Leading beauty businesses in South Korea in 2023, by revenue

Published by
Nina Jobst,
Jun 6, 2024

In 2023, Olive Young was the beauty business with the highest sales revenue, totaling more than 3.86 trillion South Korean won. Olive Young overtook the previous leaders Amorepacific and LG Household & Health Care with its rapid growth in revenue.

Major beauty businesses in South Korea in 2023, by revenue (in trillion South Korean won)

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Release date

March 2024

Region

South Korea

Survey time period

2023

Supplementary notes

*Only LG Household and Health Care's beauty sector was taken into account.

1,000 South Korean won equals 0.73 U.S. dollars or 0.67 euro as of June 2024.

Figures have been rounded.

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Topics

Olive YoungE-commerce in South KoreaSkin care market in South KoreaMale beauty market in South KoreaOnline marketplaces in South Korea
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