South Korea Haircare Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026
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South Korea Haircare Market Report Overview
The South Korea haircare market size was KRW1,394.3 billion ($1,218.5 million) in 2021 and is forecasted to record a CAGR of over 2% during 2021-2026. The South Korea haircare market research report will help to identify high-potential categories and explore further market opportunities based on detailed value and volume analysis.
South Korea Haircare Outlook 2021-2026, (KRW Billion)
For more insights on the South Korea haircare market forecast, download a free report sample
South Korea Haircare Market Segmentation by Category
The key categories in the South Korea haircare market are shampoo, conditioner, hair colorants, hair loss treatments, perms & relaxers, salon hair care, and styling agents. In 2021, the shampoo segment accounted for the largest South Korea haircare market share. The segment will record fastest growth during the projected period, followed by perms & relaxers and styling agents.
South Korea Haircare Market Analysis, by Categories, 2021 (%)
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South Korea Haircare Market Segmentation by Distribution Channel
The key distribution channels in the South Korea haircare market are hypermarkets & supermarkets, e-retailers, convenience stores, health & beauty stores, parapharmacies/drugstores, direct sellers, chemists/pharmacies, and others. Hypermarkets & supermarkets was the leading distribution channel in the South Korea haircare sector in 2021, followed by e-retailers and convenience stores.
South Korea Haircare Market Analysis by Distribution Channel, 2021 (%)
For more channel insights in the South Korea haircare market, download a free report sample
South Korea Haircare Market Segmentation by Pack Material
The key pack materials in the South Korea haircare market are rigid plastics, flexible packaging, and rigid metal, and glass. Rigid plastics was the leading pack material in the South Korea haircare sector in 2021, followed by flexible packaging and rigid metal.
South Korea Haircare Market Analysis by Pack Material, 2021 (%)
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South Korea Haircare Market – Competitive Landscape
Some of the key haircare companies in South Korea are Amorepacific Corporation, LG Corp, Aekyung Co., Ltd., Dongsung, and Hoyu Co., Ltd. Amorepacific Corporation held the highest value share in the South Korea haircare market, in 2021.
South Korea Haircare Market Analysis by Companies, 2021 (%)
For additional insights on leading South Korea haircare market players, download a free report sample
South Korea Haircare Market Segmentation by Cities
The key cities in the South Korea haircare market are Seoul, Busan, Incheon, Daegu, Gwangju, Daejeon, and Ulsan among others. Seoul was the leading city in the South Korea haircare sector in 2021, followed by Busan.
South Korea Haircare Market Analysis by Cities, 2021 (%)
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South Korea Haircare Market Overview
Market Size (2021) | KRW1,394.3 billion ($1,218.5 million) |
CAGR (2021-2026) | >2% |
Historic Period | 2016-2020 |
Forecast Period | 2021-2026 |
Key Cities | Seoul, Busan, Incheon, Daegu, Gwangju, Daejeon, and Ulsan |
Key Categories | Shampoo, Conditioner, Hair colorants, Hair loss treatments, Perms & relaxers, Salon hair care, and Styling agents |
Key Distribution Channels | Hypermarkets & Supermarkets, Parapharmacies/Drugstores, Health & Beauty Stores, Chemists/Pharmacies, E-Retailers, Direct Sellers, Convenience Stores, Department Stores, and Others |
Key Packaging Material | Rigid Plastics, Flexible Packaging, Rigid Metal, and Glass |
Leading Companies | Amorepacific Corporation, LG Corp, Aekyung Co., Ltd., Dongsung, and Hoyu Co., Ltd. |
Key Segments Covered in the Report
South Korea Haircare Market Outlook by Category (Value, KRW Billion, 2021-2026)
- Conditioner
- Hair colorants
- Hair loss treatments
- Perms & relaxers
- Salon hair care
- Shampoo
- Styling agents
South Korea Haircare Market Outlook by Distribution Channel (Value, KRW Billion, 2021-2026)
- Parapharmacies/drugstores
- Hypermarkets & supermarkets
- Chemists/pharmacies
- E-retailers
- Direct sellers
- Convenience stores
- Department stores
- Others
South Korea Haircare Market Outlook by Packaging Material (Value, KRW Billion, 2021-2026)
- Rigid Plastics
- Flexible Packaging
- Rigid Metal
- Glass
Key Highlights
- Per capita expenditure of haircare was higher in South Korea than both the global and regional levels in 2021
- The per capita consumption of shampoo was higher than other haircare categories in 2021
- Hypermarkets & supermarkets was the leading distribution channel in the South Korean haircare sector
- Shampoo was the leading category in volume terms across the leading cities in the South Korean haircare sector in 2021.
- “Older consumers” represent the largest subset of the haircare sector in South Korea
Reasons to Buy
- Identify high-potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis of key macroeconomic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, employed people, and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.
Amorepacific Corporation
Aekyung Co. Ltd.
Dongsung
Hoyu Co. Ltd.
Woosin Cosmetics Co. Ltd.
Henkel AG & Co. KgaA
KKR & Co.LP.
Procter & Gamble
Jungwe Pharm
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Frequently asked questions
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What was the South Korea haircare market size in 2021?
The haircare market size in South Korea was valued at KRW1,394.3 billion ($1,218.5 million) in 2021.
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What is the South Korea haircare market growth rate during 2021-2026?
The haircare market in South Korea will grow at a CAGR of over 2% during 2021-2026.
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Which are the key cities in the South Korea haircare market?
The key cities in the South Korea haircare market are Seoul, Busan, Incheon, Daegu, Gwangju, Daejeon, and Ulsan among others.
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What are the key categories in the South Korea haircare market?
The key categories in the South Korea haircare market are shampoo, conditioner, hair colorants, hair loss treatments, perms & relaxers, salon hair care, and styling agents.
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What are the key channels in the South Korea haircare market?
The key distribution channels in the South Korea haircare market are hypermarkets & supermarkets, parapharmacies/drugstores, health & beauty stores, chemists/pharmacies, e-retailers, direct sellers, convenience stores, department stores, and others.
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What are the key pack materials in the South Korea haircare market?
The key pack materials in the South Korea haircare market are rigid plastics, flexible packaging, rigid metal, and glass.
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Which are the key companies in the South Korea haircare market?
Some of the key haircare companies in South Korea are Amorepacific Corporation, LG Corp, Aekyung Co., Ltd., Dongsung, and Hoyu Co., Ltd.
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