North America K-Beauty Products Market is anticipated to increase with a CAGR of 10.77% during 2021-2026.

The focus of Korean beauty products is on well-being and wellness. Natural ingredients are clearly labeled on the packaging of the items. K-beauty is primarily concerned with skincare, but it also makes sure that its products are appealing and inexpensive. Korean beauty businesses are constantly evolving to include new technologies, particularly in the area of raw ingredients. Snail slime, bee venom, starfish extract, hog collagen, and morph masks are just a few of the unusual compounds utilized in K-beauty. Because of its high product margin, the K-beauty industry is becoming a more significant and more successful business for cosmetics companies.

Browse for full report @ https://www.marketdataforecast.com/market-reports/north-america-k-beauty-products-market

Recent Developments:

To expand its global network, BNH Cosmetics Co. has announced its marketing partnership with KMA, Korea Model Association. This partnership will further provide BNH Cosmetics with young, energetic, and talented ambassadors along with KMA to further enlarge its strategies overseas.

Ask for a sample report @ https://www.marketdataforecast.com/market-reports/north-america-k-beauty-products-market/request-sample

Market Segmentation

North America K-Beauty Products Market by Product Type:

Sheet Masks
Cleansers
Moisturizers
Makeup
Others
Sheet masks, by product type, captured the most K-beauty market share in 2019 since they appeal to consumers' desires for inexpensive and quick-acting treatments. These products can help maintain the skin's attractiveness and health by tightening, hydrating, soothing, and brightening, among other things. As a result of their ease of use and price, sheet masks have a significant North America K-Beauty Products market share.

North America K-Beauty Products Market by End User:

Male
Female
The North America K-Beauty Products Market is divided into male and female categories based on the end consumer. The female segment accounts for most of the end-user segment; however, due to rising image consciousness and self-esteem, the male segment is expected to develop faster.

North America K-Beauty Products Market by Distribution Channel:

Online Retail
Supermarket/Hypermarket
Specialty/Monobrand Stores
The North America K-beauty products market is divided into three categories based on distribution channels: online retail, supermarket/hypermarket, and specialty/mono-brand stores. Consumers who buy beauty products want personal service and guidance. Hence specialty and mono-brand stores have the biggest market share of all the channels. Customers like specialty stores because they provide excellent customer counseling, after-sales service, deals, promotions, and other similar techniques. Moreover, the online retail segment is predicted to develop at the fastest rate throughout the K-beauty products market forecast period, owing to its ease of use and convenience.

Regional Analysis:

The North America K-Beauty Products Market Report includes the segmentation of countries:

U.S
Canada
Mexico
The expansion of the North American K-beauty goods market is examined in both the United States and Canada. According to a 2019 survey on the international appeal of South Korean beauty products, roughly 29.4% of respondents in the United States believe K-beauty is very popular in the country. The success of the items can largely be attributed to the natural elements that make them up. As customers become more conscious of the possible toxicity of cosmetics, the market for fragrance-free products created with essential oils is expected to rise rapidly in the coming years.

In 2020, however, consumers in Canada will place a greater emphasis on self-care and pampering in order to maintain skin health. The pampering movement significantly augmented general-purpose body care, although being primarily used as a stress-reduction technique. Furthermore, Canadians began to view body care as an extension of facial skincare, resulting in a holistic view of the skin. Therefore, these are the crucial factors which are expected to have an impact on the growth of the K-beauty products market in North America in the next years.

Impact of COVID-19 on North America K-Beauty Products Market

Manufacturers of K-Beauty goods are shifting their focus to hand sanitizers, cleaning agents, and personal care products, which have been in high demand throughout the pandemic. Keeping in mind the advent of the COVID-19 epidemic, producers have intensified their social media advertising of herbal skincare products in order to reach a larger audience. Lockdowns and curfews were enforced in countries worldwide, affecting people's lifestyles, health and well-being, and manufacturing businesses. Moreover, many exporters are experiencing critical hurdles during this epidemic, including import and export limitations on commodities, as well as quarantine and lockdown measures enforced by governments.

Key Players listed in the North America K-Beauty Products Market

The companies covered in the report:

ABLE C&C CO., Ltd.
Adwin Korea Corp
Annie's Way International Co., Ltd.
The Beauty Factory, Ltd.
Bluehug, Inc.
BNH Cosmetics
Ceragem Health and Beauty Co, Ltd.
CK Beauty Enterprise Inc.
LG Household & Health Care
Amorepacific Corporation
About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extensive research.

Contact Us:

+1-888-702-9626 (U.S. TOLL FREE)

[email protected]

Market Data Forecast, Inc.

2nd Floor, Lakeview Plaza,

Kavuri Hills, Hyderabad,

Telangana 500033,

India.