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Export Guide by Industry

How do you export cosmetics?

Cosmetics export strategies experiencing growing demand worldwide alongside the K-beauty craze.

Key Summary

The global cosmetics market is approximately $571 billion (as of 2023) and is growing at an annual average rate of 5.2%. Korean cosmetics exports reached a record high of approximately $8.5 billion in 2023, with the United States, China, and Japan as the top three export destinations. Skincare, mask packs, and sun care products are the core categories of K-beauty, and the vegan/clean beauty trend has been spreading globally in recent years. They fall under HS Code Chapter 33, and duty-free benefits are available when utilizing the Korea-US FTA.

Market Overview

The global cosmetics market is approximately $571 billion (as of 2023) and is growing at an annual average rate of 5.2%. Korean cosmetics exports reached a record high of approximately $8.5 billion in 2023, with the United States, China, and Japan as the top three export destinations. Skincare, mask packs, and sun care products are the core categories of K-beauty, and the vegan/clean beauty trend has been spreading globally in recent years. They fall under HS Code Chapter 33, and duty-free benefits are available when utilizing the Korea-US FTA.

Essential Certifications

fda-registrationfda-cosmetics-mocrachina-cfdahalal-certification

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