Five top Korean beauty brands seeing average growth of 16.8%
Five leading listed cosmetic companies in Korea are predicted to register a year-on-year growth rate of 16.8%, as the global enthusiasm for k-beauty continues to surge.
News & Analysis on Cosmetics Innovation
Five leading listed cosmetic companies in Korea are predicted to register a year-on-year growth rate of 16.8%, as the global enthusiasm for k-beauty continues to surge.
Although a weakening yen and depleting tourism levels are casting a darkening shadow on the Japanese economy, beauty has been singled out as one industry which may continue to drive sales.
A new app and connected cosmetics applicator device have been launched by skin care and medical technology developer OBJ, in what the company describes as ‘world first’ beauty personalisation technology.
A team of researchers has shown the efficacy of specific collagen peptides to improve skin moisture and, for the first time, to prevent and reduce the fragmentation of the dermal collagen network, thus counteracting one of the hallmarks of skin ageing.