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With $10bn in beauty exports in 2025, Korea overtook the United States to become the world’s second largest beauty exporter, according to ITC Trademap data covering skincare, makeup, fragrance and haircare. The US fell to third at $9.6 billion, down 4% year-on-year, while Korea grew 10% a contrast that reflects both the strength of Korean…
Based on ITC Trademap export data covering skincare, makeup, fragrance and haircare, the UAE was by far the fastest growing beauty exporter globally with an estimated 27.1% CAGR between 2016 and 2025 driven by Dubai’s emergence as a fragrance re-export hub and original production center. Luxury fragrance in the Gulf region grew 11% in 2024…