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Beauty & Cosmetics

Fueled by the global K-beauty syndrome, Korea's cosmetics industry, the 10th largest in the world, is undergoing rapid development. Korea currently accounts for 2.9% of the global cosmetics market.

Global Cosmetics Industry Breakdown (2015)

전자 (수출: 932 억불, 수입: 485 억불, 수지:448 억불)
수송 (수출: 304 억불, 수입: 74 억불, 수지:231 억불)
화학 (수출: 452 억불, 수입: 283 억불, 수지:169 억불)
전기 (수출: 238 억불, 수입: 143 억불, 수지:95 억불)

* Source: Korea Health Industry Development Institute (2015)

Current Status of Korea's Cosmetics Industry

Korea's cosmetics industry is witnessing continuous growth in output and employment.
The majority of exports go to China, the world's biggist consumer market.

  • 2011
Korea 45.8 31.7%
China 19.2
Singapore 30.4
Others

2012
Korea 64.7 33.3%
China 18.2
Singapore 33.1
Others

2013
Korea 56.0 33.7%
China 16.7
Singapore 46.8
Others

2014.09
Korea 61.9 30.4%
China 15.2
Singapore 48.0
Others
  • NO.1 Hyundai Heavy Industry
NO.2 Samsung Heavy Industry
no.3 Daewoo Shipbuilding & Marine Engineering

* Source: Korea International Trade Association
* Note: Figures in parentheses () refer to percentage of all exports.

* Source: Korea International Trade Association

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