients they constitute. As consumers become increasingly aware of the potential toxicity in cosmetics, market segments providing fragrance-free products formulated using essential oils are set to register robust growth over the upcoming years.

On the other hand, in 2020, consumers in Canada increasingly concentrated on self-care and pampering in order to maintain skin health. Although mainly practiced as a preventative measure against stress, the pampering trend considerably supplemented general-purpose body care, as well. Moreover, Canadians shifted to body care as an extension of facial skincare, thereby perceiving the skin in a holistic manner. Hence, these factors are set to influence the K-beauty products market growth in North America during the forecast years.

Cala Products, headquartered in the United States, is a Korean cosmetic manufacturer. The company’s product line comprises personal care tools, cosmetic brushes, bath and spa accessories, sponges and eyelashes, hairbrushes, and natural skincare. As one of the leading distributors and manufacturers of K-beauty products, the company’s presence extends to over 100 countries. Its products are primarily sold through e-commerce platforms and specialty retail shops.

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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
        • SUBSTITUTIONS
        • 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
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    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: NORTH AMERICA K-BEAUTY PRODUCTS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

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

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

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

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

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

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

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

    TABLE 10: KEY PLAYERS OPERATING IN NORTH AMERICA 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: NORTH AMERICA K-BEAUTY PRODUCTS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

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

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

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

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

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

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

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

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

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

    FIGURE 15: NORTH AMERICA K-BEAUTY PRODUCTS MARKET, GROWTH POTENTIAL, BY GENDER, IN 2020

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

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

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

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

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

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    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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