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Category: Korea
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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…
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From Dubai to Warsaw: the ten countries that grew their beauty exports fastest between 2016 and 2025
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…
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APR, the Seoul-based parent company of Medicube, more than doubled its sales in 2025 to €871 million (1527bn wons), posting a 56% CAGR since 2021 a growth rate that has no meaningful parallel among listed beauty companies of comparable scale. In doing so, APR surpassed Amorepacific to become the most valuable beauty company on the…