According to investment plans made for the South Korean beauty industry in 2019, investments into eco-friendly and sustainable cosmetics materials were estimated to reach around 3.2 billion South Korean won by 2022, an increase from the 2.4 billion won expected by 2020. This assumed increase in R&D spending in sustainable materials in the cosmetics industry came to be in line with cosmetics consumption trends later on.
Planned investment in eco-friendly sustainable cosmetics material development from 2020 to 2022
(in billion South Korean won)
Characteristic
Planned investments in billion South Korean won
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
National Center for Cosmetics R&D. (April 6, 2023). Planned investment in eco-friendly sustainable cosmetics material development from 2020 to 2022 (in billion South Korean won) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1377415/south-korea-eco-friendly-cosmetics-components-development-investment/
National Center for Cosmetics R&D. "Planned investment in eco-friendly sustainable cosmetics material development from 2020 to 2022 (in billion South Korean won)." Chart. April 6, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1377415/south-korea-eco-friendly-cosmetics-components-development-investment/
National Center for Cosmetics R&D. (2023). Planned investment in eco-friendly sustainable cosmetics material development from 2020 to 2022 (in billion South Korean won). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1377415/south-korea-eco-friendly-cosmetics-components-development-investment/
National Center for Cosmetics R&D. "Planned Investment in Eco-friendly Sustainable Cosmetics Material Development from 2020 to 2022 (in Billion South Korean Won)." Statista, Statista Inc., 6 Apr 2023, https://www.statista.com/statistics/1377415/south-korea-eco-friendly-cosmetics-components-development-investment/
National Center for Cosmetics R&D, Planned investment in eco-friendly sustainable cosmetics material development from 2020 to 2022 (in billion South Korean won) Statista, https://www.statista.com/statistics/1377415/south-korea-eco-friendly-cosmetics-components-development-investment/ (last visited August 24, 2024)
Planned investment in eco-friendly sustainable cosmetics material development from 2020 to 2022 (in billion South Korean won) [Graph], National Center for Cosmetics R&D, April 6, 2023. [Online]. Available: https://www.statista.com/statistics/1377415/south-korea-eco-friendly-cosmetics-components-development-investment/