Production value of functional cosmetics South Korea 2023, by type

Published by
Nina Jobst,
Nov 28, 2024

In 2023, the production value of multi-functional products in the functional cosmetics sector reached 2.3 trillion South Korean won, making it the largest segment in South Korea. The second-largest segment was wrinkle improvement products, with a production value of about 1.5 trillion won.

Production value of functional cosmetics in South Korea in 2023, by type (in billion South Korean won)

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Release date

May 2024

Region

South Korea

Survey time period

2023

Supplementary notes

1,000 South Korean won equals 0.76 U.S. dollars or 0.68 euros as of October 2024.

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