The United States K-beauty products market is set to grow with a CAGR of 10.68% over the forecasting years. Factors like the increasing awareness regarding the potential of toxicity in cosmetics, the growing influence of Korean beauty products through social media platforms such as Instagram and Facebook, as well as the prevalence of special sales and unique products essentially propel the market growth of the country. The base year considered for the market study is 2021, and the forecast period is from 2022 to 2028.

UNITED STATES K-BEAUTY PRODUCTS MARKET FORECAST 2022-2028

United States 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)

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The United States K-beauty products market is set to grow with a CAGR of 10.68% over the forecasting years. Factors like the increasing awareness regarding the potential of toxicity in cosmetics, the growing influence of Korean beauty products through social media platforms such as Instagram and Facebook, as well as the prevalence of special sales and unique products essentially propel the market growth of the country. The base year considered for the market study is 2021, and the forecast period is from 2022 to 2028.

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Since the early 20th century, the manufacture of cosmetics, as well as beauty products, has been led by numerous multinational firms, including Procter & Gamble Co, Unilever, The Estee Lauder Companies, L’Oréal, Shiseido, and others. In 2018, the United States was recognized as the most valuable beauty and personal care market globally, generating a revenue of nearly $89.5 billion.

On the other hand, facial cosmetics was the second-most lucrative segment, with sales revenue accounting for up to $1.9 billion. Moreover, given the size of the country’s cosmetics market, consumers are presented with innumerable brand options to choose from, in addition to several labels standing out as highly prominent and popular. Hence, on account of these factors, the United States K-beauty market is projected to observe a growing trend during the estimated period.

Annie’s Way International Co Ltd, headquartered in Taiwan, is a Korean company mainly operating in the cosmetics industry. The company specializes in manufacturing jelly masks, skincare products, moisturizers, and specialty masks. Its sole production factory is situated in Taiwan, and the firm imports raw materials predominantly from the United States, Europe, and Japan. It Is also involved in the production of private label cosmetic products for numerous brands.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. 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 ENTRY
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    4. MARKET BY TYPE
      • SHEET MASK
      • MOISTURIZER
      • CLEANSER
      • MAKEUP
      • OTHER TYPES
    5. MARKET BY DISTRIBUTION CHANNEL
      • SPECIALTY & SINGLE BRAND STORE
      • SUPERMARKET/ HYPERMARKET
      • E-COMMERCE
    6. MARKET BY GENDER
      • FEMALE K-BEAUTY PRODUCTS
      • MALE K-BEAUTY PRODUCTS
    7. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • 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: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 4: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 6: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY GENDER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY GENDER, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    FIGURE LIST

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: UNITED STATES K-BEAUTY PRODUCTS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021

    FIGURE 6: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY SHEET MASK, 2022-2028 (IN $ MILLION)

    FIGURE 7: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY MOISTURIZER, 2022-2028 (IN $ MILLION)

    FIGURE 8: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY CLEANSER, 2022-2028 (IN $ MILLION)

    FIGURE 9: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY MAKEUP, 2022-2028 (IN $ MILLION)

    FIGURE 10: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)

    FIGURE 11: UNITED STATES K-BEAUTY PRODUCTS MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2021

    FIGURE 12: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY SPECIALTY & SINGLE BRAND STORE, 2022-2028 (IN $ MILLION)

    FIGURE 13: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY SUPERMARKET/ HYPERMARKET, 2022-2028 (IN $ MILLION)

    FIGURE 14: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY E-COMMERCE, 2022-2028 (IN $ MILLION)

    FIGURE 15: UNITED STATES K-BEAUTY PRODUCTS MARKET, GROWTH POTENTIAL, BY GENDER, IN 2021

    FIGURE 16: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY FEMALE K-BEAUTY PRODUCTS, 2022-2028 (IN $ MILLION)

    FIGURE 17: UNITED STATES K-BEAUTY PRODUCTS MARKET, BY MALE K-BEAUTY PRODUCTS, 2022-2028 (IN $ MILLION)

    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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