Korean beauty brands achieve remarkable export growth in 2024. Find out which K-beauty exporters led the market and what fueled their global success.
According to recent data from the Financial Supervisory Service as of March 2025, Korea’s 74 listed cosmetics firms have significantly boosted their export performances. It underscores the continued global appeal of K-beauty products. These companies averaged export earnings of 144.8 billion won ($102 million). This marked a notable increase of 16.4% compared to the previous year’s 122.7 billion won. Exports now represent nearly 40% (39.5%) of these companies’ total sales, an increase from 37.5% the prior year.
Leading K-Beauty Exporters in Overseas Sales for 2024
| Rank | Company | Overseas Sales | Year-on-Year Growth | Export Share of Total Revenue |
|---|---|---|---|---|
| 1 | LG Household & Health | 2.048 trillion won | +1.9% | 30.9% |
| 2 | Amorepacific Group | 1.736 trillion won | +16.9% | 40.8% |
| 3 | COSMAX | 991.6 billion won | +13% | 45.8% |
| 4 | Silicon2 | 650.1 billion won | +107.9% | 94% |
| 5 | Kolmar Korea | 470.7 billion won | +14.1% | 19.2% |
Note: Silicon2’s key markets include the U.S. (82 billion won), UAE (29.9 billion won), and Indonesia (13.8 billion won).
Fastest-Growing K-Beauty Exporters in 2024
| Rank | Company | Overseas Sales | Year-on-Year Growth | Export Share of Total Revenue |
| 1 | d’Alba Global | 141 billion won | +215.4% | 45.6% |
| 2 | Jincostech | 11.7 billion won | +171.4% | 39.3% |
| 3 | CSACOSMIC | 6.6 billion won | +161% | 18.2% |
| 4 | SMCG | – | +122.9% | 12.3% |
| 5 | Silicon2 | 650.1 billion won | +107.9% | 94% |
Driving Factors Behind Export Growth
The substantial growth in Korea’s cosmetic exports reflects the ongoing global fascination with K-beauty. Brands famous for innovative formulations, advanced skincare solutions, and unique ingredients continue to resonate strongly in international markets. Additionally, strategic marketing and collaborations with global partners have significantly expanded Korean beauty brands’ reach and popularity worldwide.
This upward trajectory highlights K-beauty’s robust positioning as a key player in the global cosmetics market, setting the stage for sustained growth and further expansion into diverse international markets.
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