What is this market, exactly?
K-Beauty gets used as a label for almost anything with snail mucin or a glass-skin promise, so we start by saying exactly which brands we count.
A Korean sunscreen brand selling in Seoul and online worldwide is in. So is a Korean makeup or haircare brand sold mostly abroad. A Western brand with a "Korean-inspired" serum is out, and so is a factory that makes products for other brands without selling its own.
That way, the market size and every brand we compare describe the same thing.










