Global Beauty Set to Hit $800 Billion by 2030

with over $100 billion U.S. dollars. China, Japan, and South Korea all appear in the Top 10 ranking of the leading countries in the global beauty and personal care market, all with revenues exceeding $10 billion U.S.

dollars.“ Category Breakdowns and Growth Drivers Personal care remains the industry’s largest segment worldwide, followed by skin care, cosmetics, fragrances, and the rising star—beauty tech.

In South Korea, the market is forecast to reach nearly $18 billion by 2030, powered by high demand for skin care and personal care essentials, and a steady annual growth rate of 2–3.3 percent. In 2024, North America and North Asia held the largest share of the beauty and personal care market worldwide.

K-Beauty, J-Beauty, and C-Beauty K-Beauty maintains global momentum, with export values from South Korea nearing $9 billion in 2024. Leading export destinations include China, the United States, and Japan, a testament to the worldwide influence of Korean innovation from sheet masks to serums.