
Cosmetics import value South Korea 2014-2021
In 2021, the value of cosmetics imported into South Korea amounted to around 1.49 trillion South Korean won (about 1.3 billion U.S. dollars according to source). That year, the market size of the South Korean cosmetics industry stood at approximately 7.6 trillion South Korean won. In recent years, the production and exports of South Korean cosmetics have grown greatly thanks to the global popularity of K-beauty.