South Korea Hair Care Market Size & Outlook, 2022-2030

The hair care market in South Korea is expected to reach a projected revenue of US$ 5.3 billion by 2030. A compound annual growth rate of 7.5% is expected of South Korea hair care market from 2023 to 2030.
Revenue, 2022 (US$B)
$3.0
Forecast, 2030 (US$B)
$5.3
CAGR, 2023 - 2030
7.4%
Report Coverage
South Korea

South Korea hair care market highlights

  • The South Korea hair care market generated a revenue of USD 3.0 billion in 2022 and is expected to reach USD 5.3 billion by 2030.
  • The South Korea market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
  • In terms of segment, conventional was the largest revenue generating product in 2022.
  • Organic is the most lucrative product segment registering the fastest growth during the forecast period.

Hair care market data book summary

Market revenue in 2022USD 3.0 billion
Market revenue in 2030USD 5.3 billion
Growth rate7.5% (CAGR from 2022 to 2030)
Largest segmentConventional
Fastest growing segmentOrganic
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationConventional, Organic
Key market players worldwideL'Oreal SA, The Estee Lauder Companies Inc Class A, Kering SA, Coty Inc Class A, Nykaa

Other key industry trends

  • In terms of revenue, South Korea accounted for 2.5% of the global hair care market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China hair care market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 15.1 billion by 2030.

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Hair Care Market Companies

Name Profile # Employees HQ Website

South Korea hair care market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hair care market will help companies and investors design strategic landscapes.


Conventional was the largest segment with a revenue share of 83.33% in 2022. Horizon Databook has segmented the South Korea hair care market based on conventional, organic covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Hair Care Product Outlook (Revenue, USD Billion, 2018-2030)
    • Conventional
    • Organic

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Target buyers of South Korea hair care market databook

  • Our clientele includes a mix of hair care market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Korea hair care market , including forecasts for subscribers. This country databook contains high-level insights into South Korea hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea hair care market size, by product, 2018-2030 (US$B)

South Korea Hair Care Market Outlook Share, 2022 & 2030 (US$B)

South Korea hair care market size, by product, 2018-2030 (US$B)

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