Despite the dominance of western cosmetics giants, the South Korean brands are gradually setting novel standards of beauty, driven especially by the global popularity of K-pop. A large number of people, irrespective of their gender, are capitalizing on beauty products originated from South Korea. K-beauty products are manufactured using exceptional ingredients, which result into unique and desirable looks. For instance, the k-beauty products include raw materials derived from snail slime, bee venom, starfish extract, pig collagen, and morphing masks. The K-beauty industry is thereby progressively fetching a lucrative business for cosmetic companies owing to its high product margin, hence making it further profitable for beauty companies.
Major Key Players of the K-beauty Products Market are:
ABLE C&C CO., Ltd., Adwin Korea Corp, Annie’s Way International Co., Ltd., The Beauty Factory, Ltd., Bluehug, Inc., BNH Cosmetics, Ceragem Health and Beauty Co, Ltd., CK Beauty Enterprise Inc., F&Co. Co., Ltd., LG Household & Health Care, and AMOREPACIFIC CORPORATION.
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