South Korea Men’s Grooming Products Market Size & Outlook
South Korea men’s grooming products market, 2017-2030 (US$M)
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South Korea men’s grooming products market highlights
- The South Korea men’s grooming products market generated a revenue of USD 6,685.3 million in 2022 and is expected to reach USD 11,628.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2022.
- Hair Styling is the most lucrative product segment registering the fastest growth during the forecast period.
Men’s grooming products market data book summary
| Market revenue in 2022 | USD 6,685.3 million |
| Market revenue in 2030 | USD 11,628.4 million |
| Growth rate | 7.2% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Hair Styling |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin Care, Hair Styling, Shave/Beard Care, Accessories, Color Cosmetics |
| Key market players worldwide | Beiersdorf AG, Procter & Gamble Co, L'Oreal SA, Shiseido Co Ltd, Colgate-Palmolive Co, Kao Corp, The Estee Lauder Companies Inc Class A, Reckitt Benckiser Group PLC, Coty Inc Class A, Vi-john Group |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.3% of the global men’s grooming products market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China men’s grooming products market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 24,786.1 million by 2030.
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Men’s Grooming Products Market Scope
Men’s Grooming Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea men’s grooming products 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 men’s grooming products market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 33.01% in 2022. Horizon Databook has segmented the South Korea men’s grooming products market based on skin care, hair styling, shave/beard care, accessories, color cosmetics covering the revenue growth of each sub-segment from 2017 to 2030.
South Korea's global influence in the beauty industry, especially through the K-beauty phenomenon, has had a considerable impact on men's grooming. The popularity of male Korean celebrities and K-pop idols has encouraged men of all ages to use grooming products and adopt multi-step skincare routines.
Ongoing urbanization in South Korea has enabled exposure to global trends and lifestyles, which has strongly influenced men's grooming habits. The rise of urban living has also led to a greater emphasis on personal appearance and grooming.
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Target buyers of South Korea men’s grooming products market databook
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Our clientele includes a mix of men’s grooming products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea men’s grooming products market , including forecasts for subscribers. This country databook contains high-level insights into South Korea men’s grooming products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea men’s grooming products market size, by product, 2017-2030 (US$M)
South Korea Men’s Grooming Products Market Outlook Share, 2022 & 2030 (US$M)
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