Market Overview

According to the latest estimates, the hair care products in South Korea market size is expected to increase from USD 1,755 million in 2023 to USD 2,221 million by 2029, garnering a CAGR of 4% over the evaluated period. One prominent aspect is the widespread influence of K-beauty (Korean beauty) culture, which places a strong emphasis on meticulous grooming and advanced skincare and haircare routines. South Korean consumers are highly knowledgeable and discerning, seeking out innovative products that promise visible results and cater to specific hair concerns such as damage repair, scalp health, and volume enhancement. This sophisticated consumer base pushes brands to continuously innovate and introduce cutting-edge products with advanced formulations and unique ingredients.

Economic prosperity and high disposable incomes also play a significant role in shaping the market. As South Korea enjoys a robust economy, consumers have the financial means to invest in premium and high-quality hair care products. This economic environment supports a thriving market for both local and international brands that offer luxurious and effective solutions. The competitive nature of the beauty industry in South Korea further drives brands to differentiate themselves with unique offerings and superior performance.

Cultural factors and the influence of traditional practices also significantly impact consumer preferences. There is a strong cultural appreciation for natural and holistic ingredients, with many consumers favoring products that incorporate traditional Korean ingredients such as ginseng, green tea, and various herbal extracts known for their beneficial properties. This preference for natural and time-honored ingredients aligns with the broader trend towards health and wellness, leading to a demand for hair care products that are both effective and gentle.

The report provides a comprehensive overview of the South Korea hair care products industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product, pricing, packaging material, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the hair care products industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the hair care products industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

Market Segmentation

The hair care products market in South Korea is segmented as below:
Product: conditioners, hair colorants, hair loss treatments, perms and relaxants, salon hair care, shampoos, styling agents, and others
Pricing: mass, and premium
Packaging material: flexible packaging, glass, metal, rigid plastics, and others
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, health and beauty stores, direct selling, e-commerce, hair salons, and others

The South Korea hair care products market is segmented on the basis of product, pricing, packaging material, and distribution channel. By product, the hair care products market in South Korea has been segmented into conditioners, hair colorants, hair loss treatments, perms and relaxants, salon hair care, shampoos, styling agents, and others. Based upon pricing, the hair care products market in South Korea is categorized into mass, and premium. On the basis of packaging material, the hair care products market in South Korea has been segmented into flexible packaging, glass, metal, rigid plastics, and others. By distribution channel, the hair care products market in South Korea has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, health and beauty stores, direct selling, e-commerce, hair salons, and others.

Competitive Landscape

The South Korea hair care products market is highly competitive. Top players covered in South Korea Hair Care Products Market Study are LG Household & Health Care Ltd., Amorepacific Corporation, Aekyung Industrial Co. Ltd., Wyatt Corp., L’Oreal S.A., The Procter & Gamble Company (P&G), The Estee Lauder Companies Inc., Talmocom Co. Ltd., Dong Sung Bio Pharm.Co. Ltd., KT&G Corporation, The Skn Factory Co. Ltd., Hoyu Co. Ltd., Mandom Corporation, Unilever PLC, Amway Corporation, Wella AG, FineToday Holdings Co. Ltd., Pierre Fabre S.A., Hyundai Pharmaceutical Co. Ltd., Doori Cosmetics Co. Ltd., Lush Retail Ltd., Yves Rocher sa, Natura & Co, L’Occitane International S.A., Alliance Pharma plc.

The report is an indispensable tool for companies and organizations operating in the hair care products industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the hair care products market.

Why Buy This Report?

Provide statistical data or estimations for the South Korea hair care products market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the hair care products market in South Korea
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the hair care products market in South Korea looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. South Korea Hair Care Products Market – Product Analysis
3.1 Conditioners
3.2 Hair colorants
3.3 Hair loss treatments
3.4 Perms and relaxants
3.5 Salon hair care
3.6 Shampoos
3.7 Styling agents
3.8 Others
4. South Korea Hair Care Products Market – Pricing Analysis
4.1 Mass
4.2 Premium
5. South Korea Hair Care Products Market – Packaging Material Analysis
5.1 Flexible packaging
5.2 Glass
5.3 Metal
5.4 Rigid plastics
5.5 Others
6. South Korea Hair Care Products Market – Distribution Channel Analysis
6.1 Convenience stores
6.2 Supermarkets and hypermarkets
6.3 Small grocery stores
6.4 Health and beauty stores
6.5 Direct selling
6.6 E-commerce
6.7 Hair salons
6.8 Others
7. Company Profiles
7.1 LG Household & Health Care, Ltd.
7.2 Amorepacific Corporation
7.3 Aekyung Industrial Co., Ltd.
7.4 Wyatt Corp.
7.5 L’Oreal S.A.
7.6 The Procter & Gamble Company (P&G)
7.7 The Estee Lauder Companies Inc.
7.8 Talmocom Co., Ltd.
7.9 Dong Sung Bio Pharm.Co., Ltd.
7.10 KT&G Corporation
7.11 The Skn Factory Co., Ltd.
7.12 Hoyu Co., Ltd.
7.13 Mandom Corporation
7.14 Unilever PLC
7.15 Amway Corporation
7.16 Wella AG
7.17 FineToday Holdings Co., Ltd.
7.18 Pierre Fabre S.A.
7.19 Hyundai Pharmaceutical Co., Ltd.
7.20 Doori Cosmetics Co., Ltd.
7.21 Lush Retail Ltd.
7.22 Yves Rocher sa
7.23 Natura & Co
7.24 L’Occitane International S.A.
7.25 Alliance Pharma plc
DISCLAIMER

Companies Mentioned

LG Household & Health Care, Ltd.
Amorepacific Corporation
Aekyung Industrial Co., Ltd.
Wyatt Corp.
L’Oreal S.A.
The Procter & Gamble Company (P&G)
The Estee Lauder Companies Inc.
Talmocom Co., Ltd.
Dong Sung Bio Pharm.Co., Ltd.
KT&G Corporation
The Skn Factory Co., Ltd.
Hoyu Co., Ltd.
Mandom Corporation
Unilever PLC
Amway Corporation
Wella AG
FineToday Holdings Co., Ltd.
Pierre Fabre S.A.
Hyundai Pharmaceutical Co., Ltd.
Doori Cosmetics Co., Ltd.
Lush Retail Ltd.
Yves Rocher sa
Natura & Co
L’Occitane International S.A.
Alliance Pharma plc